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2016-01-22

Lifco AB: Lifco acquires Norwegian Cenika

Lifco has signed an agreement to acquire the majority of Norwegian
Cenika AS, a leading supplier of low voltage electrical supplies.

In 2015, Cenika's sales amounted to approximately 160 MNOK. The
company sells among other surge arrestors. Cenika sells its own brand
CenTech and the Chinese brand Chint directly to the professional
power industry in Norway and Sweden.

The company will be consolidated in the division Relining within
business area Systems Solutions. The acquisition will not have any
significant effect on Lifco's earnings or financial position in
current financial year.

Cenika AS was founded in 2005 and has is headquarters in Lier,
southwest of Oslo. The company has about 30 employees.

For more information about Cenika visit www.cenika.no.

For more information please contact:

Åse Lindskog
Media and investor relations manager
Phone +46 730 244 872

E-mail ir@lifco.se

About Lifco

Lifco acquires and develops market-leading niched operations with the
potential to deliver sustainable profit growth and strong cash flows.
The Group has three business areas: Dental, Demolition & Tools and
Systems Solutions. Lifco has a clear corporate philosophy which
implies a long-term perspective, focus on profits and a highly
decentralized organization. Lifco has 118 companies in 28 countries.
In 2014, the Group's net sales amounted to SEK 6.8 billion and the
EBITA margin was 14.2%. For more information, visit www.lifco.se.

This information is made public January 22, 2016, at 02.15pm CET
according to the Securities Market Act, the Financial Instruments
Trading Act and/or the regulations of the Nasdaq Stockholm.

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http://news.cision.com/lifco-ab/r/lifco-acquires-norwegian-cenika,c9900937
http://mb.cision.com/Main/5431/9900937/468026.pdf

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