Ratos completes offer for Atle

On 19 February this year, Ratos and the British company 3i made an offer for all the shares in Atle. Since the offer has been accepted by approximately 97% of Atle's shareholders, all the conditions for the offer have been met.

New holdings
Arcorus - Hydraulic systems, 49%
DIAB - Sandwich constructions, 48%
Gadelius - Engineering-oriented Japanese trading house, 50%
Haendig - Distributor of construction, iron and industrial products, 49%
Haglöfs - Outdoor clothing and equipment, 100%
Hilding Anders - Bedding products and solutions, 28%
HL Display - Products for retail display, 29%
Intervect (former Alimak + Hek Int) - Transport equipment, 50%
Kronans Droghandel - Pharmaceuticals distributor, 49%
Martinsson Gruppen - IT consultants, 50%
Programmera - IT consultants, 46%
Sweden On Line - Cable television operator, 50%

In addition, Ratos will acquire a so-called "joint portfolio" containing some 20 small companies from Atle.

The new holdings will be consolidated in the Ratos Group as from 1 May, 2001.

Additional information about the Atle offer can be found in the joint press release from Ratos and 3i.

For further information, please contact:
Arne Karlsson, CEO of Ratos, telephone +46 8 700 17 00
Clara Bolinder-Lundberg, Head of Corporate Communications at Ratos,
telephone +46 8 700 17 49

About Us

Ratos is an investment company that develops unlisted medium-sized companies based in the Nordic region. As an active owner, the goal is to contribute to long-term, sustainable development of the companies. Ratos is listed and invests capital from its own balance sheet and thus has a flexible ownership horizon. Ratos's 12 companies are divided into three business areas; Construction & Services, Consumer & Technology and Industry. In total, the companies employ approximately 12,300 employees.

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