Munters acquires Västgöta Torkteknik AB

Munters acquires Västgöta Torkteknik AB 

Munters acquires Västgöta Torkteknik AB and further strengthens its position as
leading service provider within water damage restoration in Sweden. Information
on the transaction is not considered price sensitive.   

Västgöta Torkteknik is in the moisture and water damage business, with a net
sales of about SEK 4 million 2007. The company was established 14 years ago and
has four employees. They are based in Skövde, Sweden, and they cover the whole
Skaraborg County.
“The acquisition strengthens our position as a nationwide company in our core
business moisture and water damage restoration”, says Lars Kåredal, Managing
Director of Munters Torkteknik AB.

“Munters has a strong market position and a reconized expertise in this sector
which guarantees a successful future together”, says Tomas Fors, Managing
Director of Västgöta Torkteknik AB.

All employees will transfer to Munters, and the business will continue under the
name Munters Torkteknik AB. The acquisition is estimated to have no or marginal
impact on Munters result.

Kista, July 9 2008


For further information, please contact:
Lars Engström, CEO Tel: +46 8 626 63 03 Mob: +46 70 228 85 19
Jonas Samuelson, CFO Tel: +46 8 626 63 06 Mob: +46 70 626 63 79
Andreas Olofsson, VP Corp. Communication Tel: +46 8 626 54 08 Mob: +46 703 518
400


Munters is a global leader in energy efficient air treatment solutions and
restoration services based on expertise in humidity and climate control
technologies. Customers are served in a wide range of segments, the most
important being insurance-, utilities-, food-, pharma- and electronics-
industries. Manufacturing and sales are carried out via the Group's own
companies in more than 30 countries. The Group has close to 4,300 employees and
net sales of about SEK 6.3 billion. The Munters share is listed on OMX Nordic
Exchange Stockholm, Mid Cap. For more information see www.munters.communters.com