Divestment of Gnosjö-Gruppen

Divestment of Gnosjö-Gruppen After receiving the consent of the Swedish and German Competition Authorities, Gunnebo has now implemented the first stage in its divestment of Gnosjö-Gruppen. Buyer is the Dutch company, Schuttersveld N.V. Schuttersveld N.V today acquired 50 per cent of the shares in Gnosjö- Gruppen. The remaining 50 per cent will be acquired at the beginning of 2001. GUNNEBO AB Information For further information please contact: Bjarne Holmqvist, President and CEO, tel: 031-83 68 00 mobile 0708-40 03 70 or Lennart Gustavsson, Finance, tel: 031-83 68 00 mobile 0705-93 40 80 Gunnebo is one of the Europe's largest manufacturers of security products for perimeter protection and Entrance Control. The Group has an annual turnover of some MSEK 5 000 (Euro 600 million) and some 4 500 employees. ------------------------------------------------------------ Please visit http://www.bit.se for further information The following files are available for download: http://www.bit.se/bitonline/2000/02/09/20000209BIT00500/bit0001.doc http://www.bit.se/bitonline/2000/02/09/20000209BIT00500/bit0002.pdf

About Us

The Gunnebo Group is a global leader in security products, services and solutions with an offering covering cash management, safes and vaults, entrance security and electronic security for banks, retail, mass transit, public & commercial buildings and industrial & high-risk sites. The Group has an annual turnover of MSEK 6,100, employs 5,600 people and has sales companies in 28 countries across Europe, Middle East & Africa, Asia-Pacific and the Americas as well as Channel Partners on over 100 additional markets. We make your world safer.

Subscribe