Acquisition of Belgium-based Toussaint Nyssenne


Acquisition of Belgium-based Toussaint Nyssenne

As of today (October 30), Munters owns Toussaint Nyssenne, manufacturer of
energy
efficient air-conditioning systems.

The acquisition is strategically important for Munters' Dehumidification
Division and increases its market
position on the European market for customized air-conditioning systems for
offices, public buildings and
industrial applications.

“The operations will be integrated with the Dehumidification Division's business
and increase market potential
through synergies within production integration, technology, distribution and
other areas,” says Lars Engström,
CEO of Munters.

As previously announced Toussaint Nyssenne is based in Dison, Belgium and the
purchase amount corresponds
to the company's assessed enterprise value of SEK 76 M (EUR 7.7 M), according to
current exchange rate less
the company's normalized net debt position during 2008 until the closing date
for the purchase. The acquisition
is expected to have marginal impact on Munters' earnings per share for 2008.
Munters is taking over about 120
employees.

Kista, October 30, 2008

Lars Engström, Chief Executive Officer

For further information, please contact:
Lars Engström, CEO Tel: +46 8 626 63 03 Mob: +46 70 228 85 19
Jonas Samuelson, CFO Tel: +46 8 626 63 06 Mob: +46 70 626 63 79
Andreas Olofsson, VP Corp. Communication Tel: +46 8 626 54 08 Mob: +46 703 518
400

Munters is a global leader in energy efficient air treatment solutions and
restoration services based on expertise in humidity and climate control
technologies. Customers are served in a wide range of segments, the most
important being insurance-, utilities-, food-, pharma- and electronics-
industries. Manufacturing and sales are carried out via the Group's own
companies in more than 30 countries. The Group has over 4,000 employees and net
sales of about SEK 6.3 billion. The Munters share is listed on OMX Nordic
Exchange Stockholm, Mid Cap. For more information see www.munters.communters.com

Attachments

10302596.pdf