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ÅF takes over unit from Xdin

Wed, 07/03/2007 - 13:38 CET
Per Magnusson, Divisional Manager                               +46
(0)70-676 64 26
Viktor Svensson, Director, Corporate Information             +46
(0)70-657 20 26

ÅF has, through the Group's Engineering division, taken over a unit
from the technical consulting company Xdin. The unit, known as Xdin
Order to Delivery (O2D), is based in Gothenburg and has 7 members of

Xdin O2D helps its clients to make the right decision when investing
in or rationalising their production and logistics systems. The
unit's portfolio of services includes concept studies and the
analysis and verification of capacity and delivery potential. Xdin
O2D also supplies market-leading analysis and simulation software,
and works with some of the leading names in the automotive,
engineering, wood processing, foodstuffs and automation industries."This acquisition broadens the scope and reinforces the strength of
our offer. Xdin O2D is often involved in industrial projects at a
very early stage, and this will be highly advantageous to us in the
future," says Per Magnusson, manager of ÅF's Engineering Division."Xdin's long-term approach and its growth in the areas of product
development, PLM and IT demands a relentless focus, and we see this
new development as a natural stage in this process. Xdin O2D will
have better opportunities to develop under the umbrella of the ÅF
Group, where it will be able to benefit considerably from synergies
with the Group's other lines of business," says Tomas Ängkulle,
Xdin's CEO.

Corporate Information
AB Ångpanneföreningen

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 one of the leading names in testing and
inspection. Today the ÅF Group has approximately 3,500 employees. Our
base is in Europe, but our business and our clients are found all
over the world.

Xdin is one of Sweden's fastest-growing technical consulting
companies, developing products and processes for clients who are
found predominantly in the automotive, energy and engineering
industries. Xdin has approximately 400 employees working from offices
in Sweden and the USA.

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