B&B TOOLS Acquires Industrial Reseller In Western Finland

STOCKHOLM, Sweden, Nov 30, 2007 - (Hugin via ABN Newswire) - B&B TOOLS has concluded an agreement to acquire 100 per cent of the shares in Vasa Parts Oy. Vasa Parts is one of the leading suppliers of tools, personal protection equipment and other industrial consumables in Vaasa and the surrounding areas. Vasa Parts is well-known for its specialist profile within the areas of welding and grinding and also offers training and installation. The company has annual revenues of approximately MSEK 25 and seven employees.

"Vasa Parts is a well-established company with a strong position in the industrial market in western Finland," says Johan Falk, Executive Vice President of B&B TOOLS. "The acquisition will further strengthen TOOLS' offering to Finnish industry. TOOLS is currently represented in 30 locations in Finland."

Takeover is expected to occur at the beginning of January 2008. The acquisition 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/1171966/231523.pdf

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B&B TOOLS AB

http://www.bb.se

ISIN: SE0000101362

Stock Identifier: XOME.BBTO.B