Oct. 5, 2009 (Hugin AS) --
Studsvik divests its operations in personal dosimetry services to
NYSE listed Landauer, Inc. (NYSE:LDR) The sale further strengthens Studsvik's
focus on its main business areas. The sale generates a capital gain
of SEK 6.5 million.
Studsvik is the market leader in personal dosimeter services in
Sweden with over 6,000 people monitored. Landauer, Inc., is a
U.S.-based provider of personal dosimetry services to 1.6 million
people in the United States, Japan, France, the United Kingdom,
Brazil, Canada, China, Australia, Mexico and other countries.
"Landauer as a specialist operator is uniquely positioned to develop
the business in the long run," says Studsvik's CEO Magnus Groth.
"We see growth potential in the Swedish radiation monitoring market,
in particular new opportunities within nuclear power services, and
are excited about the opportunity to acquire such a high-quality,
well-run dosimetry laboratory," commented Bill Saxelby, President and
CEO of Landauer.
Studsvik's personal dosimetry laboratory is the largest independent
laboratory in Sweden with approximately 500 active customers. The
majority of customers come from businesses related to the medical
industry, such as hospitals, dentists, and veterinarians, as well as
a growing base of participants in the nuclear industry. Studsvik took
over the operations from the Swedish Radiation Protection Institute
in 1999.
For further information please contact:
Magnus Groth, President and CEO, tel +46 155 22 10 86
Sten-Olof Andersson, Senior Vice President Business Development,
tel +46 155 22 15 20
Facts about Studsvik
Studsvik offers a range of advanced technical services to the
international nuclear power industry in such areas as waste
treatment, decommissioning, engineering & services, and operating
efficiency. The company has 60 years experience of nuclear technology
and radiological services. Studsvik is a leading supplier on a
rapidly expanding market. The business is conducted through five
segments: Sweden, United Kingdom, Germany, USA and Global Services.
Studsvik has 1,100 employees in 8 countries and the company's shares
are listed on the NASDAQ OMX Stockholm.
About Landauer
Landauer is the leading provider of analytical services to determine
occupational and environmental radiation exposure. For more than 50
years, the Company has provided complete radiation dosimetry services
to hospitals, medical and dental offices, universities, national
laboratories, and other industries in which radiation poses a
potential threat to employees. Landauer's services include the
manufacture of various types of radiation detection monitors, the
distribution and collection of the monitors to and from clients, and
the analysis and reporting of exposure findings.
This announcement was originally distributed by Hugin. The issuer is
solely responsible for the content of this announcement.
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