OEM International AB acquires Klitsø Processtechnic A/S


OEM International AB acquires Klitsø Processtechnic A/S

OEM International acquires all shares in Klitsø Processtechnic A/S in Denmark
from 10 December 2007. Klitsø Processtechnic A/S sells valves and pneumatics,
substantially to industrial customer in Denmark. The turnover 2007 is amounted
to approximately 70 MDKR. 2006 the turnover was 63 MDKR, the profit before tax
4,7 MDKR and had 24 employees.

- Klitsø is a respected actor and has a strong market position within valves and
pneumatics in Denmark. Through the acquisition OEM gets a stronger platform in
Denmark, says Jörgen Zahlin, CEO OEM International.

The acquisition cost is amounted to approximately 30 MDKR, plus maximally 6 MDKR
in supplementary purchase price.
The acquisition will not have any effect on the Group result for the present
year.


For further information, please contact:
Jörgen Zahlin CEO OEM International, tel. + 46 (0)75-242 40 22.

OEM International AB trades in industrial components and systems. The Group has
business activities in 25 operating units in ten countries and a reported
turnover of SEK 1,450 million in 2006. The Group, headquartered in Tranås,
Sweden, had 562 employees at the turn of the year. OEM International's B-share
is quoted on the Stockholm Small Cap. OEM's financial targets include an annual
growth of 15%, a minimum 20% return on equity and an equity/assets ratio of not
below 35%.

Attachments

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