Gunnebo's divestment of Perimeter Protection business finalized Gunnebo Security Group has finalized the divestment of the business within Perimeter Protection to Procuritas Capital Investors IV. Gunnebo Security Group has finalized the divestment of the business within Perimeter Protection to Procuritas Capital Investors IV. On July 26, 2011, Gunnebo announced that the company had signed an agreement with Procuritas Capital Investors IV regarding divestment of the business within Perimeter Protection. All conditions related to the divestment have been fulfilled and the transaction is now finalized. The purchase sum is based upon an Enterprise Value of MEUR 22*. Gunnebo remains with a ten-percentage ownership and financing of MEUR 10, whereof MEUR 6 is long-term. The transaction is estimated to have a marginal effect on the Group's capital gain/loss. Perimeter Protection has 400 employees and annual net sales of approximately MEUR 70. The operations primarily entail the production and sale of, and projects relating to, high security products, gates, fencing, posts and related service in Germany, France, Sweden, Norway, Denmark, Finland and a number of export markets. *The purchase sum is dependent on a final calculation of financial net debt GUNNEBO AB (publ) Group Communications For further information, please contact: Tomas Wängberg, SVP Developing Businesses Gunnebo AB, tel +46 10 2095 030, or Karin Wallström, Communication & IR Director Gunnebo AB, tel. +46 10 2095 026, or e-mail: karin.wallstrom@gunnebo.com (karin.wallstrom@gunnebo.com) www.gunnebo.com The information is such that Gunnebo is obliged to make it public in accordance with the Swedish Securities Market Act and/or the Swedish Financial Instruments Trading Act. The information was submitted for publication on September 15, 2011 at 09.37 CET.
Gunnebo's divestment of Perimeter Protection business finalized
| Source: Gunnebo AB