Radonova Laboratories AB acquires the radon instruments operations of Gammadata Instrument AB

Lagercrantz Group’s subsidiary Radonova Laboratories AB has today acquired the radon measurement instruments operations of Swedish company Gammadata Instrument AB.

The radon measurement instruments unit of Gammadata Instrument AB is a market leader for providing different types of electronic instruments to measure radon gas concentration in air and in soil. During 2018, the operations has an annual turnover of approximately SEK 3.2 million.

"Through this acquisition, Radonova Laboratories has broadened its range of radon measurement technology. These products also support our internationalization." commented Karl Nilsson, CEO of Radonova Laboratories AB.

Radonova Laboratories AB is the global leader in measuring radon and is part of Lagercrantz Group’s division Communications. The acquisition is expected to have a marginal impact on the Group's earnings per share on an annual basis.

Stockholm, December 21, 2018

Lagercrantz Group AB (publ)

For further information please contact:
Jörgen Wigh, President and CEO, Lagercrantz Group AB, telephone +46 8 700 66 70
Urban Lindskog, Head of Division Communications, Lagercrantz Group AB, telephone +46 76 809 99 00
or visit our website www.lagercrantz.com

The information was submitted for publication on 21 December 2018 at 17:00 CET.

LAGERCRANTZ GROUP IN BRIEF
Lagercrantz Group is a technology group that offers world-leading, value-creating technology, using either proprietary products or products from leading suppliers. The Group is comprised of some 50 companies, each with a focus on a specific sub-market – a niche. High value-creation is common to all the companies, including a high degree of customisation, support, service and other services. Lagercrantz Group is active in nine countries in Northern Europe, in China, India and in the USA. The Group has approximately 1,400 employees and annual revenue of approximately MSEK 3,600. The Company is listed on Nasdaq Stockholm since 2001. www.lagercrantz.com

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