Lagercrantz acquires CAD Kompagniet A/S

Lagercrantz has today concluded an agreement to acquire all shares outstanding in Danish company CAD Kompagniet A/S. CAD Kompagniet conducts consulting business in the CAD area (computer-aided design) and will work together with the software business in this area that Lagercrantz currently operates in its Communications division. CAD Kompagniet had 2007 revenue of almost MDKK 30 with good profitability. The company’s head office is located in central Copenhagen and since 2007 there is also a branch office in Jutland.

Jörgen Wigh, President and CEO of Lagercrantz Group, comments on the acquisition:
"CAD Kompagniet is a profitable and interesting addition to our software operations in Denmark and Norway. It strengthens our position further and the company is afforded enhanced opportunities of expansion, in Denmark as well as neighbouring Nordic countries. CAD Kompagniet has a distinct niche focus and is well established on the Danish market since 1986."

CAD Kompagniet will be an independent business unit in division Communications from 1 April 2008. The acquisition is expected to generate a small positive increment to the Group’s earnings per share during the April – March 2008/09 financial year.

Stockholm, 31 March 2008

Lagercrantz Group AB (publ)
For further information, contact:
Jörgen Wigh, President & CEO, Lagercrantz Group, telephone +46 8 700 66 70.
Niklas Enmark, CFO, Lagercrantz Group, telephone +46 8 700 66 70.
See also www.lagercrantz.com and www.cadkompagniet.dk