Husqvarna Group acquires smart garden specialist Koubachi

Effective July 15, 2015, Husqvarna Group acquires Koubachi AG, a pioneer and
leader in the area of smart gardening based in Switzerland. The acquisition
brings extensive experience and competence from Internet of Things and home
automation technology within gardening and plant care, strengthening the Gardena
Division’s positions in this field substantially.
Koubachi’s competence team including its founder Dr Philipp Bolliger will join
Gardena Division. The office in Zurich will be continued as an innovation and
development site for Gardena.

Koubachi – the Internet of Things in gardening
Koubachi has emerged from scientific work at ETH Zurich. The current product
portfolio mainly consists of a cloud based plant care system which includes
sensors and mobile apps along with an extensive plant library and unique
algorithms to make plant care better and easier.

“The acquisition will increase and accelerate the value of Gardena’s own smart
garden concept which will be launched starting in 2016. This concept connects
automatic watering and robotic lawn mowing in a unique way, and is managed by a
smart phone application. Joining forces with the Koubachi team will consolidate
our leadership position within gardening,” says Sascha Menges, President Gardena
Division, Husqvarna Group.

The above information has been made public in accordance with the Securities
Market Act and/or the Financial Instruments Trading Act. It was released for
publication at 14:00 CET on July 15, 2015.
For additional information, please contact
46 8 738 90 80 or press@husqvarnagroup.com
Husqvarna Group
Husqvarna Group is a world leading producer of outdoor power products including
chainsaws, trimmers, robotic lawn mowers and garden tractors. The Group is also
the European leader in garden watering products and a world leader in cutting
equipment and diamond tools for the construction and stone industries. The
Group’s products and solutions are sold under brands including Husqvarna,
Gardena, McCulloch, Poulan Pro, Weed Eater, Flymo, Zenoah and Diamant Boart via
dealers and retailers to end-customers in more than 100 countries. Net sales in
2014 amounted to SEK 33 billion, and the Group had more than 14,000 employees in
40 countries.