Broström sells ship agency in Oxelösund

Broström sells ship agency in Oxelösund

The sale generates a profit before tax of SEK 1.4 million.

Beside the operations within product tanker shipping Broström has a network of
ship agencies in several ports along the Swedish coast. They offer ship
clearance, forwarding and chartering services for ship owners and other industry
customers. One of the companies within the network is Percy Tham i Oxelösund AB,
which since 2001 has been jointly owned 50/50 by Broström and Transatlantic
European Services AB, a company within the listed group Transatlantic.
Percy Tham had in 2006 net sales of SEK 5.7 million and 5 employees. Broström
has now entered into an agreement whereby the company has sold its shares in
Percy Tham to Transatlantic.
“As Transatlantic now resumes full responsibility for Percy Tham, possibilities
are made to integrate the operation with other offices within the group. This
secures long term the continued positive development for the employees in Percy
Tham. Within Broström we will now continue to develop our other fully owned ship
agencies in Sweden”, says Anders Dreijer, Deputy Managing Director of Broström.

Göteborg, 2 July 2007 

BROSTRÖM AB (publ) 

Reference: Lennart Simonsson, CEO of Broström, Tel +46 31 61 61 00


Broström is one of the leading logistics companies for the oil and chemical
industry, focusing on industrial product and chemical tanker shipping and marine
services. Broström is based worldwide, with head offices in Göteborg, Sweden.