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Nederman Holding — M&A Activity 2008
Jan 7, 2008
3083_rns_2008-01-07_dc480dbf-2e72-447e-a993-34b6810d5d14.pdf
M&A Activity
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PRESS RELEASE Helsingborg 7th January 2008
Nederman acquires Töredal Verkstad AB
Nederman has today acquired Töredal Verkstad AB in Jung, Sweden. Töredal manufactures products for High Vacuum systems and has for many years had a significant co-operation with Nederman.
Sven Kristensson, CEO Nederman Holding AB (publ):
"When the owners, in connection with a planned change of generations, decided to sell the company it was quite natural that Nederman should take over. Through the acquisition we secure continuity and production of a number of high vacuum products. Töredal has very competent personnel who together with our own designers have been involved in the development of many of the Nederman systems within the field of high vacuum. We therefore anticipate the integration will be quick and smooth.
Sellers are the Isaksson families who have been the owners since the start in the mid 70s. Töredal's turnover 2006/2007 amounted to 27 MSEK of which over 80% represented sales to Nederman. The company has 21 employees.
For more information: Sven Kristensson, CEO, Nederman. Tel +46 42 188700, e-mail: [email protected] or Anders Agering, CFO Nederman. Tel. + 46 42 188700, e-mail: [email protected]
Nederman is the global, leading provider of environmentally friendly products, systems and services to all types of industry sectors, such as extraction of dust, smoke, automobile exhaust fumes, and equipment for industrial cleaning. These are based on a vacuum technology which encompasses the entire range from high vacuum to middle and low vacuum. Nederman also has an extensive programme of self-retractable hose and cable reels for water, air, oil and other media.
Nederman's systems contribute in several ways to creating clean, efficient and safe workplaces all over the world.
The company's commitments to customers encompass everything from preliminary studies and project planning to installation, operational start-up and service.
The manufacturing is certified according to ISO 9001 and ISO 14000. Units for production and assembly are located in Sweden, Norway and Canada.
Nederman's products and systems are marketed by our own subsidiaries in 24 countries, and by agents and distributors in more than 50 countries.
The Group has approximately 560 employees.
For more information about the company, go to Nederman's website www.nederman.com
Nederman Holding AB (publ), P.O. Box 602, SE-251 06 Helsingborg, Sweden. Corporate registration number: 556576-4205