Lagercrantz Group — M&A Activity 2019

Oct 1, 2019

PRESS RELEASE

Lagercrantz subsidiary Load Indicator AB acquires durability measurement operations from Dynamo Free AB

Lagercrantz Group's subsidiary Load Indicator AB has today signed an agreement to acquire the assets and liabilities of Dynamo Free AB.

The business is a leader within durability measurement in the field using specially-adapted force sensors. Annual revenue amounts to approximately MSEK 2.5.

"We are happy about the opportunity to strengthen our resources and expertise within field measurement, which represents an exciting development area for us that complements our existing suite of solutions from our own laboratory and mechanical workshop. We look forward to working together with Dynamo Free's owners and personnel who will move into roles within Load Indicator," comments Rickard Wilhelmsson, MD of Load Indicator AB.

Load Indicator AB is a leading supplier of solutions with strain gauges and load cells for enhanced process and quality control and will form part of Lagercrantz Group's Communications division. The acquisition is expected to only generate a marginal addition to the Group's earnings per share.

Stockholm, 1 October 2019

Lagercrantz Group AB (publ)

For further information please contact: Jörgen Wigh, President and CEO, Lagercrantz Group AB, tel +46 8 700 66 70 Urban Lindskog, VP Communications division, Lagercrantz Group, tel +46 768 09 99 00 or visit our website: http://www.lagercrantz.com

The information was submitted for publication on 1 October 2019 at 11:45 CET.

LAGERCRANTZ GROUP IN BRIEF

Lagercrantz Group is a technology group that offers world-leading, value-creating technology, using either proprietary products or products from leading suppliers. The Group consists of about 50 companies, each with a focus on a specific sub-market – a niche. High value-creation is common to all the companies, including a high degree of customisation, support, service and other services. Lagercrantz Group is active in nine countries in Northern Europe, in China, India and in the USA. The Group has approximately 1,500 employees and annual revenue of almost MSEK 4,000. The Company is listed on Nasdaq Stockholm since 2001. www.lagercrantz.com