SVEDBERGS: Svedberg's comment on mandatory bid from Stena Adactum
In order to handle questions about the bid, the Board has instructed the independent members of the Board to form an independent bidding committee to handle questions about the bid. The Chairman of the Board of Svedbergs Group, Anders Wassberg, who is also the CEO of Stena Adactum, has a conflict of interest and is not part of the bidding committee and will therefore not participate in handling or decisions related to the bid.
The committee will evaluate the bid and obtain a so-called fairness opinion. A statement on the Board's attitude to the bid is intended to be submitted well in advance of the expiry of the applicable acceptance deadline according to the bid that is published.
Svedbergs started in 1920 and the Group operates in the Nordic region and in the UK. The Group's companies develop, design and sell bathroom furniture and related products. Under the motto collaboration without confusion, the Group's companies continuously develop their product ranges for the entire bathroom. Through close cooperation with partners, the consumer's desires are satisfied. The Group operates under the brands Svedbergs, Macro Design, Cassøe, Roper Rhodes, Tavistock and R2. The parent company Svedbergs i Dalstorp AB conducts its operations in Dalstorp outside of Ulricehamn and its subsidiary companies Macro Design in Laholm, Cassøe A/S in Herning Denmark and Roper Rhodes, including Tavistock and R2, in Bath, England.