Nederman acquires environmental technology company, Arboga-Darenth

Nederman has acquired Arboga-Darenth, a company based in Arboga, Sweden.
Arboga-Darenth manufactures and markets products and systems that economically and in an eco-friendly way handle, transport and recycle metal waste and cutting fluids in the industry.
Customers are mainly active in the metal-processing industry, a customer segment handled by Nederman’s Extraction & Filter Systems business area.

Arboga-Darenth reported sales of SEK 75 million in 2007.
The current owner, Håkan Bråtegren, will remain in the business after the sale.

Sven Kristensson, CEO Nederman Holding AB (publ):
”This acquisition is in line with Nederman’s strategy of growth within existing customer segments. It enables us to offer existing customers a wider range within the working environment sector. The metal processing industry is a core segment for Nederman. Arboga-Darenth gives Nederman a number of well-established products and systems that complement our existing range in an excellent way.”

Arboga-Darenth has its head office in Arboga and around 45 employees. The company has production units in Sweden and the UK. Sales are made via the company’s own sales offices in Sweden, France and the UK, and via distributors on a further 30 markets.

The acquisition will have a marginally positive effect on Nederman’s earnings in 2008.

For more information: Sven Kristensson, CEO, Nederman. Tel +46 42 188700,
e-mail: sven.kristensson@nederman.se or Anders Agering, CFO Nederman.
Tel. + 46 42 188700, e-mail: anders.agering@nederman.se

For more information about the company, go to Nederman’s website www.nederman.com
Nederman Holding AB (publ), P.O. Box 602, SE-251 06 Helsingborg, Sweden.
Corporate registration number: 556576-4205

About Us

Nederman is one of the world's leading companies supplying products and solutions in the environmental technology sector focusing on industrial air filtration. The company's products and solutions contribute to reducing the environmental impact, create safe and clean working environments and improve production efficiency. Nederman offers complete solutions, including engineering and design, commissioning, installation, training and aftermarket. Sales are managed through the Group’s own sales offices and distributors in over 50 countries. Production is performed in 12 countries on five continents. The Group is listed on Nasdaq OMX, Stockholm and has around 1,900 employees. Nederman Holding AB (publ), P.O. Box 602, SE-251 06 Helsingborg, Sweden. Corporate registration number: 556576-4205

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