Events after the balance sheet date

On 1 April, Omni Ray AG was acquired in Switzerland and joined the Automation business area. Omni Ray AG is a Zurich-based technology trading and services company, with a strong position in the Swiss market for automation solutions in industry, infrastructure, transport and medical technology. The company generates annual sales of approximately SEK 330 million and has 65 employees.

On 1 April, the company Thurne Teknik AB was acquired in Sweden and joined the Industrial Process business area. Thurne Teknik is a leading supplier of components, equipment and advanced process systems primarily to the chemical and pharmaceutical industry in the Nordic region and the Baltic states. The company has 19 employees and generates annual sales of approximately SEK 100 million.

On 1 April, AB N.O. Rönne was acquired in Sweden and joined the Industrial Process business area. N.O. Rönne’s principal operations consist of manufacturing special customised gaskets and seals through
punching and cutting. The company mainly addresses the machine builders segment. The company generates annual sales of approximately SEK 8 million and has 4 employees.

On 6 May, Best Seating Systems Walter Tausch GmbH was acquired in Austria and joined the Power Solutions business area. The company is a niche player that supplies ergonomic driver’s seats and peripheral components for machines, buses and trains in Central Europe. The company generates annual sales of approximately SEK 23 million and has 5 employees.

On 12 June, Thiim A/S was acquired in Denmark and joined the Automation business area. The company develops and supplies components and solutions in industrial automation, customised electronics and electromechanics. The operations mainly target the OEM industry, automation and infrastructure. The company has 15 employees and generates annual sales of approximately SEK 70 million.