PRESS RELEASE

REAC concentrates the manufacturing of lift mechanisms and components to the plant in Poland and closes the plant in Herning, Denmark. 14 persons will be made redundant.

The background to the decision is a planned reduction of the production volumes in the plant in Herning in favor of the plant in Poland.

A complete analysis of the production footprint within the group has also been done following the acquisition of the plant in Poland in December last year.

”On the basis of the reduction of production volumes in our plant in Herning and the total possibility to reduce cost for the group this reorganization is a necessity. This will also improve our competitiveness moving forward”, says Mauritz Sahlin, CEO of REAC.

14 employees will be affected and local negotiations are initiated. The plan is to have the factory closed by the end of the year.

Göteborg 20 august 2013

REAC AB
Mauritz Sahlin
CEO

For more information, please contact:
Mauritz Sahlin, VD REAC AB, tel +46 (0) 733 51 603

REAC develops, manufactures and markets actuators and lift/tilt systems to customers within the wheelchair market. The company, with its headquarters in Åmål, has an annual turnover of SEK 200 m and employs 100 persons. REAC is a part of the Latour Industries Group with a total turnover of SEK 1 billion.