New acquisition strengthens Nederman’s market presence within the vehicle workshop segment

Nederman have acquired the automotive part of Assalub, a company that amongst other things manufactures and markets equipment for the effective handling of lubricants.

Through the acquisition, Nederman strengthens its market presence within vehicle workshops, which are one of the company’s core segments.

Nederman takes over Assalub´s Swedish and Danish sales- and after marketing organization within the effective handling of lubricants and service fluids segment for vehicle workshops.

The turnover in Nederman is calculated to increase with SEK 25 million per year.
The acquisition will have a marginally positive effect on Nederman’s earnings in 2008