Gunnebo strengthens the platform for entrance control in Africa through the acquisition of Alltech in South Africa

Gunnebo strengthens the platform for entrance control in Africa through
the acquisition of Alltech in South Africa

Gunnebo security group has acquired Alltech, South Africa's market
leader within entrance control. The acquisition strengthens Gunnebo's
platform from which to develop and leverage its world leading Entrance
Control offer to all African markets.

Johannesburg-based Alltech was founded in 1999, has an annual turnover
of MEUR 3,7 and 28 employees. The company primarily develops,
manufactures, sells and installs full and part height turnstiles, spike
barriers and boom barriers.

“With the acquisition of Alltech we get a profitable platform to
continue the expansion of our entrance control business into the growth
markets in Africa”, says Martin Houseman, Regional Director Gunnebo
Africa and Middle East. “Alltech's product portfiolio also supplements
Gunnebo's strong and world-leading offer within entrance control. Thus,
the acquisition will combine to strengthen the Group's global business”.

The integration of Alltech is planned to be completed during 2011 and
the acquisition is expected to give a positive contribution in the
fourth quarter of 2011.

GUNNEBO AB (publ)
Group Communications

For further information, please contact:
Tomas Wängberg, SVP Developing Businesses, tel. +46 10 2095 030, or
Martin Houseman, Regional Director Gunnebo Africa and Middle East, tel.
+27 82 319 1606, or
Karin Wallström, Communication Manager Gunnebo AB, tel. +46 10 2095 026,
or e-mail karin.wallstrom@gunnebo.com (karin.wallstrom@gunnebo.com)

www.gunnebo.com

Gunnebo discloses the information provided herein pursuant to the
Swedish Securities Markets Act and/or the Financial Instruments Trading
Act. The information was submitted for publication at 08.01 on August
18, 2011.