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Munters Group — M&A Activity 2010
Sep 6, 2010
2945_rns_2010-09-06_3918e3d6-f600-4def-8fdf-d0138414f9d8.pdf
M&A Activity
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Press release
September 6, 2010, 09.30 AM CET
Munters Board of Directors evaluates the offer by Alfa Laval
Alfa Laval AB (publ) ("Alfa Laval") has today announced a public cash offer to the shareholders of Munters AB (publ) ("Munters") to transfer all of the shares in Munters to Alfa Laval (the "Offer").
Alfa Laval is a company with the ability to complete an acquisition and to take responsibility for Munters.
The Board of Directors of Munters will announce its opinion of the Offer and the reasons for this opinion by no later than two weeks prior to the expiry of the acceptance period.
As a part of the Board's evaluation of the Offer, the Board has engaged Lazard as financial advisor and Mannheimer Swartling as legal advisor.
For further information, please contact:
Anders Ilstam, Chairman of the Board of Directors Tel: +46 (0)70 630 76 02
Lars Engström, CEO, Member of the Board of Directors Tel: +46 (0)8 626 63 03
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 OMX Nordic Exchange Stockholm, Mid Cap.
For more information please visit www.munters.com.
Chairman of the Board of Directors Anders Ilstam
CEO, Member of the Board of Directors Lars Engström
Tel: +46 (0)70 630 76 02
Tel +46 (0)8 626 63 03 [email protected]
Adress Munters AB (publ) Isafjordsgatan 1, Kista Entré P.O. Box 1188 S-164 26 Kista Sweden
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 6 September 2010 at 9.30 AM.