Elekta to sell 49% stake in Motala Verkstad to Qeep

“Elekta has a long-term supplier agreement in place with Motala Verkstad. We are confident that Qeep Ventures will develop Motala Verkstad further to create a stable company. This will result in its growth and secure long-term continued production of the Leksell Gamma Knife subsystem.”

Elekta has signed an agreement to sell its 49 percent stake in Motala Verkstad AB. The buyer is Qeep Group.

Motala Verkstad supplies a subsystem of the Leksell Gamma Knife ® and is also responsible for coordinating transportation of subsystems to Elekta's customers. In order to develop the business in Motala Verkstad, Elekta has been looking for a stable majority owner.

Qeep Ventures, part of Qeep Group, has worked closely with Motala Verkstad since its acquisition of Motala Train. Following the acquisition, Qeep Ventures has contributed to an active ownership and a very positive development of Motala Train.

Jonas Karlström, Vice President Service & Operations, Elekta Instrument AB, says: "Elekta has a long-term supplier agreement in place with Motala Verkstad. We are confident that Qeep Ventures will develop Motala Verkstad further to create a stable company. This will result in its growth and secure long-term continued production of the Leksell Gamma Knife subsystem."

The sales agreement is signed with the condition that minority shareholders do not wish to use their pre-sale or pre-emption right. The effect of Elekta's sale of shares on Elekta's result is estimated at about SEK 5 million.

SOURCE Elekta AB