Lagercrantz acquires El-produkter AS

| Source: Lagercrantz Group AB
El-produkter designs, markets and sells LED-lighting including, inter alia,
lighting design support. The products are sold under its own brand for the
professional installer market in Norway. The company is headquartered in
Ullsteinvik and has aggregate annual sales of over MNOK 50 with good

“For several years El-produkter has displayed a powerful offering to the
installer market in Norway and in recent years has successfully introduced LED
-products to their customers. Together with our existing companies within the
lighting and lighting control services industry, we will now be getting a
stronger offering for a growing industry”, says Jörgen Wigh, President & CEO of
Lagercrantz Group, in a comment.

Hallbjørn Leirvik, President and part-owner of El-produkter: “With Lagercrantz
as owner we get a financially strong owner with a long-term outlook, which means
that we will be able to continue developing and expanding the company. We are
looking forward to the possibility to develop the company further within the
Lagercrantz Group.”

El-produkter will become part of Lagercrantz Group’s division Electronics. The
deal is expected to close during December 2013, after obtaining approval from,
among others, the Norwegian competition authority. The acquisition is expected
to generate a small positive contribution to consolidated earnings per share on
an annual basis.

Stockholm, 3 December 2013

Lagercrantz Group AB (publ)
For additional information, contact:

Jörgen Wigh, President & CEO, Lagercrantz Group AB, telephone +46 70 569 5477
Ulf Gladh, Vice President Electronics, Lagercrantz Group AB, telephone +46 70
673 0727
This information is being published in accordance with the Securities Markets
Act, the Act on Trading in Financial Instruments or the regulations of NASDAQ
OMX Stockholm. The information herein was provided for publication at 12:00,
3 December 2013.

  Lagercrantz Group is a technology group that offers world-leading, value
-creating technology, using either proprietary products or products from leading
suppliers. The group is comprised of more than 30 companies, each with a focus
on a specific sub-market – a niche. A high value-creation is common to all the
subsidiaries, including a high degree of customisation, support, service and
other services.
  Lagercrantz Group is active in seven countries in Northern Europe, and in
China. The Group has approximately 1000 employees and annual revenue of
approximately MSEK 2,500. The Company is listed on NASDAQ OMX Stockholm since