Industrivärden to sell its shareholding in Elit Fönster AB
Industrivärden to sell its shareholding in Elit Fönster AB Following completed negotiations, an agreement was reached today whereby Myresjö AB will acquire Industrivärden's 50 percent shareholding in Elit Fönster AB. Myresjö, a wholly owned subsidiary of Skanska, will thereafter own all the shares in Elit Fönster. The agreement will be reviewed by the Swedish Competition Authority. Elit Fönster, which is Sweden's largest window manufacturer with estimated sales of more than SEK 500 M in 1996 and approximately 650 employees, will thereafter be a part of Skanska Industri unitof Skanska. Stockholm, December 30, 1996 AB INDUSTRIVÄRDEN For further information, please call: Anders Karlsson, President, Skanska Industri, tel. +46 40 14 42 43, or Carl-Olof By, Executive Vice President, AB Industrivärden. tel. +46 8 666 64 00