B&B TOOLS has acquired 100 percent of the shares outstanding in K Antinluoma Oy. Antinluoma provides industrial companies in Pori and its surrounding areas with tools, personal protection equipment and other industrial consumables, as well as complementary services. Antinluoma is since before a partner of the TOOLS chain, and the acquisition will further strengthen TOOLS' offer to industrial customers in western Finland. Antinluoma has net revenues of approximately MSEK 50 per annum and has 8 employees.
The closing took place 3 April 2007 concurrent with the signing of a share transfer agreement. The acquisition is expected to have a marginally positive effect on B&B TOOLS's earnings per share during the current financial year.
Stockholm, 4 April 2007
B&B TOOLS AB (publ)
For further information, contact: Johan Falk, Executive Vice President, B&B TOOLS AB, telephone +46-8-660 10 30 Mats Karlqvist, Vice President - Investor Relations, B&B TOOLS AB, telephone +46-70-660 31 32
B&B TOOLS provides the industrial and construction sectors in northern Europe with tools, industrial consumables and industrial components, and related services. The Group has annual revenues of approximately SEK 7.3 billion and approximately 2,600 employees.
Bergman & Beving has changed its name to B&B TOOLS.