Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

Ratos M&A Activity 2011

Apr 29, 2011

2957_rns_2011-04-29_fe597bf6-9dab-40b5-919f-b9296a0a1106.pdf

M&A Activity

Open in viewer

Opens in your device viewer

{# SEO P0-1: filing HTML is rendered server-side so Googlebot sees the full text without executing JS or following an iframe to a Disallow'd CDN path. The content has already been sanitized through filings.seo.sanitize_filing_html. #}

Ratos AB (publ), Drottninggatan 2 Box 1661 SE-111 96 Stockholm Org nr/Corp. Id. no. SE 556008-3585 Tel +46 8 700 17 00 Fax +46 8 10 25 59

P R E S S R E L E A S E 29 April 2011

This information is disclosed in accordance with the Securities Markets Act, the Financial Instruments Trading Act or demands made in the exchange rules.

Inwido to acquire Pro Tec Vinduer in Denmark

Ratos's subsidiary Inwido has signed an agreement to acquire all the shares in the Danish window company Pro Tec Vinduer. The acquisition will be financed with funds available in Inwido.

Pro Tec sells and produces windows and doors in wood/aluminium and wood/fibreglass for the Danish and British markets. Pro Tec has a particularly strong position among architects and construction companies within the industrial segment. Pro Tec has approximately 140 employees and sales in 2010 totalled DKK 170m.

"Pro Tec's range of windows and doors is in tune with the times in terms of design, energy efficiency and flexibility. This acquisition will strengthen our offering in Denmark and other markets and fits in well with our focus on new and innovative products," says Inwido's CEO Håkan Jeppsson.

The acquisition is subject to approval from the relevant competition authorities.

For further information, please contact: Thomas Hofvenstam, Investment Director Ratos, +46 70 638 01 32 Håkan Jeppsson, CEO Inwido, +46 10 451 45 51 Emma Rheborg, Head of Corporate Communications and IR Ratos, +46 8 700 17 20

Financial calendar from Ratos: Interim Report January – March 2011 5 May 2011 Interim Report January – June 2011 19 August 2011 Interim Report January – September 2011 9 November 2011

Ratos is a private equity conglomerate. The company's mission is to maximise shareholder value over time through the professional, active and responsible exercise of its ownership role in primarily medium to large unlisted Nordic companies. Ratos's holdings include AH Industries, Anticimex, Arcus-Gruppen, Biolin Scientific, Bisnode, Contex, DIAB, EuroMaint, GS-Hydro, Hafa Bathroom Group, HL Display, Inwido, Jøtul, KVD Kvarndammen, Lindab, Medisize, Mobile Climate Control, SB Seating, Stofa and Other holdings. Ratos is listed on NASDAQ OMX Stockholm and market capitalisation amounts to approximately SEK 40 billion.