Lagercrantz Group acquires Direktronik AB.

Lagercrantz Group acquires Direktronik AB.

Lagercrantz Group AB has today concluded an agreement to acquire all shares
outstanding in Direktronik AB. 

Direktronik is a value-adding importer and reseller of hardware for data and
network communication. The company's business concept is to offer a niched line
of products combined with high technical competence and superior service.
Direktronik has also achieved success with its in-house developed products for
broadband access. The company directs its attention towards a customer group
comprised mainly of Swedish companies, to which its full-line catalogue is
distributed annually. Direktronik AB had sales during the 2005/06 financial year
(September - August) of approximately MSEK 46 with a profit margin before taxes
of about 9 percent. Direktronik is today a family-owned company and the current
owners will remain in the company after the acquisition.
Jörgen Wigh, President & CEO of Lagercrantz Group comments on the acquisition: 
”Direktronik AB is a profitable and interesting addition to Lagercrantz Group.
We feel that the company has excellent prospects for continued expansion, in
Sweden as well as in the neighbouring Nordic countries. The company has a clear
niche focus in its product line and a very strong position among its customers,
based on long-term customer focus and superior service.” 

Mats Backlund, VD and part-owner of Direktronik:  
”We are proud and happy that Lagercrantz has become aware of our success in
recent years. I am convinced that we will be able to maximise our potential by
becoming a part of the Lagercrantz family. With the addition of Lagercrantz's
long experience and knowledge of Nordic industry, Direktronik AB improves its
prospects for growth in our home market, but also in the rest of the Nordic
Region.”  

The acquisition is expected to provide a positive contribution to earnings per
share during the 2007/08 financial year. Closing is expected to take place in
April 2007. Direktronik will be a part of division Communications. 

Stockholm, 26 March 2007

Lagercrantz Group AB (publ)

For further information, contact:

Jörgen Wigh, President & CEO, Lagercrantz Group, telephone +46 8 700 66 70.
Niklas Enmark, CFO, Lagercrantz Group, telephone +46 8 700 66 70.


LAGERCRANTZ GROUP I BRIEF
Lagercrantz Group is a technology trading group in electronics, electrics,
communication and adjacent areas. The Group operates in a decentralised mode
with value-creating sales in close proximity to its customers and markets and
has a leading position in several expansive niches.

Operations are organised in three divisions: Division Electronics is primarily
involved in marketing solutions in wireless industrial communication and
embedded systems. Division Mechatronics offers electro-mechanical components and
production of cable harnesses and electric connection systems. Division
Communications provides solutions in digital image transmission/technical
security, design software and access products. Manufacturing companies are the
primary customers. Lagercrantz is today represented in eight countries in
Northern Europe, and in Hong Kong.

The Group had sales of more than MSEK 1,600 during 2005/06 and has approximately
750 employees. Lagercrantz is listed on Small Cap segment of the Nordic List,
sector Information Technology. Additional information can be found at
www.lagercrntz.com.