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2016-10-25

Ratos AB: Ratos divests Euromaint

Ratos has signed an agreement to divest 100% of the shares in its subsidiary
Euromaint, Sweden's leading independent maintenance company for the rail
transport industry, to SSVP, a mid-market private equity fund advised by
Orlando Management. Enterprise Value amounts to SEK 650m. The divestment is
not estimated to generate any exit results for Ratos.

Ratos acquired Euromaint in 2007 in conjunction with the ongoing deregulation
of the train operator market. Throughout its history, the company has focused
on delivery of high-quality rail maintenance services, thereby strengthening
its market position as a leading maintenance provider for Sweden's premium
fleets, including Arlanda Express, X2000 and Stockholm commuter trains. The
company has about 1,050 employees, with annual sales of approximately SEK
1,600m. The Euromaint German operations were divested in 2015 in order to
streamline operations.

"Euromaint's ability to deliver high quality services has strengthened the
company's position in the market for train maintenance. Ratos has owned
Euromaint since 2007, and we believe that now is a good time for a new owner
to take over," says Lars Johansson, acting CEO of Ratos.

An agreement has been signed for the sale of 100% of the shares. The
divestment is not estimated to generate any exit results for Ratos, taking
into consideration the earlier announced impairment of book value that will
be set in the third quarter accounts. The investment has generated a negative
annual average return (IRR). The transaction is expected to be completed in
the fourth quarter of 2016.

For further information, please contact:
Elin Ljung, Head of Corporate Communications, Ratos, +46 8 700 17 20,
elin.ljung@ratos.se
Lars Johansson, Acting CEO Ratos, +46 8 700 17 00, lars.johansson@ratos.se
Financial calendar from Ratos:
Interim report January-September 2016 10 November 2016

Ratos owns and develops unlisted medium-sized companies in the Nordic
countries. Our goal as an active owner is to contribute to long-term and
sustainable business development in the companies we invest in and to make
value-generating transactions. Ratos's portfolio consists of 21 medium-sized
Nordic companies and the largest segments in terms of sales are Construction,
Industrials and Consumer goods/Commerce. Ratos is listed on Nasdaq Stockholm
and has a total of approximately 16,000 employees.

Press release (pdf)
http://hugin.info/1180/R/2051110/767390.pdf

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This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq 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: Ratos via Globenewswire

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