Nefab acquires packaging company in Germany

Nefab acquires packaging company in Germany

Nefab has signed an agreement to acquire Günther Verpackungen, a German company,
located close to Stuttgart.
Günther Verpackungen provides packaging material to industrial companies in
southern Germany. The turnover 2006 amounted to 10 M€ and the operational profit
amounted to 500 T€. The company employs about 30 people. 

The acquisition will be carried out by a wholly owned subsidiary of Nefab in
Germany. Inventory, fixed assets and staff will be transferred to Nefab whilst
the seller keeps the premises in which the company operates. Nefab's intention
is to continue the business in the current premises and has therefore signed a
lease agreement with the seller. 

Nefab pays the book value of fixed assets and inventory. Moreover, Nefab pays 
2,9 M€ for intangible assets in the company. A preliminary valuation of the
intangible assets shows a dominant share of amortizable values, which means that
the size of the goodwill is relatively low. 

The acquisition is estimated to give a marginal contribution to Nefab's profit
per share for present year.

”The acquisition is in line with our strive to strengthen our position in this
important industrial part of Germany”, says Lars-Åke Rydh, President and CEO of
Nefab. ”We expect that the acquired unit will become a platform for future
growth in the region”, Rydh continues. 

For further information, please contact the President and CEO Lars-Åke Rydh, tel
+46-70-592 45 70, e-mail lars-ake.rydh@nefab.se or CFO Anna Stålenbring, +46
(0)70-814 23 44, e-mail anna.stalenbring@nefab.se


Jönköping, 26 June, 2007


Lars-Åke Rydh
President and CEO


Nefab delivers complete packaging solutions to international industrial groups,
primarily within the telecom and automotive industries. Nefab companies are
located in Europe, North and South America and Asia. Invoiced sales in 2006
amounted to SEK 1.9 billion. The Nefab share is listed on OMX Nordic Exchange,
category Mid Cap.