ACQUISITION OF WORKSHOP IN HAMMARBY WILL NOT TAKE PLACE


ACQUISITION OF WORKSHOP IN HAMMARBY WILL NOT TAKE PLACE

A press release dated 1 March 2011 announced that an agreement had been reached with AB Wilhelm Kindwall to acquire the company’s workshop business in Hammarby and take possession in April 2011. The agreement was conditional on the approval of the parties’ boards of directors. The acquisition will not take place due to the fact that the seller’s board of directors did not approve it.

 

Gothenburg, 23 March 2011

Bilia AB (publ)

 

For further information, please contact Jan Pettersson, Managing Director and CEO, or

Gunnar Blomkvist, Chief Financial Officer, Bilia AB, tel. +46 31 709 55 00.

 

The above information is disclosed in accordance with the Securities Market Act and/or the Financial Instruments Trading Act. The information was submitted for publication on 23 March 2011 at 15:25

a.m.

 


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