Lagercrantz Group acquires Svensk Stålinredning

Lagercrantz Group acquires Svensk Stålinredning

Lagercrantz Group has today entered into an agreement to acquire the
business in Svensk Stålinredning.

Svensk Stålinredning is a niched manufacturer of specially designed
storage solutions for professional environments. Products offered
include proprietary systems, such as Horizon, Vertic and PinPanel.
Customers include resellers and end customers, among them international
retail chains, all with requirements for advanced storage solutions.

Svensk Stålinredning had 2010 sales of approximately MSEK 50 with good
profitability.

”Svensk Stålinredning has displayed an impressive development over the
course of several years. In a systematic way, the company has built a
strong proprietary product portfolio under high profitability. We are
seeing that, together with Håkan Söderberg, we will be able to develop
the business under continued good profitability, says Jörgen Wigh,
President and CEO in Lagercrantz Group.

Håkan Söderberg, President and owner of Svensk Stålinredning: ”With
Lagercrantz as owner we get a long-term owner who shares our vision of
the company's opportunities and strengths, as well as our values. With
that as a foundation I feel confident about the future now that we have
all the parts of the puzzle in place to succeed with the development of
Svensk Stålinredning going forward.”

Svensk Stålinredning will be part of Lagercrantz Group's division
Mechatronics. The closing, which is subject to some approvals, is
expected to take place in the beginning of March 2011.The acquisition is
estimated to provide a small positive increment to the Company's
earnings per share on an annual basis.

So far during the 2010/11 financial year Lagercrantz has acquired
businesses with annual revenue of almost MSEK 300.

Stockholm, 1 March 2011

Lagercrantz Group AB (publ)

For additional information, contact:

Jörgen Wigh, President & CEO, telephone+46 (8) 700 66 70.