GOTEBORG, Sweden, March 28, 2002 (PRIMEZONE) -- Bure is exercising its option to acquire an additional 18 per cent of the shares of Systeam AB. As a result, Bure's shareholding amounts to 48 per cent of votes and capital.
The parties have also entered into an option agreement which gives Bure the right to acquire an additional three per cent of the shares of Systeam.
Systeam is a hub company* in Bure's investment area, IT Solutions & Services. In 2001, the company reported sales of SEK 953M and operating profit before goodwill amortisation and items affecting comparability of SEK 51M.
The objective of Bure's investment and financing is to secure an attractive acquisition and growth strategy for Systeam, www.systeam.se.
* A company which will form the base - "the hub" for Bure's continued investments within a sector or a niche. The company aims to achieve a strong market-leading position through business development and acquisition.
Bure, a growth and knowledge company within private equity.
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