Munters has entered into an agreement to acquire Turbovent; one of Northern Europe's leading agricultural ventilation system providers

Munters has entered into an agreement to acquire Turbovent; one of Northern
Europe's leading agricultural ventilation system providers

Munters has entered into an agreement to acquire Danish Turbovent Agro A/S and
Turbovent  Environment A/S. The company holds a leading position in Northern
Europe for ventilation and air cleaning solutions for farming, complementing
Munters AgHort product range.

Located in Aars, Denmark, Turbovent primarily manufactures ventilation equipment
for poultry, swine and dairy farms in Scandinavia, Germany and Eastern Europe.
Turbovent is also in the forefront of air cleaning and odor removal solutions
for the agricultural industry. The company employs approximately 45 people, and
has trailing 12 month revenue of DKK 69 Million. With this acquisition, Munters
strengthens its position as one of the leading suppliers of climate control
solutions for the Agricultural and Horticultural industries. "Turbovent provides a nice fit with our AgHort Business Area," says Per
Segerström, President, HumiCool Division. "This expansion aligns with our
strategy as a leader in energy-efficient climate control solutions for our
agricultural and horticultural customers. The acquisition broadens our product
range and geographical coverage as well as provides equipment suited for
northern climates, significantly increasing our sales potential." Per concludes.
In addition to its strong position in ventilation systems, Turbovent has
developed a product range, which is targeted at reducing odor, ammonia and dust
emissions from farming. 

Munters has entered into an agreement to acquire 100% of the shares in Turbovent
Agro A/S and Turbovent Environment A/S for DKK 65.5 million in cash. The impact
on Munters' consolidated earnings per share is anticipated to be positive in
2007.

The completion of the acquisition which is expected to take place in July 2007,
is inter alia conditioned on the approval by the German competition authority. 

For further information, please see www.turbovent.dk

Sollentuna 28 June 2007

Lars Engström
Chief Executive Officer


For further information, please contact:
Lars Engström, CEO Tel: +46 8 626 63 03 Mob: +46 70 228 85 19
Jonas Samuelson, CFO Tel: +46 8 626 63 06 Mob: +46 70 626 63 79
Sören Sjöström, VP Corp. Communication Tel: +46 8 626 63 08 Mob: +46 70 600 22
44


Munters is the world leader in humidity control with services and products for
water and fire damage restoration, dehumidification, humidification and air
cooling. Customers are served in a wide range of segments, the most important
being insurance-, utilities-, food-, pharma- and electronics- industries.
Manufacturing and sales are carried out via the Group's own companies in 30
countries. The Group has around 3,600 employees and net sales of SEK 5,712
million. Munters is listed on OMX Nordic Exchange. For more information see
www.munters.com