Beijer Electronics signs agreement with UTU for sale of the Finnish business

In accordance with the Letter of Intent that was communicated September 9, 2015,
Beijer Electronics announces that today, November 24, 2015, the parties have
signed an agreement for sale of the Finnish business. The deal will be closed at
year-end.
The divestment of the Finnish business is a result of the strategy to focus on
the IAS business area as a state of the art HMI supplier.

Going forward, UTU will be a supplier of Beijer Electronics’ HMI products, as
well as a number of other brands, in Finland.

The divestment will have no or limited impact on Beijer Electronics’ financial
result in 2015 and 2016.

“The divestment of the Finnish business is in line with the strategy to focus
the business on sales of own products. We are looking forward to a close
cooperation with UTU in the future”, says Per Samuelsson, President and CEO of
Beijer Electronics AB.
For more information please contact:

President and CEO, Per Samuelsson, tel 46 (0)40 35 86 10, mobile 46 (0)708 58 54
40
Acting CFO, Joakim Nideborn, tel 46 (0)40 35 84 49, mobile 46 (0) 707 72 29 83
Beijer Electronics is a fast growing technology company with extensive
experience of industrial automation and data communication. The company develops
and markets competitive products and solutions that focus on the user. Since its
start-up in 1981, Beijer Electronics has evolved into a multinational group
present in 19 countries and sales of 1,402 MSEK 2014. The company is listed on
the NASDAQ OMX Nordic Stockholm Small Cap list under the ticker BELE.
www.beijerelectronics.se