Lagercrantz Group — M&A Activity 2012

Jul 3, 2012

PRESS INFORMATION

Lagercrantz Group acquires Plåt & Spiralteknik

Lagercrantz Group has today acquired all shares outstanding in Swedish company Plåt & Spiralteknik i Torsås AB (PST).

PST is a niched player that develops, manufactures and markets shaftless spiral conveyors in Sweden, Europe and worldwide. Customers are found among companies active in biofuel handling, waste water treatment, to sawmills and the recycling industry. PST has annual sales of more than MSEK 40 with good profitability.

"PST shows an excellent development based on a strong portfolio of proprietary products. We envision that we will be able to develop the business further together with Bertil Övgård both in Sweden and for export" comments Jörgen Wigh, President and CEO of Lagercrantz Group.

Bertil Övgård, President and owner of PST: "With Lagercrantz as owner, we get a long-term and strong owner who shares our vision of the company's potential for the future as well as our values. With Lagercrantz as owner I feel highly confident in the company's future."

PSTwill be a part of Lagercrantz Group's division Niche Products from July 2012. The acquisition is expected to generate a small positive contribution to consolidated earnings per share on an annual basis.

Stockholm, 3 July 2012

Lagercrantz GroupAB (publ)

For additional information, contact:

Jörgen Wigh, President & CEO, Lagercrantz GroupAB, telephone +46 70 569 5477. Magnus Söderlind, Executive Vice President with responsibility for acquisitions, Lagercrantz GroupAB, telephone +46 8 700 66 80.

This information is disclosed in accordancewith the Securities Markets Act, the Financial Instruments Trading Act or according to the agreement withNASDAQOMXStockholm Exchange. The informationwas submitted for publication on 3 July 2012 at 12:30.

LAGERCRANTZGROUPINBRIEF

Lagercrantz is a technology group in the areas of electronics, electricity, communication and related fields. TheGroup's companies deliver all its specialised products and solutions to other companies (B2B) and several of the companies areworld-leaders in their respective niches. Lagercrantz is active in eight countries inNorthern Europe and inChina. TheGroup has about 800 employees and revenue of approximately SEK2,300,000,000. TheCompany's shares are listed onNASDAQOMXStockholmsince 2001.

The business is organised in four divisions. Division Electronics offers special products in embedded electronics, industrialwireless communication, RFIDand lighting control. Division Mechatronics offers electric connections systems, electric installation materials, electric and electro-mechanical components and cabling. DivisionCommunications offers products, systems, services and support in network access, digital image transmission/technical security, and software. DivisionNiche Products is theGroup's new division fromApril 2012. Here a number of interesting market positions will be built up primarily by acquiring profitable companies in interesting niches andwith a large element of proprietary products.