SKF sells head office building in Göteborg

SKF sells head office building in Göteborg AB SKF has sold the office building in Göteborg that houses the Group's head office. The purchaser is Kungsleden Väst Fastighets AB, a subsidiary of Kungsleden Fastighets AB. The sale price was MSEK 153 and a capital gain of MSEK 133 will be reported in the third quarter. At the same time, SKF signed a ten-year leasing agreement with the purchasing company. The sale is part of the SKF Group's programme to reduce the amount of capital tied up in operations. The office floor space in the property, which was built in 1967, totals nearly 15 000 square meters. Göteborg, September 30, 1999 Aktiebolaget SKF (publ.) For further information, please contact: Lars G Malmer, SKF Group Communication, tel +46-31-3371541, e-mail:Lars.G.Malmer@skf.com Aktiebolaget SKF, SE-415 50 Göteborg, Sweden, tel +46-31-3371000, fax +46-31- 3372832, www.skf.com ------------------------------------------------------------ Please visit http://www.bit.se for further information The following files are available for download: http://www.bit.se/bitonline/1999/09/30/19990930BIT00100/bit0001.doc http://www.bit.se/bitonline/1999/09/30/19990930BIT00100/bit0002.pdf

About Us

SKF is a leading global supplier in the areas of bearings, seals, mechatronics, services and lubrication systems. The Group’s service offer includes technical support, maintenance services, engineering consultancy and training.

Subscribe