Rejlers Acquires Consultancy Section of Automationscenter & Bråvalla Elteknik AB

Regulatory News:

Rejlers (STO:REJL) is expanding in Automation by acquiring the consultancy activities of Automationscenter & Bråvalla Elteknik AB in Norrköping. For Rejlers' operations in Norrköping, this involves an increase of 7 consultants within electrical design and DCS/PLC programming. The acquisition was completed on 22 June 2015.

"With the experience and skills that come with Automationscenter & Bråvalla Elteknik AB, Rejlers will be able to strengthen its position in Norrköping and offer its customers a better all-in-one solution. We will also gain specialist skills in certain control systems, which will hugely benefit the entire Automation division. The company culture at Automationscenter fits well with Rejlers' core values Personal, Reliable, Successful and Healthy, which bodes well for successful integration. We would like to offer our new colleagues a warm welcome,” says Magnus Persson, Division Manager at Automation.

"I am very happy and positive about this deal. Moving forward with Rejlers means that our employees will have the opportunity to continue to develop, including within larger project commitments. Together, we will become a very strong Automation consultancy on the growing market within Sweden's fourth metropolitan region,” comments Mats Johansson, Company Manager and Project Engineer at Automationscenter & Bråvalla Elteknik AB.

Rejlers is one of the largest engineering consultancy firms in the Nordic region. Our 1,800 experts work with projects within the areas of Building and property, Energy, Industry and Infrastructure. With us, you will meet specialist engineers with the breadth, cutting edge expertise and not least energy to create the results you want. We are continuing to grow rapidly and our activities are spread across 80 locations in Sweden, Finland and Norway. In 2014, Rejlers had revenue of SEK 1.7 billion and its Class B share is listed on Nasdaq Stockholm.

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