Following the announcement from Volkswagen AG today that the public offer for Scania is declared unconditional and that Volkswagen AG will acquire all tendered shares, the independent committee of the Board of Directors of Scania has established that its work is concluded. For more information, please contact Erik Ljungberg, Senior Vice President, Corporate Relations, tel. +46 73 988 35 57. Scania is one of the world’s leading manufacturers of trucks and buses for heavy transport applications, and of industrial and marine engines. Service-related products account for a growing proportion of the company’s operations, assuring Scania customers of cost-effective transport solutions and maximum uptime Scania also offers financial services. Employing some 41,000 people, the company operates in about 100 countries. Research and development activities are concentrated in Sweden, while production takes place in Europe and South America, with facilities for global interchange of both components and complete vehicles. In 2013, net sales totalled SEK 86.8 billion and net income amounted to SEK 6.2 billion. Scania press releases are available on www.scania.com (http://www.scania.com/se)
Statement from the Scania Independent Committee
| Source: SCANIA AB