CARDO ACQUIRES RIGHTS TO NEW DOOR SOLUTIONS Within its division Door & Logistics Solutions, Cardo has acquired the rights to the German company Fuhrrheydt's solutions for horizontally sliding doors. Through the acquisition, Doors & Logistics Solutions is expanding its offering to customers in its Aircraft & Shipyard segment in particular, which under the Megadoor brand is now gaining access to both vertically and horizontally sliding doors. Fuhrrheydt has a long tradition of working in the horizontally sliding door segment and for decades has been developing systems that meet the market need for features such as insulation, light admission and savings on construction and heating costs. “Fuhrrheydt is known for its new way of thinking in combination with customized solutions. The competence that we are now making available to Door & Logistics Solutions is an important complement to the present product portfolio,” says Peter Aru, Cardo's President and CEO. “Horizontally sliding doors are often specified in the inquiries we receive. Our challenge has been to convince the end-user, architect or building contractor to change to vertically sliding doors, resulting in the building needing to be redesigned,” says Ulf Peterson, who has global responsibility for the customer segment Aircraft & Shipyard. “Now we can be even better at meeting the needs of the customers.” Malmö, Sweden, October 9 2007 Cardo AB (publ) For further information, please contact: Peter Aru, President and CEO, tel +46 40 35 04 53 Maria Bergving, Senior Vice President Communications and Investor Relations, tel +46 40 35 04 25, +46 70 602 61 81, maria.bergving@cardo.com Cardo is an international industrial group with leading brands, offering solutions with quality products, a high level of service and great applications know-how to industrial customers. Operations are pursued in the Group's divisions: Door & Logistics Solutions, Wastewater Technology Solutions, Pulp & Paper Solutions and Residential Garage Doors, which all enjoy strong positions in their respective markets. The Group has approximately 5,900 employees in more than 30 countries and sales of approximately SEK 9 billion. Corporate headquarters are located in Malmö, Sweden.
CARDO ACQUIRES RIGHTS TO NEW DOOR SOLUTIONS
| Source: Cardo AB