Gunnebo Industrier divests the 3A Byggdelen AB subsidiary


Gunnebo Industrier divests the 3A Byggdelen AB subsidiary

Gunnebo Industrier divests the wholly owned 3A Byggdelen subsidiary to a company
that is owned by three employees of the subsidiary. The purchase price of SEK 3
million is paid in cash.

3A Byggdelen, which was part of the acquisition of Christiania Spigerverk A/S in
Norway in 2007, sells equipment and hand tools to builders in the Stockholm
area. Because the business is relatively small and competes with some of Gunnebo
Industrier's customers, management and the Board believe that divestment of the
Subsidiary is strategically correct. With five employees, the Subsidiary
reported sales of SEK 15.6 million in 2007.

For additional information, feel free to contact:

Christer Lenner, CEO and President, Gunnebo Industrier AB
+46 705 91 03 05, christer.lenner@gunneboindustries.com

Tor Hansen, Chief Financial Officer, Gunnebo Industrier AB
+46 706 72 88 94, tor.hansen@gunneboindustries.com

Tobias Bülow, Director of Group Communications, Gunnebo Industrier AB
+46 703 38 93 10, tobias.bulow@gunneboindustries.com


Gunnebo Industrier AB is an international group of industrial companies that is
active in 15 countries and has around 50 major distributors/agents worldwide.
The group is engaged in the development, manufacture and marketing of chain and
lifting components, fastening systems for the building industry, blocks/systems
for heavy lifting, traction products and telescopic ladders. The business is
conducted through the Fastening, Lifting and Technical Products (which comprises
the Blocks, Telescopics, and Traction Systems business units) business areas.
Gunnebo Industrier markets well-known products in established segments, and
leads in each product and/or market area. Annual turnover amount to about SEK
2.1 billion and the group has 1,530 employees. For more information, see
www.gunneboindustries.com

Attachments

07042055.pdf