Beijer Electronics has today acquired a minority stake in Altus Sistemas de Automação S.A. from Brazil

Beijer Electronics has strengthened its cooperation with the Brazilian
automation company Altus. Beijer Electronics has, since 2004, had a distributor
partnership through which Altus marketed Beijer Electronics products in the
Brazilian market.
Altus Sistemas de Automação S.A. is a high technology company with a strong
position in the field of automation products and solutions for industrial
automation and process control. Altus Sistemas de Automação S.A.’s main focus is
on control systems and the company is well recognised for its competence in the
area of high-end PLC control. Altus Sistemas de Automação S.A. is head¬quartered
in São Leopoldo, Rio Grande do Sul, and has sales offices in nine cities in
Brazil. The company was founded in 1982 and today has more than 300 employees
and sales in 2012 of approximately 52 MUSD.

Beijer Electronics acquired a 15% minority stake in Altus Sistemas de Automação
S.A. with an option to increase to 49% ownership.

The strengthening of the partnership through this  new agreement will give
Beijer Electronics:

- access to state of the art powerful control systems
- expertise in industrial sectors such as oil & gas and energy production
- a strong platform for the sale of Beijer Electronics’ offering in South
America
- opportunity to drive the development of new control products for the global
market

“The two companies have a strong complementary fit as regards the product,
technological, geographical and industrial dimensions. Through this alliance,
Beijer Electronics will gain an excellent degree of access to the Brazilian
market and also supply of high technology control products for the global
market. In line with Beijer Electronics strategic approach, Altus also invests a
lot in product technologies and as a result, synergies are expected within the
product development of control systems as well as operator panels.” says Fredrik
Jönsson, CEO, Beijer Electronics.
For more information please contact:
President and CEO, Fredrik Jönsson, tel 46 (0)40 35 86 10, mobile 46 (0)705 17
16 26
CFO, Anna Belfrage, tel 46 (0)40 35 86 53, mobile 46 (0)706 35 86 53
Beijer Electronics is a fast growing technology company with extensive
experience of industrial automation and data communication. The company develops
and markets competitive products and solutions that focus on the user. Since its
start-up in 1981, Beijer Electronics has evolved into a multinational group
present in 21 countries and sales of 1,367 MSEK 2012. The company is listed on
the NASDAQ OMX Nordic Stockholm Small Cap list under the ticker BELE.
www.beijerelectronics.se