Elanders expands its capacity and customer base in Germany by acquiring Mairs Graphische Betriebe



Elanders follows up its success with last year's acquisition of
Sommer Corporate Media in Stuttgart by acquiring 100 percent of the
shares in Mairs Graphische Betriebe GmbH & Co KG (MGB) in Ostfildern,
Stuttgart, Germany. MGB has 60 employees and a turnover of around
MEUR 15. The company is currently owned by Mair Dumont which is the
leading publisher of maps and travel books in Europe, with brands
such as Falk, Marco Polo, Baedeker and Hallwag. Approximately a
fourth of turnover in the company is derived from Mair Dumont and the
rest from external customers such as BMW, V.A.G., Bosch and Daimler.
MGB is a well invested business and its main production method is
offset print in large format.

This acquisition increases Elanders production capacity, which thanks
to Sommer Corporate Media's success has been diminishing in Germany.
The Group also gains access to large format production in sheet-fed
offset, which is a clear production trend within the graphic industry
in Germany. In addition, Elanders broadens its customer base in
Germany, particularly in the strategically important segment
Automotive.

MGB will be integrated into Sommer Corporate Media and become part of
Elanders business area Infologistics. Peter Sommer, who is the MD in
Sommer Corporate Media and also a member of Executive Management,
will be responsible for new German unit.

The purchase price is estimated at MEUR 2.8, including the transfer
of a financial leasing contract of MEUR 1.6. No group surplus value
is expected to be generated in connection with the acquisition.

MGB should be consolidated into Elanders' accounts from June 2008.
Elanders does not expect the acquisition to have any noticeable
effect on earnings per share for 2008 but the business will
contribute positively to profits starting in 2009.

Elanders AB (publ)

Patrick Holm
President and Chief Executive Officer


For further information please contact:

Patrick Holm, President and CEO tel: +46 (0) 31-750 07 50, mobile:
+46 (0) 70- 821 0410

Mats Almgren, Chief Financial Office tel: +46 (0) 31-750 07 60,
mobile: +46 (0) 70- 518 1936

or visit websites: www.sommer-corporate-media.de and www.elanders.com

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