CapMan Public Market Fund increases holding in B&B TOOLS AB

CapMan Press Release 11 August 2011 at 11.45 a.m. EET

CapMan Public Market Fund increases holding in B&B TOOLS AB

The fund holds 7.8 per cent of the outstanding shares and 5.8 per cent of the votes

CapMan Public Market Fund has increased its holding in the Nordic region's leading supplier of MRO products and services B&B TOOLS AB and currently holds 7.8 per cent of the outstanding shares and 5.8 per cent of the votes in the company. CapMan Public Market Fund supports the company's communicated strategy and direction.

"B&B TOOLS has very good potential for further profitability enhancement and growth. We have followed the company for a long time and are impressed by how B&B TOOLS has focused and developed its operations and successfully led the consolidation of the Nordic MRO market. We believe that the company is in an attractive position to start drawing the full benefits of its scale and market leadership in line with the communicated strategy. We are excited to support the further development of B&B TOOLS," says CapMan Senior Partner Joakim Rubin.

B&B TOOLS provides the industrial and construction sectors in northern Europe with industrial consumables, industrial components and related services. The Group has annual revenue of approximately SEK 7.9 billion and approximately 2,800 employees. B&B TOOLS is listed on NASDAQ OMX Nordic Exchange in Stockholm.

For more information, please contact:
Joakim Rubin, Senior Partner, CapMan Public Market, tel. +46 70 558 42 78

CapMan www.capman.com
CapMan is one of the leading private equity firms in the Nordic countries and Russia, with assets under management of €3.4 billion. CapMan has four key investment partnerships - CapMan Buyout, CapMan Russia, CapMan Public Market, and CapMan Real Estate - each of which has its own dedicated investment team and funds. Altogether, CapMan employs approx. 120 people in Helsinki, Stockholm, Oslo, Moscow and Luxembourg. CapMan was established in 1989 and has been listed on the Helsinki Stock Exchange since 2001.

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