Munters: Munters divests the DEC business

Munters divests the DEC business Munters has agreed to divest the DEC business (Diesel Emission Control) to Per Holmström, currently working within the business. Munters and Per Holmström, currently Business Area Manager for Diesel Emission Control (DEC), have agreed that Per Holmström will take over all of Munters operations in the DEC business. The DEC business, which is part of Munters' HumiCool Division, sells Selective Catalytic Reduction (SCR) systems for marine diesel engines. The business had sales amounting to 20 SEK million in 2005. The business is based in Gothenburg and will continue its operations in the existing premises. "This is a logical step for Munters since the DEC business has limited synergies with our core business. This structural change enables us to focus on our selected target areas", says Per Segerström, President, Division HumiCool. The transfer of the business is deemed to be insignificant to Munters earnings and sales. For further information, please contact: Lars Engström, CEO Tel: +46 8 626 63 03 Mob: +46 70 228 85 19 Jonas Samuelson, CFO Tel: +46 8 626 63 06 Mob: +46 70 626 63 79 Sören Sjöström, VP Corp. Communication Tel: +46 8 626 63 08 Mob: +46 70 600 22 44 Munters is the world leader in humidity control with services and products for water and fire damage restoration, dehumidification, humidification and air cooling. Customers are served in a wide range of segments, the most important being insurance-, utilities-, food-, pharma- and electronics- industries. Manufacturing and sales are carried out via the Group's own companies in 30 countries. The Group has 3,449 employees and net sales of SEK 5,130 million. Munters is listed on OMX Nordic Exchange. For more information see www.munters.com ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://wpy.waymaker.net/client/waymaker1/f.aspx?id=352200&fn=wkr0010.pdf