Rejlers

(REJL B)
Råbe Industrikonsult and Rejlers have decided to join forces to strengthen their
offers to the nuclear power sector.

Råbe Industrikonsult, with offices in Västerås, Sollentuna, Forsmark, Kalmar,
Helsingborg, Gothenburg and Örnsköldsvik, offers services in project management,
process design and plant construction, strength and flow calculations and risk
analysis, mainly to the nuclear industry. The company has around 70 employees
including subcontractors. The acquisition will complement Rejlers'' offer to the
Swedish and Finnish nuclear industry. Sture Leandersson, who together with
Gunnar Råbe sells all the shares of the company, will continue as senior
responsible for nuclear power in Rejlers. Råbe Industrikonsult has a turnover of
around SEK 80 million with good profitability and will for the present continue
as an independent subsidiary in Rejlers.

Sture Leandersson says in a comment "Råbe Industrikonsult will get great
opportunities to continue to act as a strong alternative consultant in the
nuclear power sector and together with Rejlers we can continue to grow in both
Sweden and Finland. For me, it means that I can focus on customers and marketing
in the coming years."

Peter Rejler, CEO of Rejlers; "Rejlers has for many years carried out
assignments in the nuclear power industry in areas such as electric power and
mechanics in Sweden and Finland. The acquisition gives us a good complement to
our own business and together we will be around 150 consultants who work with
nuclear power. In light of the decisions taken in Finland and with the
opportunities that are opening up in Sweden for nuclear power, we foresee a
continued high level of investment in the nuclear power industry. Employees in
Råbe will therefore be an important part in the development of Rejlers to
fulfill our growth target of 2015."

The acquisition will be realized partly by a share issue of 500 000 shares of
series B, and partly by cash payment of approximately SEK 45 million. The
Board''s decision on a new share issue is made pursuant to authorization by the
AGM and will be based on an average market exchange rate between 3-15 September
2010. The share issue involves a dilution of 2.2 per cent of the votes and 4.4
per cent of the capital. The acquisition means that earnings per share, pro
forma, will increase by around SEK 0.9 per share on a yearly basis. Access is
expected by 1(st) October 2010.

                            For further information:
               Peter Rejler, President and CEO, +46 70 602 34 24
          Sture Leandersson, Råbe Industrikonsult AB, +46 70 209 00 69
                       Lars Solin, CFO, +46 73 386 15 20
                                www.rejlers.com

     Rejlers is a Nordic expertise group within electro-technology, energy,
 mechanics, automation, electronics, IT and telecommunications. Rejlers'' shares
                  are listed on the NASDAQ OMX Stock Exchange.



[HUG#1442470]





Press release (pdf): 
http://hugin.info/131990/R/1442470/386695.pdf




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Source: Rejlers via Thomson Reuters ONE
  

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