B&B TOOLS Forms One Of Örnsköldsvik's Largest Industrial Resellers

STOCKHOLM, Sweden, Nov 30, 2007 - (Hugin via ABN Newswire) - B&B TOOLS has acquired 30 per cent of the shares in AB Knut Sehlins Industrivaruhus ("Sehlins"), one of the largest industrial resellers in Örnsköldsvik. In connection with the acquisition, B&B TOOLS' subsidiary Bäcklunds Bygg- & Industrihandel AB ("Bäcklunds") has sold its industrial reseller business in Örnsköldsvik to Sehlins through a conveyance of assets and liabilities. The combined operations will have annual revenues of approximately MSEK 60 and 26 employees.

Sehlins is one of the leading suppliers of tools, fastening elements and other industrial consumables to industry in Örnsköldsvik and the surrounding areas. Sehlins has annual revenues of approximately MSEK 45 and 21 employees. Sehlins is an existing partner in the TOOLS industrial reseller chain. The Bäcklunds industrial reseller business in Örnsköldsvik - with leading-edge competence in lifting and cutting tools - has annual revenues of MSEK 15 and five employees.

"We are now taking an important step in an interesting region. The potential in Ångermanland and Västerbotten is vast, with several excellent industrial customers," says Johan Falk, Executive Vice President of B&B TOOLS. "With Sehlins, we are forming one of the largest industrial reseller businesses in the region and the combined operations will be sufficiently large to enable us to invest in competence and infrastructure with the aim of creating customer value of the highest quality."

Closing occurred today, 30 November 2007, in connection with the signing of a share transfer agreement and an agreement concerning the conveyance of assets and liabilities, and is expected to have a marginally positive effect on B&B TOOLS' earnings per share during the current financial year.

Stockholm, 30 November 2007

B&B TOOLS AB (publ)

For further information, contact: Johan Falk, Executive Vice President, B&B TOOLS AB, telephone +46-8-660 10 30 Mats Karlqvist, Vice President - Investor Relations, B&B TOOLS AB, telephone +46-70-660 31 32

B&B TOOLS provides the industrial and construction sectors in northern Europe with tools, industrial consumables, industrial components and related services. The Group has annual revenues of approximately SEK 8.7 billion and approximately 3,000 employees.

Bergman & Beving changed its name to B&B TOOLS at the end of March 2007.



LINK: http://hugin.info/1026/R/1171961/231521.pdf

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B&B TOOLS AB

http://www.bb.se

ISIN: SE0000101362

Stock Identifier: XOME.BBTO.B