SWECO acquires Stockholm Vatten Byggprojekt AB


SWECO acquires Stockholm Vatten Byggprojekt AB

SWECO has signed agreement to acquire the building design unit of Stockholm
Vatten, with 24 employees.

Stockholm Vatten Byggprojekt, a unit within the City of Stockholm's municipal
water utility, provides studies, planning, design and construction management
services in the water and wastewater area. The motive for the acquisition is to
strengthen SWECO's capabilities primarily in mains engineering.

“There is a real need to investigate the quality of the mains networks, not
least with regard to the effects of climate change on the water and wastewater
system. Stockholm Vatten Byggprojekt has a high level of expertise in water and
wastewater management and a particularly in-depth knowledge of the mains network
in Stockholm. We are enormously pleased to gain additional resources in this
area, says Bo Carlsson, Managing Director of SWECO VIAK. 

Stockholm Vatten Byggprojekt AB is part of the Stockholm Vatten group, which is
owned by the City of Stockholm.

The acquisition is conditional and will be approved by the board of Stockholm
Vatten and the Stockholm Municipal Council.


For more information contact:
Bo Carlsson, Managing Director of SWECO VIAK, +46 8 695 63 03, +46 734 12 63 03,
bo.carlsson@sweco.se
Gösta Lindh, Managing Director of Stockholm Vatten AB, +46 8 522 120 10,
gosta.lindh@stockholmvatten.se

SWECO is the Nordic region's leading provider of consulting services with
combined expertise in engineering, environmental technology and architecture.
SWECO has around 4,900 employees in ten countries and recorded annual sales of
around SEK 3.9 billion in 2006. The company has projects currently underway in
some 75 countries worldwide. The SWECO share is quoted on the Stockholm Stock
Exchange. SWECO is a member of OMX Nordic Exchange in Stockholm.

This is the type of information that SWECO may be obligated to disclose in
accordance with the Swedish Securities Exchange and Clearing Operations Act
and/or the Financial Instruments Trading Act.

Attachments

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