Nobia and DMG acquire German kitchen company Marquardt



Through Culinoma GmbH, Nobia AB in Sweden and De MandemakersGroep
Holding BV in the Netherlands have today acquired the majority
shareholding in  the Marquardt Group in Germany. The Marquardt Group
is leading within granite kitchens in Germany with three factories
and 26 stores. This will make Culinoma the leader in granite
kitchens, as well as the largest streamlined kitchen store group in
Germany. The seller is Michael Marquardt, founder and sole owner of
the company.

Culinoma was established in February this year, with the objective of
developing kitchen stores in Germany through organic growth and
acquisitions. With Marquardt's 26 stores and Plana Küchenland's 39
franchise stores, Culinoma now has 65 kitchen stores, with kitchen
retail sales of approximately EUR 150 million. This means that it has
the leading position in the kitchen retail sector in Germany.

Fredrik Cappelen, CEO of Nobia and Ben Mandemarkers, CEO of DMG,
jointly comment on the acquisition:"Granite is an increasingly prevalent material in kitchens. We
strongly believe in the Marquardt concept for continued favourable
growth. Marquardt's management group and the company's
customer-friendly business model are compatible with our plans for
the development of the retail operations within the framework of
Culinoma. At the same time, we are delighted about Culinoma's rapid
expansion this year."

Michael Marquardt:"Through the sale to Culinoma, my wife and I have ensured that the
company is in good hands. I look forward to managing the company for
the benefit of customers, employees and the new owners."

Michael Marquardt, who established the term "granite kitchen" in the
German market through his business concept, will continue to head the
Marquardt Group. The concept is about offering customers kitchens
with a striking content of granite components at attractive prices
from the factories. The customer chooses the granite either on the
Internet or directly from the factories. The Marquardt Group has a
store chain comprising 26 stores, which provide customers with
guidance.

The company's operations have approximately 600 employees.

The acquisition is organised in two stages. Initially, 80 per cent of
the Marquardt Group will be acquired.

The acquisition of the Marquardt Group is conditional upon approval
from the appropriate competition authorities.

More information about the Marquardt Group, Culinoma and DMG are
enclosed, as well as the website for images.


For further information, please contact
Ingrid Yllmark, Director Communications and IR, Nobia,
Tel: +46 8 440 16 00 or +46 (0)70 65 59 00 or
Fokke Broekhuis, DeMandemakersGroep, Tel: +31 651 50 21 26

Nobia AB, 19 July, 2007

As the leading kitchen company in Europe, Nobia is championing the
consolidation of the European kitchen industry. Nobia creates
profitable growth by enhancing efficiency and making acquisitions.
The Nobia Group works with 20 strong brands in many European
countries. Sales are mainly generated through specialised kitchen
studios, both wholly owned and franchised. The Group has about 8,000
employees and net sales of approximately SEK 16 billion. Nobia is
listed on the OMX Nordic Exchange in Stockholm. More information is
available at www.nobia.com.

    EWE-FM - Gower - HTH - Hygena  - Invita - Magnet - Marbodal -
                             Myresjökök
      Norema - Novart - Optifit - Poggenpohl - Pronorm - Sigdal




APPENDIX

19 JULY, 2007 - Nobia and DMG acquire German kitchen company
Marquardt



MARQUARDT GROUP AND THE ACQUISITION

Marquardt-Küchen GmbH & Co KG was founded in 1992 by Michael
Marquardt. The company specialises in the manufacture of kitchens
essentially characterised by components in granite, such as worktops,
panels, skirting boards, tables, etc.

Michael Marquardt is a successful entrepreneur with an interesting
background.

For more information, visit www.marquardt-kuechen.de

CULINOMA
In February, Nobia and De MandemakersGroep established a 50/50 joint
venture for kitchen stores in Germany called Culinoma. The new
company commenced its operations by acquiring Plana Küchenland
(www.plana.de), a chain that currently has 39 specialised kitchen
stores in southern Germany. Culinoma intends to develop kitchen
stores in Germany through organic growth and acquisitions. The
objective is to have a leading position.

DE MANDEMAKERSGROEP (DMG)

De MandemakersGroep, in the Netherlands, is a leading retail company
in the Dutch kitchen market, wholly-owned by Ben Mandemakers. The
Group also has operations in Belgium and the Czech Republic. In
addition to the kitchen industry, the Group has a strong and growing
position in both the bathroom and furniture markets in the
Netherlands. The Group has 4,500 employees, approximately 200 stores
for kitchens and bathrooms, and strives to expand its activities in
Europe. Ben Mandemakers' various companies have sales of
approximately EUR 1 billion.

More information is available at: www.mandemakers.nl.


IMAGES

Press photographs are available at: www.marquardt-kuechen.de

Attachments

Press release PDF