Lindab now controls 96.7% of the shares of Centrum Klima after acquiring 44.93% of the shares in the tender offer announced on 2 May 2012. Prior to the tender offer, on 30 April 2012, Lindab signed and completed the agreement with the main shareholders of Centrum Klima, acquiring 51.8% of the shares in the company.
Lindab's President and CEO, David Brodetsky, commented: "We are very pleased that the tender offer has been successful. The acquisition of 96.7% of the shares of Centrum Klima means that we can take the next steps toward acquiring 100% control over the company and delisting its shares from the Warsaw Stock Exchange. This will facilitate achieving the planned synergies."
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| The information here is that which Lindab International AB has willingly chosen to make public or that which it is obliged to make public according to the Swedish Securities Market Act and/or the Financial Instruments Trading Act. |
Contacts:
LINDAB
David Brodetsky, CEO
Email: david.brodetsky@lindab.com
Mobile: +46 (0)73 274 5418
Lindab - A Ventilation and Building Products company:
Lindab develops, manufactures, markets and distributes products and system solutions primarily in steel for simplified construction and improved indoor climate.
The business is carried out within three business areas, Ventilation, Building Components and Building Systems. The products are characterised by their high quality, ease of assembly, energy efficiency, consideration towards the environment, and are delivered with high levels of service. Altogether, this increases customer value.
The Group had sales revenue of SEK 6,878 m in 2011, was established in 31 countries and had approximately 4,300 employees. The main market is non-residential construction, which accounts for 80 percent of sales, while residential accounts for 20 percent of sales. During 2011, the Nordic market accounted for 46 percent, CEE/CIS (Central and Eastern Europe as well as other former Soviet states) for 23 percent, Western Europe for 28 percent and other markets for 3 percent of total sales.
The share is listed on the Nasdaq OMX Nordic Exchange, Stockholm, Mid Cap. For more information visit www.lindabgroup.com