Swedish private equity investor Ratos AB acquires Swedish and Danish office chair manufacturing companies

Nordic Business Report, Dec 21, 2006

NORDIC BUSINESS REPORT-21 December 2006-Swedish private equity investor Ratos AB acquires Swedish and Danish office chair manufacturing companies(C)1994-2006 M2 COMMUNICATIONS LTD http://www.m2.com

Swedish private equity investor Ratos AB said on Thursday (21 December) that it has agreed to acquire Swedish office chair manufacturer RH Form and Danish office chair manufacturer RBM.

The combined purchase price amounts to SEK190m.

RH Form, headquartered in Nassjo, Sweden, manufactures ergonomic office and work chairs, as well as a range of special chairs. The company has 120 employees and is expected to achieve sales of SEK340m in 2006.

RBM, based in Fjerritslev in Denmark, manufactures chairs for conferences, education and canteens. It has 150 employees and is expected to achieve sales of SEK280m in 2006.

Ratos, headquartered in Stockholm, Sweden, has some SEK9bn in investments. The company is listed on the Nordic Exchange in Stockholm.

One British pound (GBP) is worth approximately 13.49 Swedish kronor (SEK).

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