Geveko divests its Marking Spray operation in Gothenburg, Sweden



Geveko has signed an agreement regarding the divestment of its
Marking Spray  operation, part of the subsidiary Geveko Industri AB
in Gothenburg, Sweden.

The Marking Spray operation will be acquired by the French company
SIM SAS. Through its ownership in companies with marking spray
activities throughout Europe, SIM is a leading player in the
industry. In addition to the business and related assets, including
the Mercalin brand, the acquisition also comprises the transfer of
certain employees in Sweden as well as the employees in the Marking
Spray operation's sales company in Holland, a subsidiary of Geveko
Industri AB.

The transaction will be completed during the first half-year 2009 and
will only have marginal impact on the Geveko group's result. The
turnover of the Marking Spray operation amounted to SKr 22 million in
2008."Two weeks ago Geveko informed about the divestment of the Corrosion
Protection operation. The sale of the Marking Spray as well as the
Corrosion Protection operations forms part of the strategy to
concentrate Geveko's business to the Road Marking area, where Geveko
has attained a leading position in Europe", says Hans Ljungkvist,
Managing Director.

Gothenburg, Sweden April 3, 2009
AB GEVEKO (plc)


For further information
Hans Ljungkvist
CEO and Managing Director
Phone +46 31 172945, Mobile  0705 371110


AB GEVEKO (plc) Reg. no.: 556024-6844
Box 2137, 403 13 Göteborg, Sweden, Phone +46 31 172945,
info@geveko.se  www.geveko.se

Attachments

Press release PDF.pdf