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PION Group M&A Activity 2010

May 11, 2010

3188_rns_2010-05-11_14cf2ea5-256b-4fc5-908f-b3d4c4059fdb.pdf

M&A Activity

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Poolia acquires Utvecklingshuset

Poolia acquires Utvecklingshuset, a company operating within outplacement, job coaching and rehabilitation services.

Utvecklingshuset has been in the business for 12 years and has appr. 20 employees, i.a. psychologists and behavioural scientists, all with a high competence and experience within the business areas of the company. The company has its main operations in central Sweden.

The acquisition increases our competence and broadens our offering on the Swedish market. We have taken this step to be able to meet our customers requirements in different phases and cycles. We also want to develop Utvecklingshuset further to become a nationwide player so that the synergy effects reached through the acquisition will benefit our customers and candidates on the Swedish market as a whole, says Johan Eriksson.

Utvecklingshuset is consolidated into the Poolia Group as from 1 April 2010.

For further information please contact:

Johan Eriksson, CEO, Tel. +46 8 555 650 60, +46 70 616 74 47 Åsa Edman Källströmer, MD Poolia Sverige AB, Tel. +46 8 555 653 16, +46 73 944 53 16

Poolias business concept is to provide companies and organisations with the skills that, either temporarily or permanently meet their needs for qualified professionals. Poolia specialise in temporary staffing and permanent recruitment of professional staff in our focus areas of Finance & Accounting, Financial Services, Office Support, IT & Engineering, Sales and Marketing, Human Resources, and Executive. Poolias subsidiary Utvecklingshuset offers outsourcing services on the Swedish market and Dedicare, another subsidiary, offers staffing in the health sector in Sweden and Norway. Poolia is listed on the NASDAQ OMX Stockholm AB since 1999.