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  Press releases 2006, Q2  
   
 
2006-05-29

Scania selling its property in Falun

Scania is selling its property in Falun to real-estate company Möller & Partners AB. The aim for the new owner is to obtain new tenants as Scania moves its operations to Södertälje. Discussions are already under way with a number of external tenants.

“This sale is part of our drive to secure replacement operations for Falun as axle manufacture is transferred to Södertälje,” says Scania’s site manager in Falun, Anders Williamsson.
  
Scania’s sale of its property has taken place in close cooperation with Falun Council.
 
“With Möller & Partners, we have found a property owner that will work actively to find new tenants and create new job opportunities,” says the council’s Commerce and Industry Director, Hans Ahlin.
 
For Möller & Partners, the contract is entirely in line with the company’s development plans.
 
“The acquisition of Scania’s property in Falun gives us the opportunity to expand our operations in an area where we see good growth and where we are already well-established with an existing property portfolio,” says President and CEO Peter Möller
 
 Once sale of the property has been completed, Scania and the council will continue to work together to find more companies wanting to take over other parts of the Falun production facility. 
 
“Negotiations are continuing with the two machine-processing companies with which we signed letters of intent,” says Anders Williamsson. “Our discussions are now dealing in detail with the preconditions for a full take-over.” 
 
These companies, which will also be signed on as tenants of Möller & Partners, are initially expected to provide jobs for about 150 people.
 

For further information, please contact

Gunnar Boman, Scania
  phone +46 8 553 895 10

Peter Möller, Möller & Partners AB
  phone +46 70 652 09 75.

Scania is one of the world’s leading manufacturers of trucks and buses for heavy transport applications, and of industrial and marine engines. A growing proportion of the company’s operations is comprised of products and services in the financial and service sectors, assuring Scania customers of cost-effective transport solutions and maximum uptime. Employing 30,000 people, Scania operates in about 100 countries. Research and development activities are concentrated in Sweden, while production plants are located in Europe and South America, with facilities for the global exchange of both components and finished vehicles. In 2005, invoiced sales totalled SEK63,3 billion and net income amounted to SEK4.7 billion.


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