Gunnebo is planning to close its Kempston (UK) manufacturing facility

Gunnebo is planning to close its Kempston (UK) manufacturing facility

As previously announced, the Gunnebo Security Group is within the action program
“Get It Right” planning to implement a number of restructuring measures, with
the aim of gradually reducing its costs by MSEK 500 up to 2012 and strengthening
its market positions.

The restructuring measures partly entail streamlining the Group's industrial
platform and this process has been initiated at the operational plant in
Kempston/Bedford, UK. A period of consultation with all interested parties has
begun, to discuss the plant's closure, an action that would result in the loss
of employment for 21 employees. 

Gunnebo currently produces from this factory a wide range of high performance
security products; this includes steel, wooden and prison security doors,
modular walling, screens, partitions, counters and transfer solutions. Group
operations will not lose the revenue generated from these product sales as
subsequent to the proposed closure, the product portfolio will be transferred to
other production units within Gunnebo in the UK.

If the Group is to strengthen its market positions and increase competitiveness
changes like this is unfortunately necessary. It is always regrettable to plan
measures that affect employees negatively,” says Tomas Wängberg, SvP Operations
Gunnebo AB.


GUNNEBO AB (publ)
Group Communications

For further information, please contact:
Tomas Wängberg, SvP Operations Gunnebo AB, tel. +46 (0)31-83 68 12 or
Karin Wallström, Group Communication Manager Gunnebo AB, tel. +46 (0)31-83 68
06, 
mobile: +46 (0)708-28 33 39, or e-mail: karin.wallstrom@gunnebo.com 

www.gunnebo.com 

Gunnebo may be required to disclose the information provided herein pursuant to
the Swedish Securities Markets Act. The information was submitted for
publication at 11.06 CET on 11 February 2010.

Gunnebo security group has an annual turnover of MEUR 640 and 6,000 employees.
We are suppliers of integrated security solutions for bank, retail and sites in
need of high security protection. Our experience and presence make your world
safer.