A-Katsastus Oy

A-Katsastus Group increases its market share in Denmark by acquiring an inspection company in Århus area

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PRESS RELEASE, February 9, 2009. Following the acquisition, the Danish subsidiary of A-Katsastus becomes a major operator at heavy vehicle inspection business

A-Inspektion A/S , the Danish subsidiary of A-Katsastus has acquired Synshallen, Århus Havn Aps , whose vehicle inspection stations are located in the area of Århus, the second biggest town in Denmark. The new merger is the first major business acquisition in Denmark since 2005, when the monopoly was abolished and the state-owned inspection business privatized.

Vehicle inspection monopoly was dissolved in Denmark as of 1st of January 2005. A-Katsastus founded an own company and started vehicle inspections in Denmark soon after. The now acquired Synshallen, Århus Havn Aps started its operations in 2005 and has 5 vehicle inspection stations in and around Århus area.

Århus is the biggest harbor town in Denmark, and the location of the stations is strategically important especially regarding heavy vehicle inspection operations. The total market share of Synshallen, Århus Havn Aps of the heavy vehicle inspections is 8%. As a result of the acquisition, A-Inspektion A/S has a notable market share of all the heavy vehicle inspections executed in Denmark.

The CEO of A-Katsastus, Juha Tukiainen is very pleased with the new business merger "Our long term strategic target is to expand our international operations and the Nordic countries are home market for us. This acquisition strengthens our network in Århus area and we will continue to further develop the vehicle inspection operations with the current management of Synshallen, Århus Havn Aps . They will be part of a successful company and benefit of the expertise and experience of the whole A-Katsastus Group".

Finland-originated A-Katsastus is the market leader in Finland, Belgium and Estonia and the second biggest vehicle inspection company in Denmark and Latvia. Additionally the Group has operations also in Poland and Russia. When the Swedish government did announce in January that the monopoly would be dissolved in Sweden, A-Katsastus did express their interest in establishing vehicle inspection operations also in Sweden.

For additional information, please contact: Juha Tukiainen, CEO, A-Katsastus Group, tel. +358 45 632 2006

A-Katsastus Group is one of the leading European vehicle inspection, registration and drivers' examination companies. Other services include trade-in inspections, quality consultancy, research and training. A-Katsastus has 2 100 employees and 250 inspection stations in seven countries. Operational area covers Finland, Belgium, Denmark, Estonia, Latvia, Poland and Russia. Group head office is located in Vantaa, Finland.

www.a-katsastus.fi

About A-Katsastus Oy

A-Katsastus Oy
A-Katsastus Oy
Valimotie 9-11
00380 Helsinki

075 323 2000http://www.a-katsastus.fi

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