AB Handel och Industri sells Plastal Industri AB


Handelsbanken’s AB Handel och Industri subsidiary has signed an agreement and
sold all its shares in Plastal Industri AB, the parent company of the Plastal
Group. The purchaser is the Canadian Plasman Group.

With this transaction, Handelsbanken has recovered the total claims that were
outstanding when the former Plastal Group went into bankruptcy. The transaction
will have only a marginal effect on Handelsbanken’s profits and financial
position.

“This is a good conclusion to Handelsbanken’s involvement in Plastal. The
company  will be part of a strong industrial group where the company can
continue to develop its business,” says Magnus Sternbrink, Chief Executive of AB
Handel och Industri.

Plastal manufactures injection-moulded and painted plastic parts for the
automotive industry. The company has four plants: two in Sweden, one in Norway
and one in Belgium. The Plasman Group is a supplier of products such as
injection-moulded and painted plastic to the automotive sector. The Group is
based in Windsor, Canada, and has a total of eleven plants in Canada, the US and
Mexico.

For further information, please contact:
Magnus Sternbrink, Chief Executive, AB Handel och Industri, +46 8 701 5261,
+46 70 233 5261
Mikael Hallåker, Head of Investor Relations, +46 (0) 08 – 701 2995,
+46 70 266 2995

This information is of the type which Handelsbanken is obliged to make public
according to the Swedish Securities Market Act. The information was submitted
for publication on 26 May 2016 at 08.00 CET. For more information about
Handelsbanken, see: www.handelsbanken.com (http://www.handelsbanken.se/)

Pièces jointes

05257764.pdf