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Munters Group — M&A Activity 2010
Sep 30, 2010
2945_rns_2010-09-30_5ea905cf-de77-45c6-9130-28a395f1ffc7.pdf
M&A Activity
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Press release
August 30, 2010, 3:00 PM CET
Munters has now completed the divestment of division MCS to Triton
On 30 June 2010, Munters AB (publ) ("Munters") disclosed that it had signed an agreement to divest division MCS to Triton, and that the transaction was expected to be completed during Quarter 3, 2010.
On 27 August 2010, Munters disclosed that necessary approval from the relevant competition authorities had been obtained on conditions acceptable for the parties and that Munters had fulfilled its obligation to inform and consult with relevant employee representative bodies in countries where so required.
The divestment of division MCS has now been completed in accordance with previously communicated conditions.
Munters AB discloses the information provided herein pursuant to the Securities Market Act and /or the Financial Instruments Trading Act. The information was submitted for publication on 30 August 2010 at 3:00 PM.
Munters is a global leader in energy efficient air treatment solutions and restoration services based on expertise in humidity and climate control technologies. Customers are served in a wide range of segments, the most important being insurance-, utilities-, food- and pharma industries. Manufacturing and sales are carried out via the Group's own companies in more than 30 countries. The Group has close to 4,000 employees and net sales of about SEK 6.5 billion. The Munters share is listed on NASDAQ OMX Stockholm, Mid Cap.
For more information please visit www.munters.com
VD Lars Engström
Tel +46-(08)-626 63 06 [email protected]
Adress
Munters AB (publ) Isafjordsgatan 1, Kista Entré P.O. Box 1188 S-164 26 Kista Sweden
CFO
Martin Lindqvist