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ÅF acquires OrbiTec

Fri, 30/05/2008 - 09:15 CEST
For further information, please contact:

Per Magnusson, President, Engineering Division        +46 (0)70-676
64 26
Bengt-Åke Brunberg, Business Area Manager            +46 (0)70-552 91
Jan-Erik Andersson, MD, Orbitec                                 +46
(0)70-816 60 00
Viktor Svensson, Director, Corporate Information       +46 (0)70-657
20 26

ÅF has acquired all the shares in the technical consulting company
OrbiTec AB in Jönköping, Sweden

OrbiTec, which was founded in 1993, has 30 members of staff and
supplies services, systems and equipment in the areas of Electrical
engineering, Automation and Industrial IT. Its clients are found in
the process, pharmaceutical, energy, engineering and environmental
engineering industries.

OrbiTec will be integrated into ÅF's Engineering Division as a local
office."OrbiTec's orientation meshes well with our existing operations and
consolidates our presence in Jönköping and the surrounding area
significantly. The company also complements our offer with additional
specialist skills in spheres such as MES systems and optical vision
systems," says Per Magnusson, President of ÅF's Engineering Division."After 15 years under our own steam, the time is now ripe for OrbiTec
to progress to the next stage in its development. Tomorrow's projects
will be more complex and require access to greater resources. That's
why we see becoming part of a business environment that can provide
these resources for us and our clients as a natural step. For us, ÅF
was the obvious choice," says Jan Erik Andersson, Orbitec's Managing
Director.ÅF AB
Corporate Information

The ÅF Group is a leader in technical consulting, with expertise
founded on more than a century of experience. We offer highly
qualified services and solutions for industrial processes,
infrastructure projects and the development of products and IT
systems. We are also a leading name in testing and inspection. Today
the ÅF Group has 4,000 employees. Our base is in Europe, but our
business and our clients are found all over the world.

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