STOCKHOLM, Sweden, July 1, 2004 (PRIMEZONE) -- Gunnebo, the international security group, has acquired all shares in Hammer Sicherheit AG, Switzerland.
Hammer Sicherheit manufactures and sells security booths and revolving doors and has an annual turnover of some MSEK 35.
Hammer Sicherheit has 17 employees, of whom 14 are placed in Switzerland and 3 are placed in Germany.
Hammer Sicherheit specialises in high-graded security booths and secure revolving doors. The company is one of the leaders on the Swiss market for entrance control systems.
"The acquisition will strengthen our position on the Swiss market and broaden our product range to include high-quality security booths, especially for confined areas," says Bjarne Holmqvist, Gunnebo's President and CEO. "We also foresee production synergies with Gunnebo Entrance Control's other production units."
The acquisition will make a positive contribution to the result as of 2005, but is not expected to affect earnings per share for the current year.
GUNNEBO A B (publ) Information
For further information, please contact: Bjarne Holmqvist, President and CEO of Gunnebo AB; +46 31 83 68 00, mobile +46 708 40 03 70, +46 705 83 64 45, Lars Proos, President of Gunnebo Entrance Control; +46 490 890 00, mobile +46 705 98 91 57, or Janerik Dimming, Director of Information, Gunnebo AB; +46 31 83 68 03, mobile +46 705 83 68 03, or e-mail janerik.dimming@gunnebo.se
Gunnebo is an international fast growing security group with 110 companies located in 32 countries. The Group has sales to a further hundred markets via agents and distributors. Annual turnover amounts to some MEUR 820. Gunnebo's security products mainly include fire and burglar resistant safes, security products for banks and cash handling, electronic security systems, fire protection, entrance control and access control, alarm centres and indoor and outdoor perimeter protection. Gunnebo has at its disposal some of the world's leading brand names in security: Chubbsafes, Fichet-Bauche, Rosengrens, Ritzenthaler, Garny, Leicher and Elkosta.
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http://www.waymaker.net/bitonline/2004/07/01/20040630BIT21750/wkr0010.pdf Gunnebo acquires Swiss Hammer Sicherheit