Fiskars Corporation Stock Exchange Release 1 September 2006 at 8.30 am FISKARS ACQUISITION OF SWEDISH SILVA FINALIZED At the end of June, Fiskars Corporation signed a contract to acquire the Silva Group and its subsidiaries. Silva's net sales excluding the company's Marine Electronics operations, which are not a part of the deal, was some EUR 32 million in the 2005/2006 fiscal year. Silva employs some 250 staff and has production in Sweden, the US and China. Silva is known in particular for its compasses, but the company is also a manufacturer and supplier of other fitness and outdoor recreation products, such as headlamps and binoculars. The transaction does not encompass Silva's marine electronics products. Some 60 percent of the company's sales are generated in Europe and the rest mainly in the US. The operations will be consolidated from 31 August 2006 and Lars Gullikson will continue as CEO of the company. Silva and its US subsidiary The Brunton Company will operationally become a part of Fiskars Brands, Inc. The acquisition strengthens within Fiskars Brands the strategically important Outdoor Recreation division, in which Gerber is the leading brand. For further information, please contact Ms. Maija Elenius, Vice President, tel. +358 400 488 926. Heikki Allonen President and CEO
Press and stock exchange releases from Fiskars Corporation, dating from 1997 have been gathered onto this page. Additional financial data related to interim reports and the annual reports stock exchange releases can be retrieved from 2000 onwards.