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Rejlers M&A Activity 2013

Apr 24, 2013

3103_rns_2013-04-24_85fe7033-f4c2-41c5-8788-b95ae1251438.pdf

M&A Activity

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Rejlers grows rapidly and is one of the big Nordic engineering consultancies. 1,500 experts working with projects within building and property, energy, industry and infrastructure. We are specialist engineers of the highest quality with a broad range of skills, and not least energy that gives results. You find us at 70 locations in Sweden, Finland, Norway and Russia. Rejlers' revenue is about SEK 1.3 billion and the shares are listed on the NASDAQ OMX Nordic.

Press release 24-04-2013

Rejlers acquires Umeå Industri och Kraftkonsult

Rejlers acquires Umeå Industri och Kraftkonsult AB, IKAB, with 19 employees. IKAB is one of Norrland's largest electrical consultancies with several large energy and industrial companies as customers. During 2012 the company had revenue of 23 MSEK.

"The acquisition of IKAB strengthens our offering to industrial customers in northern Sweden. IKAB operates as technical consultants in the mining industry, an area where Rejlers now can grow further", says Eva Nygren, president and CEO at Rejlers.

"Rejlers is a company with good reputation in the industry. We will be able to offer our staff opportunities and take on larger assignments with our new colleagues at Rejlers", says Bertil Rönnlund, CEO of IKAB.

IKAB was established in 1985. The company has offices in Skellefteå and Umeå. Rejlers is taking over, May 1th, 2013.

For further information:

Eva Nygren; President and CEO, +46 73 412 66 60, e-mail: [email protected] Bertil Rönnlund; CEO, IKAB, +46 70 603 21 21, e-mail: [email protected]