Bure Invests in Xdin.Business Editors GOTHENBURG Gothenburg: see Göteborg, Sweden. , Sweden--(BUSINESS WIRE)--Sept. 19, 2001 Bure Equity AB (OMX OMX Office Max (stock symbol) :BURE.) acquires a 35 percent shareholding in Xdin AB. The company's operations comprise software and services within the concept, product and process development sectors. Xdin will be included in Bure's investment area IT Solutions. Xdin is a knowledge company involved in product development, especially for the automotive industry The automotive industry is the industry involved in the design, development, manufacture, marketing, and sale of motor vehicles. In 2006, more than 69 million motor vehicles, including cars and commercial vehicles were produced worldwide. , which has expanded strongly in recent years. The head office is located in Gothenburg. Xdin also runs operations in other locations in Sweden and in the USA. The company generates sales of approximately 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. 200M and currently has around 210 employees. Now that Bure becomes an active owner and contributes capital, Xdin will be able to continue develop into a leading company within its sectors. "Xdin is a company which stands out in the crowd. It has a freshness and a new approach which is in many ways unique. Xdin possesses many of the ingredients which Bure considers crucial for creating real customer benefits and attracting the best competencies in today's knowledge company," says Bjorn Boldt-Christmas, Senior Investment Manager, Bure. "After a number of successful and expansive years, the Years, The the seven decades of Eleanor Pargiter’s life. [Br. Lit.: Benét, 1109] See : Time time has come for Xdin to bring in an external principal owner. With its impressive track record in the knowledge-intensive sector, Bure is the perfect partner. Together, we will develop the company towards realising the targets we have set," says Hans Noren, President of Xdin AB. Bure IT Solutions already includes Cygate, Dimension, Systeam, CR&T, Erda and Newmad. Bure Equity AB (publ) Note to Editors: This information was brought to you by Waymaker http://www.waymaker.net. The following files are available for download To receive a file transmitted over a network. In any communications session, "download" means receive, and "upload" means send. The download/upload often implies a big/little scenario, in which data is being downloaded from the "big" server into the "little" user's computer. : http://www.waymaker.net/bitonline/2001/09/19/20010919BIT00550/bit0002.doc http://www.waymaker.net/bitonline/2001/09/19/20010919BIT00550/bit0002.pdf |
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