Final agreement for acquisition of Gardena

Final agreement for acquisition of Gardena

Husqvarna has today signed a final agreement for acquisition of the German
company Gardena AG.

Gardena is the leader in the consumer market in Europe for irrigation products,
and also has a leading position in garden tools, garden ponds and pumps, and
electric garden products. In the fiscal year ending September 2006, the company
reported sales of EUR 422m (approximately SEK 3,800m) and operating income of
EUR 54m (approximately SEK 486m). The company has approximately 2,900 employees.

The purchase price amounts to EUR 730m on a debt-free basis (approximately SEK
6.5 billion).

Gardena will be included in the Group's Consumer Products business area in the
Rest of the world sector. Martin Bertinchamp, President of Gardena, will also be
responsible for Group sales through mass-market channels under the brands Flymo,
Partner and McCulloch. Sales to these channels, including Gardena, amount to
approximately EUR 800 million. Martin Bertinchamp will become member of
Husqvarna Group Management.

Hans Linnarson, current Head of Consumer Products Rest of the world, will
continue to be responsible for sales of Husqvarna-branded products to the
servicing dealer channel as well as for Commercial Lawn and garden within the
Professional Products business area.

For more information, please contact Åsa Stenqvist, Senior Vice President,
Corporate Communications and Investor Relations, Husqvarna, at +46 8 738 64 94.


Husqvarna is the world's largest producer of lawn mowers, chainsaws and portable
petrol-powered garden equipment such as trimmers and blowers. The Group is also
a world leader in diamond tools and cutting equipment for the construction and
stone industries. Net sales in 2006 were SEK 29.4 billion and the average number
of employees was 11,400.