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Lindab International AB : Lindab strengthens the commitment to energy efficient ventilation solutions by acquisition of FlowPad®

Lindab has signed an agreement on acquiring all rights to the technology
related to FlowPad®, a newly developed technology for measuring airflow and
air temperature without pressure loss in HVAC systems.

The technology is unique in the application for HVAC systems and for the
benefit of e.g. higher energy performance, controlling, commissioning and

Products and systems, based on this new technology, will be introduced during

Anders Berg, Lindab's President and CEO commented:

"The acquisition of the technology related to FlowPad is a noticeable step for
Lindab, which confirms Lindab's commitment to create energy efficient systems
and added value for our customers and end users."



Anders Berg, President and CEO
Mobile: +46 (0) 70 35 89155

Bengt Andersson, Product and Market director

Mobil: +46 (0)70 59 14532

Lindab - A Ventilation and Building Products company:

Lindab develops, manufactures, markets and distributes products and system
solutions for simplified construction and improved indoor climate. The
products are characterised by their high quality, ease of assembly, energy
efficiency, consideration towards the environment, and are delivered with
high levels of service. Altogether, this increases customer value.

The Group had sales of SEK 7,589 m in 2015 and is established in 32 countries
with approximately 5,100 employees.The main market is non-residential
construction, which accounts for 80 percent of sales, while residential
accounts for 20 percent of sales. During 2015, the Nordic market accounted
for 44 percent, Western Europe for 33 percent, the CEE/CIS (Central and
Eastern Europe plus other former Soviet states) for 19 percent and other
markets for 4 percent of total sales.

The share is listed on the Nasdaq OMX Nordic Exchange, Stockholm, Mid Cap,
under the ticker symbol LIAB. For more information visitwww.lindabgroup.com.

Press Release as PDF


This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Lindab International AB via Globenewswire


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