Atle-Owned Haendig AB to Acquire Duri Svenska AB.Business Editors STOCKHOLM, Sweden--(BUSINESS WIRE)--Sept. 19, 2000 In April, Atle-owned building supplies distributor HDF-BOLAGEN merged with Markt & Co. of Norway, through the incorporation of Haendig AB. Thus Haendig AB became the Nordic region's leading DIY DIY abbr. do-it-yourself DIY or d.i.y. Brit, Austral & NZ do-it-yourself DIY abbr DIY do it yourself a DIY shop/job. products player, with a prominent position in the trade products segment. Atle's ownership holding in the new group amounts to 69%. Duri Svenska will be acquired as a further step in the established expansion plans for Haendig AB. Subsequent to the take-over, Haending AB, active in Scandinavia and Poland, will have sales of some SEK SEK In currencies, this is the abbreviation for the Swedish Krona. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 1.0 bn, earnings of SEK 40 m, and an employee headcount of 375. The take-over can be viewed as an additional step ahead of a potential stock market flotation flotation or froth flotation Most widely used process for extracting many minerals from their ores. The method separates and concentrates ores by altering their surfaces so that they are either repelled or attracted by water. . Duri Svenska AB is a flooring accessories and interior products trading corporation, whose products are marketed to flooring professionals and resellers in the construction, paint, flooring and building supplies segments. This corporation, headquartered in Molndal, Sweden, is the sector market leader, generating earnings of SEK 6.5 m from sales of SEK 85 m. Duri Svenska AB has an employee headcount of 35. HDF-BOLAGEN, headquartered in Halmstad, is a building supplies distributor with a broad-based broad-based Of or relating to an index or average that provides a good representation of the overall market. The S&P 500 and NYSE Composite are generally regarded as broad-based stock indexes, while the popular Dow Jones Industrial Average is biased product range encompassing construction, building supplies, plumbing plumbing, piping systems inside buildings for water supply and sewage. The Romans had a highly developed plumbing system; water was brought to Rome by aqueducts and distributed to homes in lead pipes—hence the name plumbing from the Latin word plumbum and heating supplies and hypermarkets. Markt & Co. is a well-established Norwegian Norwegian associated in some way with Norway. Norwegian buhund, Norwegian sheepdog a medium-sized (26-40 lb), spitz-type dog with a short, dense coat in wheaten, black, red or sable, sometimes with black markings on the face, ears building supplies distributor, with its focus mainly on the trade side through resellers. This corporation is active in Norway, Sweden, Denmark, Poland and Lithuania. Staffan Jehander, Chief Executive of Duri Svenska AB responded that "placing Duri in a genuine trading structure where we comprise a solid complement with our extensive flooring accessories skills, feels gratifying grat·i·fy tr.v. grat·i·fied, grat·i·fy·ing, grat·i·fies 1. To please or satisfy: His achievement gratified his father. See Synonyms at please. 2. . We're also looking forward to forming a new interior products business unit alongside HDF (Hierarchical Data Format) A file format for scientific data that is developed and maintained by NCSA. Governments and research organizations around the world use HDF for archiving and distributing collected data. HDF - Hierarchical Data Format ." Thomas Holmgren, Group President of Haendig AB, added: "Duri is a very well managed, successful corporation with attractive products. We also consider that with its base in building supplies trading, HDF can achieve substantial revenue gains alongside Duri." Atle - Key Facts Atle is a growth company that intends to be 2-3 times its current size in 5 years' time. Atle is a private equity player, investing in unlisted companies, participating actively in their development, and after a few years, finding them a suitable new home--through an exit--thereby realising value growth. Since 1993, the Atle group's earnings have risen progressively, from SEK 373 m to SEK 1,025 m in 1999. Atle maintains a high transaction tempo tempo [Ital.,=time], in music, the speed of a composition. The composer's intentions as to tempo are conventionally indicated by a set of Italian terms, of which the principal ones are presto (very fast), vivace (lively), allegro (fast), , acquiring over 20 enterprises across all sectors each year. Since inception in 1992, Atle has invested in approximately 200 businesses and exited from over 100. Its annual return from these exits has exceeded 50%. 43 of its holdings, 28% of invested capital, are in IT and other technology enterprises. Atle is quoted on the Stockholm Stock Exchange's A List and has approximately 17,000 shareholders. ATLE AB (Publ) P.O. BOX 7308 S-103 90 STOCKHOLM SWEDEN VISITING ADDRESS: REGERINGSGATAN 48 TELEPHONE +46 (0)8 506 10100 TELEFAX +46 (0)8 506 10110 CORPORATE IDENTITY NO.: 556454-8799 ------------------------------------------------------------ This information was brought to you by BIT http://www.bit.se The following files are available for download To receive a file transmitted over a network. 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