Ratos acquires KVD Kvarndammen

2010-11-29

This information is disclosed in accordance with the Securities Markets Act, the
    Financial Instruments Trading Act or demands made in the exchange rules.

Ratos has concluded an agreement to acquire 100% of the shares in the auction
and valuation company KVD Kvarndammen AB for an Enterprise Value of SEK 550m.
The sellers are the Sixth AP Fund and the company's founders. Ratos will provide
equity of approximately SEK 360m.
Kvarndammen (KVD) is Sweden's largest independent broker for cars. The company,
which was founded in 1991, runs kvd.se where cars, heavy vehicles, machines,
liquidation goods and surplus goods are offered for sale at weekly online
auctions. KVD Kvarndammen has facilities at 12 locations in Sweden where all the
items are inspected and valued prior to sale. The company includes Sweden's
largest valuation portal for cars, bilpriser.se.
Today KVD Kvarndammen only accepts sales assignments from companies and
authorities. Over 18,000 vehicles and 14,000 other auction items were sold in
2009 on kvd.se. Revenues comprise commissions on sales and services. The company
has 165 employees and the head office is in Gothenburg. In 2009 KVD Kvarndammen
posted sales of SEK 217m and operating profit (EBITA) amounted to SEK 36m.
"Kvarndammen has a unique business model where the company's independence, high
number of unique visitors, and transparency create conditions for market prices.
The company thereby delivers value to both buyer and seller. Since Kvarndammen
is still a small player, we see good opportunities to capture market shares as
well as for expansion within new areas," says Ratos CEO Arne Karlsson.
Ratos's holding will amount to 100%. The Enterprise Value for the acquisition
amounts to SEK 550m, of which Ratos will provide equity of approximately SEK
360m. The acquisition is subject to approval from the relevant competition
authorities and is expected to be completed in January 2011 at the latest.
For further information:
Arne Karlsson, CEO, via CEO's Assistant Nina Aggebäck +46 76 125 09 01
Emma Rheborg, Head of Corporate Communications & IR, +46 8 700 17 20
Financial calendar from Ratos:
Year-end report 2010                    17 February 2011
Annual General Meeting 2011             5 April 2011
Interim Report January - March 2011     5 May 2011
Interim Report January - June 2011      19 August 2011
Interim Report January - September 2011 9 November 2011

Ratos is a listed private equity company. The business concept is to maximise
shareholder value over time by investing in, developing and divesting primarily
unlisted companies. Ratos offers investors a unique investment opportunity.
Ratos's equity is approximately SEK 14 billion and has a market capitalisation
of approximately SEK 37 billion. Ratos's holdings include AH Industries,
Anticimex, Arcus Gruppen, Bisnode, Camfil, Contex, DIAB, EuroMaint, GS-Hydro,
Hafa Bathroom Group, HL Display, Inwido, Jøtul, Lindab, Medisize, Mobile Climate
Control, SB Seating, Stofa, Superfos and Other holdings.