TOOLS Momentum, part of the B&B TOOLS Group, entered into an agreement today to acquire all shares in Sjuntorp Industrisupport AB and its subsidiary Jodu Lindareverkstad AB ("Sjuntorp"). Sjuntorp is a comprehensive service company specialising in electromechanical services and sales for the industrial sector and public administration in Trollhättan, Uddevalla, Örebro and Malmö and the surrounding areas. Sjuntorp generates annual revenue of approxi­mately MSEK 25 and has 16 employees.

Sjuntorp currently operates electromechanical works in Trollhättan and Uddevalla. Sjuntorp will become part of the Rörick Group, which was acquired by TOOLS Momentum in August 2008.

"The Rörick Group comprises well-established companies with a high level of expertise and competitive offerings in electromechanical services in a highly attractive market," says Stefan Wigren, President & CEO of B&B TOOLS. "Through the acquisition of Sjuntorp, we are now further strengthening our offering by adding a well-established and successful business with excellent potential for further development of operations."

Closing will occur immediately. The acquisition is expected to have a marginally positive effect on B&B TOOLS' earnings per share during the current financial year.

Stockholm, 16 January 2012

B&B TOOLS AB (publ)

For further information, please contact:
Stefan Wigren, President & CEO, B&B TOOLS AB, telephone +46 10 454 77 00
Mats Karlqvist, Head of 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 industrial consumables, industrial components and related services. The Group has annual revenue of approximately SEK 8.1 billion and approximately 2,900 employees.

This information is disclosed in accordance with the Swedish Securities Markets Act, the Swedish Financial Instruments Trading Act or the regulations for issuers on NASDAQ OMX Stockholm.

B&B TOOLS acquires service company in electromechanics:
http://hugin.info/1026/R/1577886/492104.pdf


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Source: B&B TOOLS AB via Thomson Reuters ONE
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