TA Hydronics to implement IFS Applications in Sweden and Germany

TA Hydronics to implement IFS Applications in Sweden and Germany

TA Hydronics, the leading global provider of Hydronic distribution
systems, has signed an agreement to implement IFS Applications. The
agreement is an important step in the company's efforts to streamline
manufacturing and sales processes within its corporate and subsidiary
organizations. The agreement includes licenses and services worth over
Skr 10 million.

TA Hydronics, which is part of the UK-based IMI Group, is a world leader
in the field of energy-efficient Hydronic distribution systems and room
temperature control. The company integrates specialized product
portfolios and knowledge of the brands TA, Heimeier, Pneumatex, and FDI.
TA Hydronics with subsidiaries have been IFS customers since 1989 and is
currently using IFS Applications for critical processes such as
manufacturing, warehouse and sales management. The company will now
extend its use of IFS Applications across Sweden, Germany and
Switzerland.

By implementing IFS Applications across the organization, TA Hydronics
will secure full support for business-critical processes such as
multi-site planning, contract manufacturing and warehouse management,
thereby enabling the company to consolidate large parts of its business
functions.

“We selected IFS Applications as our corporate ERP system to standardize
business processes among our subsidiaries. IFS Applications meets our
needs for a groupwide ERP solution and offers us a platform for the
company's future growth,” Gunilla Andersson, CFO at TA Hydronics said.

“We are pleased to extend our relationship with TA Hydronics. IFS has
extensive experience in delivering centralized best-practice solutions
to companies within the contract manufacturing segment and we look
forward to be a part of TA Hydronics' future success, Glenn Arnesen,
CEO, IFS Scandinavia said.

IFS Applications will support the company by centralizing business
processes into one database, by optimizing production resources, and
provide efficient manufacturing processes for the company's subsidiary
contract manufacturers.

Contact Information
Anne Vandbakk
Telefon: 46 8 58 78 45 00
Corporate Communications Director
anne.vandbakk@ifsworld.com (anne.vandbakk@ifsworld.com)

Frédéric Guigues
Telefon: 46 8 58 78 45 00
Investor Relations
frederic.guigues@ifsworld.com (frederic.guigues@ifsworld.com)