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2014-06-12

Gunnebo: Gunnebo Divests in France

The Gunnebo Security Group has divested Fichet-Bauche Télésurveillance
(FBT) via its French subsidiary, Gunnebo France, to Butler Group. FBT
provides alarm monitoring and intervention services to companies and
private individuals on the French market.

"The divestment of FBT is in line with our strategy to phase out those
areas of Gunnebo which are not part of our defined core business or
where we do not have the opportunity to attain a significant market
position," says Gunnebo AB's President and CEO, Per Borgvall. "We are
certain that FBT will develop positively under its new owners."

FBT recorded a turnover of 50 MSEK for 2013 and has around 45
employees. In conjunction with the divestment, FBT has been given a
license to continue using the Fichet-Bauche Télésurveillance brand.

The transaction has had a positive effect on the Group's operating
results for the second quarter of 73 MSEK and a positive effect on
the Group's cash flow of 77 MSEK. The transaction will be reported as
a non-recurring item.

GUNNEBO AB (publ)
Group Finance

For more information, please contact:

Per Borgvall, President & CEO Gunnebo AB, tel. +46 10 2095 000, or
Christian Johansson, CFO Gunnebo AB, tel. +46 10 2095 046

www.gunnebogroup.com

The Gunnebo Security Group is a global leader in security products,
services and solutions with an offering covering cash handling, safes
and vaults, entrance security and electronic security for banks,
retail, CIT, mass transit, public & commercial buildings and
industrial & high-risk sites.

The Group has an annual turnover of €610 million, employs 5,600 people
and has sales companies in 33 countries across Europe, Middle East &
Africa, Asia-Pacific and the Americas as well as Channel Partners on
over 100 additional markets.

We make your world safer.

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http://news.cision.com/gunnebo/r/gunnebo-divests-in-france,c9601188
http://mb.cision.com/Main/893/9601188/256207.pdf

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