Studsvik — M&A Activity 2009

Oct 5, 2009

October 5, 2009

Studsvik divests dosimetry operations

Studsvik divests its operations in personal dosimetry services to NYSE listed Landauer, Inc. The sale further strengthens Studsvik's focus on its main business areas. The sale generates a capital gain of SEK 6.5 million.

Studsvik is the market leader in personal dosimeter services in Sweden with over 6,000 people monitored. Landauer, Inc., is a U.S.-based provider of personal dosimetry services to 1.6 million people in the United States, Japan, France, the United Kingdom, Brazil, Canada, China, Australia, Mexico and other countries.

"Landauer as a specialist operator is uniquely positioned to develop the business in the long run," says Studsvik's CEO Magnus Groth.

"We see growth potential in the Swedish radiation monitoring market, in particular new opportunities within nuclear power services, and are excited about the opportunity to acquire such a high-quality, well-run dosimetry laboratory," commented Bill Saxelby, President and CEO of Landauer.

Studsvik's personal dosimetry laboratory is the largest independent laboratory in Sweden with approximately 500 active customers. The majority of customers come from businesses related to the medical industry, such as hospitals, dentists, and veterinarians, as well as a growing base of participants in the nuclear industry. Studsvik took over the operations from the Swedish Radiation Protection Institute in 1999.

For further information please contact: Magnus Groth, President and CEO, tel +46 155 22 10 86 Sten-Olof Andersson, Senior Vice President Business Development, tel +46 155 22 15 20

Facts about Studsvik

Studsvik offers a range of advanced technical services to the international nuclear power industry in such areas as waste treatment, decommissioning, engineering & services, and operating efficiency. The company has 60 years experience of nuclear technology and radiological services. Studsvik is a leading supplier on a rapidly expanding market. The business is conducted through five segments: Sweden, United Kingdom, Germany, USA and Global Services. Studsvik has 1,100 employees in 8 countries and the company's shares are listed on the NASDAQ OMX Stockholm.

About Landauer

Landauer is the leading provider of analytical services to determine occupational and environmental radiation exposure. For more than 50 years, the Company has provided complete radiation dosimetry services to hospitals, medical and dental offices, universities, national laboratories, and other industries in which radiation poses a potential threat to employees. Landauer's services include the manufacture of various types of radiation detection monitors, the distribution and collection of the monitors to and from clients, and the analysis and reporting of exposure findings.