Rejlers Expands in the Stockholm Region Through Acquisition of Sonika

Regulatory News:

Rejlers (STO:REJL) acquires 100 percent of the shares in Sonika AB, based in Stockholm. The company was founded in 2002 and has 12 employees today. Sonika is an engineering consultancy focusing on installation management of technology-intensive construction.

Sonika has expertise in electrical engineering, communications, telecom/security systems and energy. The company provides services in consulting, investigation, design, project planning, project and installation management, and also documentation.

- Through the acquisition of Sonika, we expand in the building and property sector in the Stockholm region, a market where we see strong demand and favorable market prospect. We also reinforce and complement our activities in electrical engineering and building services to the construction market. Sonika has similar values as Rejlers such as reliable and personal and fits well into our culture, says Peter Rejler, President and CEO, Rejlers AB.

- It feels really good to be part of Rejlers' business. Rejlers has, just like us, a family atmosphere, important values and a good reputation in the industry. We will be able to offer our employees new development opportunities and our customers will have access to a wider range of services, says Anders Käck, CEO at Sonika.

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 2013 Rejlers had revenue of approx. SEK 1.5 billion and its Class B share is listed on the Nasdaq OMX, Nordic list.

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