Bure sells holding in Energo


Bure sells holding in Energo

Bure has today concluded an agreement to sell its shares in the
consulting engineering firm Energo to ÅF. The transaction is conditional
on approval by the Swedish Competition Authority.

Bure sells its holding of 94.5 per cent of the shares of Energo to ÅF AB
for the preliminary amount of SEK 230m. Admission is expected to take
place as soon as the Swedish Competition Authority has approved the
deal, expected within 25 days. The preliminary exit gain in the parent
company amounts to SEK 125m.

"We are very proud of the developments Energo shown during the time that
Bure was the principal owner and we are pleased with ÅF as buyers," says
Mr. Tigerschiöld, CEO of Bure

Bure's investment in the installation consulting firm Retea was made in
2001 and the merger with Energo took place in 2006. The group was later
supplemented with operations in southern Sweden through the acquisition
of CLC in 2008. Energo currently has around 270 employees, mainly in
three offices in Stockholm, Malmö and Helsingborg. The company provides
engineering consultancy in the fields of Energy & Electric power,
Building service systems and ICT (Information & Communication
Technology).  

Bure Equity AB (publ)

For additional information, please contact:

Patrik Tigerschiöld
Tel. 08 - 614 00 20

Andreas Berglin, CFO
Tel. 08- 614 00 20
Bure is a listed investment company with ownership interest in Nordic
companies. The portfolio consists of 15 portfolio companies, of which
three are listed holdings. 

The information contained herein is subject to the disclosure
requirements of Bure Equity AB under the Swedish Securities Market Act.
This information has been publicly communicated on November 25th, 2010,
at 09:30 CET.


Attachments

11252049.pdf