Builtech Group Acquires Majority Stake in Brion Group, Unlocking Joint
Growth Potential on the Path to Market Leadership in Europe

Issuer: Builtech Holding GmbH / Key word(s): Acquisition
Builtech Group Acquires Majority Stake in Brion Group, Unlocking Joint
Growth Potential on the Path to Market Leadership in Europe

09.07.2024 / 10:30 CET/CEST
The issuer is solely responsible for the content of this announcement.

---------------------------------------------------------------------------

  * Builtech Group acquires a majority stake in Brion Group to become one of
    Europe's leading players in the installation market.

  * As part of the acquisition, the companies Brion Invest, Nytorp Energy
    Group, UTK Activ El, and Trafiksystem Väst are brought together under
    the Brion Group umbrella.

  * The acquisition establishes a strong market position in the Nordics for
    Builtech.

  * Brion Group will serve as a hub for expansion and investment for
    Builtech in the Swedish market and into neighboring markets.

Stockholm, 8th of July 2024 - Brion Group, a leading Swedish company in
technical services and installation solutions for properties, announced
today that they have become part of Builtech Group. The acquisition also
includes Nytorp Energy Group, UTK Activ El, and Trafiksystem i Väst. This
step is a significant milestone for Brion Group to strengthen its market
position in Sweden and accelerate its growth plans in the Nordics.

The transaction is subject to regulatory approvals and will be completed
within the next few weeks. Builtech Group will provide Brion Group with a
strategic advantage in driving further expansion in Sweden and the Nordics.
Both companies primarily operate in the B2B segment and are highly
diversified in their end-user markets.

Builtech has many years of experience and expertise in establishing and
integrating installation companies into a common structure.

In Builtech Group, Brion has found the right partner, who understands the
industry and is ready to invest in joint growth in Northern Europe. The
integration will not affect daily operations.


Image link:
https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=download2_file&code_str=b6d9810824869f12fcc6ee4c0986cbee
Image title: builtechEN

© Brion Group Images can be downloaded here in high quality:


Anders Bådholm, CEO of Brion Invest, commented:

"Bringing the four Swedish companies together under the Brion Group umbrella
is a logical next step and strengthens our market position. Becoming part of
Builtech Group will help us expand our geographic presence in the Nordics.
Both companies are diversified within the B2B segment and share the same
values and visions. We look forward to a successful future."

Maurice Frhr. v. Dalwigk, CEO of Builtech Group, added:

"We are delighted to welcome Brion to Builtech Group. As a well-established
player in the market, Brion represents the perfect addition to support our
growth strategy beyond the German-speaking market. We speak different
languages, but we share the same culture - our employees are the heart of
our companies. I look forward to a successful future as a strong group."

The companies within Brion Group together generate a revenue of SEK 1.5
billion with approximately 500 employees, making them a significant part of
the Swedish installation market. Through the acquisition, Builtech Group
will achieve a revenue of SEK 6.3 billion and 2,050 employees.

Brion's current management team will stay with the company and continue to
be shareholders. They're goal remains the growth and success of the group.

About Brion Group

Brion Group consists of leading companies in eastern, western, and southern
Sweden with a wide range of services in the areas of heating & sanitation,
ventilation, and electrical (including traffic solutions). Brion Invest,
Nytorp Energy Group, Trafiksystem Väst, and UTK Activ El deliver innovation,
efficiency, and high-quality solutions across multiple business segments.
Their combined expertise ensures comprehensive and tailored solutions for a
diverse clientele. Their decentralized structure guarantees close customer
contacts and makes them highly flexible. More information is available at:

www.briongruppen.se
www.trafiksystem.com
www.activ-el.se
www.nytorpenergygroup.se

About Builtech Group

Builtech Group is a rapidly growing organization comprising 30 successful
installation companies across the German-speaking region. With a total of
1,550 employees, its companies achieve a combined revenue of SEK 4.8
billion. As an integrated 360 provider in the field of technical building
equipment (TBE), Builtech significantly impacts the transition to
sustainable buildings. The group unites regional market leaders under its
umbrella, facilitating synergies and knowledge transfer. Builtech ensures
leadership succession, secures the future and development of its companies,
and preserves their unique character. Builtech's mission is to bring
craftsmanship into the future and the future into craftsmanship. As the
leading total installation provider in the heart of Europe, Builtech offers
comprehensive solutions in electrical & building automation, HVAC, climate &
ventilation, and technical building facades. More information is available
at:

www.builtech.de/en
www.builtech.de/en/media

Press contact and inquiries Email:
E-Mail: anders.badholm@briongruppen.se
Telefon: +46 (0)725 94 84 38


---------------------------------------------------------------------------

Dissemination of a Corporate News, transmitted by EQS News - a service of
EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The EQS Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com

---------------------------------------------------------------------------