Gunnebo Continues to Optimise Its Global Manufacturing Footprint


The Gunnebo Group will further optimise its cash management manufacturing
footprint. Manufacturing from the Trier plant in Germany will therefore be
transferred to other manufacturing units within the Group. The plant has some 30
employees in manufacturing and a turnover of €9 million.
The consolidation will predominantly be done to improve customer service levels
and manufacturing efficiency. The plan is to transfer production from Trier to
manufacturing units in Binefar, Spain and Jakarta, Indonesia. Product
development, prototyping and customer support functions for cash recycling
products will however be kept in Trier.

A provision of MSEK 15 was taken during the fourth quarter of 2015.

GUNNEBO AB (publ)
Group Communications

For further information, please contact:

Henrik Lange, President & CEO Gunnebo AB, tel. +46 10 2095 000, or
Karin Wallström, Marketing & Communication Director Gunnebo AB,
tel. +46 10 2095 026, or e-mail karin.wallstrom@gunnebo.com

www.gunnebogroup.com
The Gunnebo Group is a global leader in security products, services and
solutions with an offering covering cash handling, safes and vaults, entrance
security and electronic security for banks, retail, CIT, mass transit, public &
commercial buildings and industrial & high-risk sites.

The Group has an annual turnover of €610 million, employs 5,700 people and has
sales companies in 32 countries across Europe, Middle East & Africa, Asia
-Pacific and the Americas as well as Channel Partners on over 100 additional
markets.

We make your world safer.

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