UNQUOTE

SWEDEN - EQT sells Tradex to Brady Corporation

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EQT II has signed an agreement with Brady Corporation, Milwaukee, a world leader in identification solutions and precision die-cut components, to sell Tradex Converting AB. EQT acquired Tradex in May 2000, together with the sixth AP Fund (20%) and the Witte family (15%), and has since then developed its global market leading position and close co-operation with the largest mobile phone manufactures in the world.

Tradex, founded in 1965 and headquartered in Kungälv, Sweden, is a leading manufacturer and supplier of pressure sensitive, die-cut adhesive components for the mobile handset and electronics industries. In 2005 sales amounted to SEK 680m and EBITDA to SEK 107m, corresponding to an increase of 50% and 179% respectively compared with the previous year. The company employs about 1,000 people around the world. Tradex has manufacturing operations in Sweden, China, South Korea and Brazil; and an extensive sales, engineering, prototyping and service network with offices in eight countries strategically located to support mobile handset manufacturers' design centers.
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