Lagercrantz Group acquires Swedwire AB

Lagercrantz Group acquires Swedwire AB

Lagercrantz Group AB has today acquired all shares in Swedwire AB.
Swedwire develops, manufactures and markets a niche range of steel
products such as guy wires and road barrier ropes, wires for reinforced
submerged cables and ACSR conductors. Swedwire recorded sales of
approximately SEK 80 million in 2009 and displayed good profitability.
The company's head office is in Varberg.

Jörgen Wigh, President and CEO of Lagercrantz Group, comments on the
acquisition as follows: “The acquisition of Swedwire is a step in our
ambition of raising the degree of operations with own products and
thereby adding value to our offering. Swedwire is market leader in
specific niches and has a growing portion of export”.

Jesper Bundgaard, CEO of Swedwire AB: “With Lagercrantz as owner,
Swedwire gets a long-term owner which provides security and stability,
and also giving us opportunities for growth and further expansion.”

Swedwire will be part of Lagercrantz' division Mechatronics.

Swedwire is expected to make a small, positive contribution to the
group's earnings per share during the financial year 2010/11 which
extends until March 2011. More information may be found on
www.lagercrantz.com (http://www.lagercrantz.com/) or
www.swedwire.se (http://www.swedwire.se/).

Lagercrantz has during 2010/11 so far acquired businesses with yearly
revenue of approximately MSEK 130.

Stockholm, 22 June 2010

Lagercrantz Group AB (publ)

For additional information, please contact:

Jörgen Wigh, President & CEO, Lagercrantz Group, telephone +46 8 700 66
70, or the company website at: http://www.lagercrantz.com