New acquisition strengthens Nederman's market presence within the vehicle workshop segment Nederman have acquired the automotive part of Assalub, a company that amongst other things manufactures and markets equipment for the effective handling of lubricants. Through the acquisition, Nederman strengthens its market presence within vehicle workshops, which are one of the company's core segments. Nederman takes over Assalub´s Swedish and Danish sales- and after marketing organization within the effective handling of lubricants and service fluids segment for vehicle workshops. The turnover in Nederman is calculated to increase with SEK 25 million per year. The acquisition will have a marginally positive effect on Nederman's earnings in 2008 For more information: Sven Kristensson, CEO, Nederman. Tel +46 42 188700, e-mail: sven.kristensson@nederman.se or Anders Agering, CFO Nederman. Tel. + 46 42 188700, e-mail: anders.agering@nederman.se Facts about Nederman Nederman, one of the world's leading environment technology companies, develops, produces and markets its own products and systems for the extraction of dust, smoke, vehicle exhaust fumes and equipment for industrial cleaning. These are based on vacuum technology covering the entire scale from high vacuum to middle and low vacuum. Nederman also produces and sells a comprehensive range of hose and cable reels for water, air, oil and other media. Nederman's systems contribute in many ways to creating clean, efficient and safe workplaces around the world. The company's commitments to customers include everything from pre-studies and project work to installation, operational start-up and service. Manufacturing is certified according to ISO 9001 and ISO 14000. The company has production and assembly units in Sweden, Norway and Canada. Nederman's products and systems are marketed via its own subsidiaries in 24 countries and via agents and distributors in more than 50 countries. The Group has around 700 employees. For more information about the company, go to Nederman's website www.nederman.com Nederman Holding AB (publ), P.O. Box 602, SE-251 06 Helsingborg, Sweden. Corporate registration number: 556576-4205
New acquisition strengthens Nederman's market presence within the vehicle workshop segment
| Source: Nederman Holding AB