News. 08/11/06

Bravida – new owners

Press Release

The private equity company Triton has entered into an agreement to acquire all the shares in Bravida ASA. The acquisition is based on an approval from the Competition Authorities. Bravida is the leading building installation company in Scandinavia and has a turnover of app. 9,5 billion SEK.

– I take up a very positive attitude towards this new strong owner. When our present owners have decided to sell we welcome Triton. I am convinced that we will obtain continued good possibilities to develop our position as market leading installation company, states Torbjörn Torell, MD and Group Managing Director, Bravida ASA.

-There is a great potential for a continued positive development of Bravida. The company has a strong market position and the qualifications are at a high level amongst the employees states Jan Åkesson, Triton Partner.

Bravida is first and foremost the largest Scandinavian supplier of total solutions as regards installation- and service having app. 8 000 employees in Sweden, Norway and Denmark. Bravida render both special services as well as total solutions within power, water, sewage and ventilation and offer everything from design and projecting to installation, running and maintenance. Bravida is represented in app. 150 locations in Sweden, Norway and Denmark.

Further information on Bravida:

Triton is a leading private equity company having focus on investments in market leading companies in the Nordic region and the German speaking Europe. Triton has more than 1 billion Euros in accessible capital from Nordic and International investors. Triton offices are situated in Stockholm, Frankfurt and London and their focus includes services and products related to the building sector.

The former largest owners in Bravida are Telenor, Procuritas Capital Partners, Sampo Liv, Investment AB Latour and SäkI AB.

For further information please call:

Torbjörn Torell, MD and Group Managing Director, Bravida ASA
tel +46 8 695 2210

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