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SP Group M&A Activity 2014

Feb 24, 2014

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SP Group acquires 80 % of the shares in Bröderna Bourghardt AB in Sweden.

Bröderna Bourghardt is a leading supplier of products in Telene and in addition
hereto the company has a minor production of components in PUR. The production
facilities are situated in Latvia at the subsidiary Baltic Rim.

Telene is an exciting plastic material that has high impact strength and is
chemical resistant. Telene is used worldwide in the offshore constructions,
wind turbines, contractors’ machinery, agricultural machinery and the chemical
industry.

Seller is David Bourghardt and he will continue as the managing director and
joint owner of the remaining 20 % of the share capital. Bröderna Bourghardt was
established in 1926 by David Bourghardt’s grandfather and has been in the
family’s possession since then.

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SP Group — M&A Activity 2014

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