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