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no. 12005GLOBALGLOBAL

The Magazine for the Gunnebo Group

NEW TECHNOLOGYContinuous technical development crucial toGunnebo’s position on the security market

New face at the topGezelius succeedsHolmqvist as Presidentand CEO

Fingers are keyBiometrics increasinglycommon in secureidentification

New listed companyGunnebo Industriermoves on as a separatestock exchange company

2

New face at the topWho is Göran Gezelius? Gunnebo

Global meets the new CEO.........4-5

Theme: New TechnologyNew technology and new production

methods are key to maintaining a

leading position in the security market

in the future...............................9-18

End of an eraGunnebo Industrier has been hived offfrom Gunnebo AB. The 240-year-oldcompany has been distributed to share-holders and will continue as a separatelisted company ..........................20-21

SpeedGate nominatedGunnebo Entrance Control was one ofthe five finalists in industry organisationTeknikföretagen’s Grand Award ofDesign...............................................24

Responsible publisher: Janerik Dimming, Telephone +46 31-83 68 03, [email protected] Editorial committee: Sven Boëthius, [email protected] | Olivier Bianchi, [email protected] | Karin Martinsson, [email protected], Janerik Dimming, [email protected] | Susanne And, [email protected] | Huub Laverman,[email protected] | Morgan Barrington, [email protected] | Nicholas Roberts, [email protected] Contribution address: Gunnebo AB, Att: Gunnebo Global, Box 5181, SE-402 26 Göteborg Production: MediaSpjuth AB, Telephone +46 36-30 36 30, Fax +46 36-19 02 60, [email protected] Translation: Comactiva Translations AB Printing: VTT Grafiska. On our homepage you will find press releases, annual reports, Gunnebo Global and other financial reports. The address is: www.gunnebo.com

C O N T E N T SD E A R R E A D E R

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PAGE 19

PAGES 9-18

PAGES 4-5

PAGES 6-7

IN THE PAST TWO ISSUES of Gunnebo Global we’velooked at ‘The new customer’s demands’ and ‘NewMarkets’, and in this issue we’re focusing on ‘NewTechnology’ in the field of security. There’s no doubtthat new technology – in the form of variousbiometric identification methods, RFID (RadioFrequency Identification), GPRS, CCTV and othertechniques, all linked together and accessible via theInternet – is here to further increase security forpeople, products and different types of product flows.Read more about new security technologies used byGunnebo on pages 9-18.

THE FOLLOWING STORY I was told by a colleague is agood example of what new technology has to offer interms of saving time and increasing convenience. Wewere at the IFSEC security fair in Birmingham inmid-May where, amongst other things, we launchedGunnebo Entrance Control’s immigration gateImmSec with a multi-biometric scanner:

WE HAVE A TEST INSTALLATION of our new ImmSecsystem at an airport in Asia, and queues for themanned border controls were unusually long thisparticular Friday afternoon. It was taking between oneand two hours to get through. There were no queuesat the ImmSec gate, and in the distance stood a veryold lady with heavy hand luggage, wondering what todo next. Finally, she slowly started making her waytowards our ImmSec gate, and our representativerushed forward to stop her and tell her that she wouldhave to wait in the now very long queue. At whichpoint she produced her passport containing all thenecessary biometric IDs, and quickly passed throughthe ImmSec immigration gate. A lot of people in thequeue asked our representative what she had done,and what they could do to get through that quicklynext time.

Without a doubt, most people are likely quite soonto get a passport with one or more biometric ID systemson it…

Pleasant reading

JANERIK D IMMING

DIRECTOR OF GROUP COMMUNICAT ION

GUNNEBO AB

G U N N E B O G L O B A L

3

Eurofence strengthens Gunnebo’smarket position in FranceGunnebo is following its establishedstrategy of growing within thePerimeter Protection business area.The latest acquisition is France’sEurofence, which has strengthenedGunnebo’s position on the Frenchmarket considerably.

In the past, Gunnebo Perimeter Protec-tion has enjoyed only modest sales inFrance. The acquisition of Eurofence givesGunnebo Perimeter Protection broaderaccess to the French market, with a totalmarket share of around 10 per cent.

Eurofence’s product range mainly com-prises welded fencing, posts and gates.Production takes place at a modern plantin north-east France. The company wasfounded in 1972 and has a turnover ofaround 20 million euro. Eurofence has135 employees in France.

“Eurofence will be a solid platform for

continued growth on the French market.We’ll also be able to sell Eurofence’s heavyand light welded mesh on other markets,”says Philip Mozes, head of the GunneboPerimeter Protection division.

TURNOVER DOUBLED

With the Eurofence deal, Gunnebo hascarried out two major corporate acquisi-tions in Perimeter Protection over the lastyear. Elkosta was acquired in April lastyear, and altogether annual turnover in thedivision has doubled, now amounting tojust over a billion Swedish kronor (about110 m euro).

“This is an important acquisition in thescope of the strategic plan we establishedfor Gunnebo Perimeter Protection lastyear. We’re gaining a significant marketposition in France, as well as a partiallynew product range,” Philip Mozes conclu-des.

Eurofence, manufacturer of fencing and posts,for example, strengthens Gunnebo’s position inFrance.

As banks focus more on providingfinancial advice, opportunities areopening up for other players to takeover services relating to banknoteand coin management. SecuritasVärde has therefore developed theCash Shops concept, whereby allbanks in a town join forces anddirect business customers’ cashflows, such as deposits and coinpayments, to the Cash Shop.

The first complete Cash Shop in Swedenis located in Borås in the west, and it ope-ned in March 2005. Local small andmedium-sized business customers candeposit their day’s takings, pay in coinsand change notes for coin rolls 24 hours aday, 7 days a week.

“Customers have reacted very positive-ly, especially to the improved availability,”says Joakim Berg, local manager for Secu-ritas Värde in Borås and Jönköping.

The idea is that every medium-sizedtown in Sweden should have one or moreCash Shops within a few years, and the

concept is also interesting for many otherEuropean markets.

“For Securitas, it’s vital that the town’sbanks support the concept. We don’t wantto compete with the banks’ operations, orwant them to use our service to competebetween themselves. Instead we want to be acomplement. Our vision is for banks to stophandling cash and transfer that flow to us.”

It was no coincidence that Gunnebo

subsidiary Rosengrens supplied the equip-ment for the Cash Shop in Borås.

“We have a long-standing relation withRosengrens through our service-box opera-tion. Over the years we’ve resolved manyproblems together and the quality has beenconsistently high. Gunnebo has marketedits bank automation solutions well, andcan deliver a total solution that fits in seam-lessly with the Cash Shop concept.”

Cash Shops for business customers

Sweden’s first Cash Shop opened in Borås. “Customers havereacted very positively,” says Joakim Berg, local manager atSecuritas.


4

Göran Gezelius new CEO of Gunnebo

Business leader with awealth of experience

After 25 years at two of Sweden’s leading compa-nies and working on many international markets,Göran Gezelius has seen a great deal, and has apositive view of how the top companies are run.


5

Flower courier, examiner andsecurity guard, and business areamanager at Sandvik and AtlasCopco. These are just some of thejobs on Göran Gezelius’s CV.

So what is Gunnebo’s new CEOreally like? What is his background,and what are his views on running acompany?

Göran Gezelius took up the position asPresident and CEO of Gunnebo securitygroup on 2 May. He is 55 years old andwas born and bred in Bromma, just outsi-de Stockholm. He has a degree in econo-mics from the Stockholm School of Eco-nomics and a degree in chemical engineer-ing from the Royal Institute of Technolo-gy, also in Stockholm. In 1982 Gezeliusstarted working at Sandvik, where he stay-ed for 20 years.

“I worked with handtools, saws andother tools all through thattime,” he says. “I’ve worked inproduct development, forexample, I’ve been marketingdirector at Seco Tools and spent10 years as head of Sandvik’sSaws and Tools business area.”

Sandvik is a technical compa-ny with a worldwide reputa-tion, and Gezelius feels he hasgained many important experi-ences from working there.

“It’s a classic, well-respected, profitablecompany with a very strong corporate spirit.It was like a home from home for many ofthe co-workers, and I’m sure a lot morecompanies would like their staff to have thatsense of identifying with the company.”

For the past four years Göran Gezeliushas held the position of Senior ExecutiveVice President of Atlas Copco and head of

the Industrial Technique business area. In2004, the operation had a turnover of 10.5billion Swedish kronor (1.15 bn euro) andcustomers in automotive, other assem-bly/construction industries and the buil-ding sector.

“They were global customers, who arevery demanding,” says Gezelius, “especiallywhen it comes to having products installed,tested and serviced anywhere in the world.

“Atlas Copco has a similar culture toSandvik, although we were slightly moreprocess-oriented in our approach to allissues and at all levels.”

EXPERIENCE FROM SEVERAL INDUSTRIES

In addition to his many years as an engi-neer and business leader in the engineeringindustry, Göran Gezelius has also workedin several other sectors. When he was astudent, for example, Gunnebo’s newCEO tried his hand at various jobs inclu-

ding flower courier, library assi-stant, hospital orderly, tableclearer, supply teacher, account-ing and advertising teacher, andas an assistant in the SwedishAir Force and at the Royal Insti-tute of Technology.

He has even been an exami-ner at the Stockholm School ofEconomics in cost and revenueanalysis.

“In fact I’ve even been a secu-rity guard on occasion. Perhaps that’s whyI’ve subconsciously been led to the securi-ty industry and Gunnebo,” he jokes.

He has a wife Vannie, a social worker,and four grown-up sons aged between 19and 27. The four boys are spread aroundthe world and currently live in the USA,Russia, Belarus and Sweden. The youngestwill be graduating from high school in his

home town of Sandviken in the early sum-mer, and the family will be moving west tothe Göteborg region in the autumn.

“Bearing in mind that I’ve spent at least100 days a year travelling for the past 20years and have commuted weekly for thepast nine years, it’s easy to appreciate mywife’s contribution to the family,” saysGöran Gezelius.

Göran Gezelius has devoted most of hisfree time to his family and the children’sactivities – football, bandy (a kind of ice-hockey), tennis and music. Other interestsinclude being outdoors, preferably in themountains, both in summer and winter,and historical literature.

After 25 years at two of Sweden’s lead-ing companies and working on manyinternational markets, Göran Gezelius hasseen a great deal, and has a positive view ofhow the top companies are run.

“I’ve seen very little back-stabbing andinternal politics. It’s always been veryopen, with no nepotism, and appoint-ments have been based solely on professio-nal merit,” he says.

“But I’ve also learnt not to rely too muchon ‘experts’, and I’ve realised that it’s moreand more important to express yourself insimple terms and get straight to the point.”

MORE MORAL COURAGE

Göran Gezelius has gained many importantexperiences as a business leader, and he doeswork according to a few guiding principles.

“The vast majority of people who havethe right conditions always try their best. Ifyou make a mistake, just admit it and moveon. Nobody is perfect, thank goodness.

“If there is one thing I’d like to see moreof, it’s moral courage, both in business andin society in general. It’s one of the truescarcities of our age.”

Bjarne Holmqvist handedover the reins as President andCEO to me on 1 May.

Since I began at Gunneboon 1 April, he has been a sour-ce of knowledge and contactsin the security industry. I amvery grateful for this extensive‘acclimatisation’.

On 15 June Bjarne will beleaving Gunnebo AB, partly fora well-earned holiday and also

to concentrate on his own busi-ness and board assignments.

Many co-workers have hel-ped build today’s Gunnebowith a focus on security pro-ducts and systems. However,without Bjarne’s vision, drivingforce and stamina, Gunnebowould not be what it is today.

Bjarne has made someadmirable achievements.

As anyone who has ever

met Bjarne knows, he is stillfull of energy and will be avery active, valuable Chair-man of the Board of Gunne-bo Industrier and member ofthe Board of Gunnebo AB –and is sure to start up plenty

of his own projects.There are many of us who

wish Bjarne good luck in hisfuture career, and would liketo thank him for all his finework for Gunnebo AB.

GÖRAN GEZELIUS

Thanks Bjarne!

“I’ve realised

it’s more and

more important

to express

yourself simply

and get straight

to the point”

6


This year’s Gunnebo AGM was a bigthank you and farewell show forthe departing President and CEO,Bjarne Holmqvist. It was alsofarewell to Gunnebo Industrier,which is now moving on as anindependent listed company.“It’s been a very enjoyablejourney,” said Holmqvist, whoduring his 12 years as CEO helpedincrease the company’s turnoverfrom nothing to today’s 7.3 billionkronor.


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Over 300 shareholders came to Chalmers stu-dent union to take part in Gunnebo AB’s 2005AGM. Apart from major owners like Vätterle-den Invest and Stena, a host of medium andsmall shareholders were represented. They wereall offered refreshments, while live music wasprovided courtesy of Gunnebo’s own band befo-re the meeting began.

Gunnebo’s President and CEO Bjarne Holm-qvist had already announced his departure inMay. His successor has already been appointedand Göran Gezelius also attended the AGM, asdid many members of the company’s corporatemanagement. Bjarne Holmqvist’s address to theshareholders focused on Gunnebo’s develop-ment over the past 10 years and, of course,results and developments in 2004.

FROM FOUR TO 8,000

Holmqvist focused on areas such as Gunnebo’stransformation into a security corporation andthe powerful growth mainly between 1999 and2001, when France’s Fichet Bauche and theUK’s Chubb Safes were acquired.

“We have grown from four co-workers in1993 to over 8,000 today,” said Holmqvist.“The company has made acquisitions at the rateof one every three months in the past 10 years.

“Profit for 2004 was down on 2003, from 341to 337 million Swedish kronor. The figures wereaffected by negative currency effects of around20 million kronor and increased steel pricesamounting to approximately 15 million kronor.We’ve been able to pass on a high proportion ofthe increased steel prices to customers in our pri-ces, but not all.”

SATISFIED INVESTORS

Gunnar Ek, who represents the Swedish Share-holders’ Association, wasmore than satisfied with whatGunnebo has accomplishedover the years. He gave a spee-ch of thanks to Bjarne Holm-qvist and Board ChairmanRoger Holtback, acknowled-ging their fine achievements.

“Gunnebo as a company hasgrown by over 100 per cent a

year on average,” he said. “It has been an excep-tional journey under exceptional management.”

The AGM decided to re-elect all members ofthe Board. The Board elected by the AGM com-prises Roger Holtback, Nils-Olov Jönsson,Mikael Jönsson, Sten Langenius, Martin Sval-stedt, Lena Olving and Bjarne Holmqvist.

Perhaps the most important decision takenat the AGM was the dividend for the year.Normally a nominal value per share is deter-mined, and this year there was an extra divi-dend to shareholders on the table.

The proposal to deconsolidate GunneboIndustrier, whereby one share would beallocated for every five shares already held inGunnebo AB, was also voted through una-

nimously (see pages 20-21). At some pointthis summer Gunnebo Industrier will be lis-ted on the Stockholm Stock Exchange’s ‘O’list, thereby making Gunnebo’s sharehol-ders the owners of a new company. The divi-dend for Gunnebo shares was set at SEK2.25 per share plus shares in GunneboIndustrier AB.

Dividend 2004: SEK 2.25 per share and shares in Gunnebo Industrier AB

Gunnar Ek.

From 0 to 7 billionLast Gunnebo AB AGM for CEO Bjarne Holmqvist

Shareholders’comments:

Paul Larsen, Frösakull,Halmstad:“I think Gunne-bo’s a goodcompany andI’m for thedeconsolida-tion of Gunne-bo and Gunnebo Industri-er. It’s right for Gunneboto focus exclusively on itssecurity business.”

Barbro and LennartWinell, Göteborg:“We’repleasedwith ourinvestmentin Gunne-bo shares.The share price has cer-tainly developed well,which is what you lookfor as a shareholder.”

Conny Malmbro,Göteborg:“I’ve ownedGunnebo sha-res off and onand with hind-sight I shouldnever havesold any. The share priceis rising all the time. I’mfor deconsolidating Gun-nebo Industrier, it’s toosmall a part of Gunneboand will develop better onits own. I’m planning tokeep my shares and buymore too.”

Ingela Forsman,Göteborg:“This is thefirst time I’vebeen to a Gun-nebo AGM,I’ve had myshares forthree years. I’m pleased,as the share has develo-ped well and the dividendis good.”

Henrik Nilsson,Göteborg:“Getting sha-res in an addi-tional compa-ny as a divi-dend is agreat bonusfor us shareholders.”


8

Gunnebo has developed a newrange of security products forhomes and small businesses.“Private homes and smallbusinesses are becoming an increa-singly important security market,and we want to be a player in thissector,” says Martijn Zandvliet,product manager for the newSecureLine product area.

SecureLine is a range of bur-glar- and fire-resistant pro-ducts and of outer perimeterprotection products intendedfor another type of user thanthe traditional banks andfinancial institutions. Homesand small businesses do notrequire the most high-gradedsafes certified for extremelyhigh values. There is, however,a great demand for securityproducts in a different pricecategory and with a differentlevel of availability on the market.

STORES AND MAIL ORDER

“SecureLine is a range that’s sold throughcompletely different channels than our tra-ditional bank products,” says Martijn Zand-vliet. “The products will be sold in retail sto-

res, through Internet and by mail order.” The project managers behind SecureLine

are approaching several different types ofdealers, catalogue companies, retailers andInternet stores that are of interest as distri-butors for the products. In the case of mailorder companies, these are organisationsthat sell office equipment, who also usual-ly target larger organisations, as well asmail order companies that focus on hard-ware e.g. paint, tools and similar areas. In

consumer retail, there aremany conceivable types ofstockist.

“SecureLine is soldthrough security dealersand locksmiths, largedepartment stores and DIYstores, for example.”

SecureLine comprisesanti-theft, burglary andfire-resistant safes, frombasic general safes to secu-rity-graded products in awide variety of sizes. The

fire-resistant products also come in a rangeof sizes. On some local markets outer peri-meter protection is also part of the offer.

“We have everything from small fire-resistant safes for, say, diplomas and certi-ficates, to larger safes for higher volumes.These safes are certified to protect paper

and CDs for up to two hours in a fire.”The fact that Gunnebo is now targe-

ting a new type of end-user with securityproducts is partly due to a shift in the pro-duct range at retail stores, but also becau-se security consciousness has increased onall levels in society. As Martijn Zandvlietexplains, ten years ago you hardly saw asafe in an ordinary shop.

“The focus on security issues is increa-sing in general terms because of the waythe world is today. And as security pro-ducts become more easily available, notjust to specialists, it gets easier for all kindsof companies to protect their valuables.”

ENTIRE RANGE

“SecureLine is an entire range in itself,one that’s not primarily intended for ourcustomers in the banking sector, forinstance. There are still customers whoneed safes of the highest security grade,but there are also a lot who can get by witha lower level of protection – and it’s forthem we’ve created SecureLine.”

SecureLine was launched about a yearago and is sold in many markets. It is stilltoo early as yet to ascertain how the newrange has been received.

“We’ll have definite figures in a year orso, but reactions to date have been verypositive,” Martijn Zandvliet concludes.

SecureLine – a range for the private market

“Securityconsciousness has increased on all levels in society”

9

Using new technology is currently one ofthe most important conditions for main-taining a leading position on the securitymarket. Most Gunnebo subsidiaries workwith some form of research and develop-ment, and the main task of the engineersis to identify profitable technology andfind new ways of applying it to develop agood security product.New technology is used to develop brandnew products such as immigration securi-

ty gates and cash handling systems, butcan also be a way of developing traditio-nal security products. For example, bankscan now replace standard safe depositboxes with robotic versions, there are safeswith code locks based on biometrics, andentrance control systems where swipecardshave been replaced by fingerprints. The question is, what does the futurehave to offer?

Tomorrow’s technologyis already here!

Ω Ω Ω

G U N N E B O G L O B A L T H E M E - N E W T E C H N O L O G Y


10

RFID is a technology for tra-ceability which was used evenduring the Second WorldWar. Allied aircraft were fittedwith tags to distinguish themfrom enemy aircraft on theradar screen.Identificationusing radio fre-quency has comea long way sincethose days.Nowadays thetechnology isused in areas suchas animal bree-ding (identifica-tion, health con-trol), motorways(automatic pay-ment systems) and in industry(monitoring and automation ofproduction lines).

Intelligent tags are also inthe process of revolutionisingthe logistics industry. Theymake it possible to track pal-lets, boxes and other productsremotely through the entiredelivery chain, from ware-

house to point of sale.In many cases RFID will

replace conventional barcodesin industry and the logisticssector. The difference betweenthe two methods is that an

RFID tag canboth receive andsend informa-tion, and theinformation inthe tag can alsobe altered. Onemajor advantagefrom a logisticalviewpoint is thatseveral hundredtags can be readsimultaneouslyin one second,

without physical contact andregardless of the item’s posi-tion or packaging.

MANY APPLICATIONS

The security industry hasmany different applications forthis technology. RFID trans-mitters are used in vehicleaccess control, for example,

and the technology can also beused in advanced anti-theftsystems.

ACTIVE TAGS

Gunnebo subsidiary FichetSécurité Electronique usesactive tags which have theirown power source and trans-mit a permanent ID signal.The system is used to help pre-vent theft or removal of com-puters and other office equip-ment, medical equipment andartwork. It also enables securi-ty personnel to track and keepan inventory of the equipment.Radio receivers for the signalsemitted by the tags inform per-sonnel in real time if an item isin a particular area. When con-trolling fleets of vehicles orlarge numbers of computers,the system can detect whetheran item is leaving or arriving.

However, information isnot enough. The main benefitof the solution from FichetSécurité Electronique is that atotal solution has been develo-

ped, which enables interactionbetween the RFID applicationand the other security applica-tions (access control, CCTV,surveillance etc.).

SURVEILLANCE

A company might, for instan-ce, have all its laptop compu-ters fitted with a tag, and a co-worker can leave the area withtheir laptop without raising analarm. If another co-workerwere to leave with the samelaptop, the alarm would how-ever be set off. Using a tagwhich checks that the objectmatches the swipecard, thesystem can prevent items lea-ving the area, record imagesusing surveillance cameras andobtain a history of events usingthe surveillance software.

Another application area forthe RFID technology is securi-ty control on work processes.For example, at a French air-port a team of at least threepeople must be present tosupervise entry to the duty-free

One of the likely major technologies oftomorrow in the field of security is RFID, RadioFrequency Identification.

With intelligent tags and communication viaradio waves, RFID technology opens up a host ofexciting applications in the security industry.

Intelligent tags and communication via radio waves are the foundationof RFID technology, which is likely to play an important role in thesecurity sector in the future.

“Intelligenttags are

revolutionisingthe logistics

industry”

Radio Frequency Identification

– a tried and tested technology with more, new application areas


11

zone. With intelligent RFIDtags, staffing levels can be con-nected to an alarm. If the num-ber of people wearing tags isbelow the permitted mini-mum, the alarm is activated.

RFID technology is alsoexpected to play a vital role inretail. As soon as a deliverytruck passes the RFID detec-tor, the stock figures will beupdated with the quantity sup-plied. Customers will no long-er need to empty their shop-ping trolleys at the checkout:items will be registered by thedetector and the stock figureadjusted accordingly.

RFID technology willimprove transparency in thesupply chain, control of exist-ing equipment and securitylevels for people and property.RFID will soon be an indis-pensable tool in all kinds ofareas. A practical, welcomeassistive technology.

There are othermethods of identifyingand tracking goods thanRFID.

Fichet SécuritéElectronique inBordeaux has installed agoods-tracking solutionfor French logisticscompany Geodis, basedon video surveillance.

Geodis is one of Europe’sbiggest transport and logis-tics companies, with termi-nals across France. Fast, secu-re transport with the smallestpossible margin of error is akey part of the company’scustomer service. Trackingand monitoring are thereforeextremely important, andGeodis in south-west Francehas chosen a Fichet SécuritéElectronique solution forthree of its logistics terminals.

“We have installed thesystem at two terminals inBordeaux and one in Perpig-nan,” says regional securitymanager Dominique Camil-le at Geodis in Bordeaux.“We’re also planning toinstall it at other locations.”

CODES AND SURVEILLANCE

The system is based on bar-codes and video camera sur-veillance, which are linkedtogether via a gateway.When a consignment isreceived at a warehouse, thebarcode is scanned and ente-red in the Geodis computersystem. In the meantime theconsignment is forwarded toits final destination, and oneor more cameras photograph

it. Every time the consign-ment is scanned on its waythrough the warehouse, theinformation is also stored ona data medium.

“If a consignment goes

astray, which does happennow and again, we can justuse the barcode to automati-cally view all the photos forthat package anywhere in theprocess. It’s a fast, easy pro-cess which enables us to opti-mise our search,” says Domi-nique Camille.

Each of the three terminalshas a large number of CCTVcameras installed. All in all,the orders encompassaround 75 cameras set up at

strategic locations. But thecameras do not only registerconsignments: they alsomonitor the entire ware-house area and loading bays.

“We can check that nounauthorised person canaccess the goods, and we canalso discover if somethinggoes wrong during loadingand unloading, therebyenabling us to remedy theproblem quickly and increa-se productivity.”

QUICKER TO TRACK

The personnel at Geodis seedirect gains from having thenew security solutions at itsterminals. It is now farquicker to track down mis-sing consignments and thenew method eliminatesmuch of the old paperwork.

“Having the system at allour facilities is part of Geo-dis’ security policy,” saysDominique Camille, “andwe’re extremely pleased withthis solution, which meanswe can react more swiftlyand keep our customersmore satisfied.”

Fichet Sécurité Electronique hasdeveloped a solution which enablesthe RFID application and theother security applications, such asaccess control in a security gate, tocommunicate with each other.

Many options fortracking goods

Dominique Camille at logistics company Geodis in Bordeaux isvery pleased with the solution installed by Fichet Sécurité.

All goods entering the terminalin Bordeaux are scanned andregistered by a video camera.


12

“We can use RFID and GPRS technologyor the Internet, but it would be wrong tofocus on developing that kind of techno-logy. Our mission isn’t to reinvent existingsolutions, but to apply these technologies,become experts at them and adapt themfor the security market,” says LaurentMussilier, President of FSE.

IMPORTANT WORK

There are around ten engineers at FichetSécurité Electronique’s research and deve-lopment department, and the work theydo is absolutely essential. It is they who,alongside the marketing department, haveto find and identify the new technologythat will ensure FSE remains a winner onthe integrated security market.

“Our job is to choose the right techno-logy and use it for a fully comprehensivesecurity solution,” says Laurent Mussilier.The aim is to make life, work and the orga-nisation simpler for our customers.”

Apart from keeping an eye out for newtechnical innovations on the market, the

research and development departmentalso designs and develops the systems thatmake up the very core of FSE’s operation,and gets them to ‘talk to’ these new tech-nologies.

INNOVATIONS FROM INDUSTRY

The innovations often come from outsidethe security sector, such as the industrialworld. The laser detector was originallyused in harbour areas to prevent collisions

between lifting cranes, and in industry toidentify faulty products on a conveyor belt.Consequently, it is a strong, reliable pro-duct that works in extreme environments.

In an integrated security solution, thelaser detector is used outdoors to observeintrusion at a workplace. When the intel-ligent detector is linked to a system of sur-veillance cameras, it is also possible to fol-low an intruder’s movements automati-cally. This enables the customer to opti-

Fichet Sécurité Electronique in France

Where future technologybecomes tomorrow’s products

“When it comes to

electronic security and

integrated solutions, all

the systems are depen-

dent on each other”Laurent Mussilier, President of Fichet Sécu-rité Electronique, FSE.

Getting different innovative technologies to communicate and worktogether in the best way for the customer – that’s the mainphilosophy behind research and development at Fichet SécuritéElectronique, FSE.


13

mise the number of guards and preventunnecessary personnel response.

Another area of application can befound among increasingly mobile custo-mers, who want access to security infor-mation from the workplace, wherever theymay be situated at the time.

INTEGRATING EXISTING WORK TOOLS

One of the products of the engineers’efforts at FSE’s R&D department is thatpocket computers and mobile phones havebeen integrated as work tools. These tools,which are in fact intended for the generalpublic, are based on standard communica-tion systems such as WiFi, GPRS andTCP/IP. The added value for FSE’s partlay in enabling the security systems tocommunicate via everyday equipment,thus enabling company directors to be‘hooked up’ wherever they are, and makethe necessary decisions using simple,lightweight devices.

“This is where we have to be best. Weshouldn’t only develop and master themost effective technologies, but primarilyhelp adapt these technologies to the custo-mer’s actual needs. This calls for continu-ous presence and follow-up.”

This approach is nothing new to FSE.All the core systems have been designed todevelop and communicate with eachother. ARCANA, the central system forseveral applications, was originally an

innovative anti-intrusion system thatintegrated several transmission networkseven in the 1990s. Since then new func-tions have beenadded, such as accesscontrol and automa-tic door opening,and the productiontechniques havebeen reviewed andoptimised. All basedon the same princi-ple: guaranteeing thecustomer greatercompatibility, i.e.developing theirexisting systems rather than replacing themevery time a new version comes along.

The rate of development is increasing, andthe engineers at the R&D department haveto produce new applications based on thesenew technologies as quickly as possible.

“Speed is a vital competitive edge for us,”explains Laurent Mussilier. “Any applica-tions we test reach the market very quickly.”

SPECIAL TEAM SET UP

However, new technology is not onlyabout the fine art of technical engineering,but equally about understanding the custo-mer’s operation. When FSE meets a poten-tial customer, that customer generally hasan idea of what type of security is needed.

FSE has therefore set up a team whose

job it is to analyse and familiarise them-selves with the specific needs of eachmarket segment, and in particular the

customer’s demandsand industrial sector.

“Our customers sellfinancial products,manufacture clothingor develop new medicaldrugs, they don’t workin security. They per-ceive security as a neces-sary evil, a cost item,”says Pascale Ghezy-Prost, head of sales andmarketing at FSE.

COMPREHENSIVE SOLUTIONS

“Our primary aim is to put our customersin a position to conduct their businessunmolested, so that they in turn can servetheir customers better, increase clientloyalty and conquer new markets. Ourstrategy is to develop a comprehensivepackage of products and services thatbring our customers a quick payback ontheir investments, while also guaranteeingthem maximum operational continuity. ”

This is why FSE has to be far more thanjust a leader in security. The companymust deliver solutions that are not onlytechnically unimpeachable, but also pur-pose-built, so that the added value appliesto customers as well.

The increasingly mobile customers wantaccess to security information from the work-place, wherever they may be at the time.

14


Biometrics is perhaps the technology thathas had the greatest impact on thesecurity industry in recent years. Biometric identification is now used inmany different products which requiresome form of authorisation.

There are several different methods foridentification which use the biologicaluniqueness of individual human beings. Fingerprinting, iris/retina scanners andface scanners are some of the mostsecure methods.

Biometric identification andmachine readable travel documentsmake passport control faster andmore secure.

Gunnebo Entrance Control’sautomatic immigration gate,ImmSec, has attracted a great dealof attention worldwide.

An increasing number of countries havealready introduced, or are planning tointroduce passports with some form ofbiometric identification that can be readelectronically. This type of document isreferred to a machine readable travel docu-ments, MRTD. Gunnebo Entrance Con-

trol has developed products that can beinterfaced to biometric ID systems such asiris, facial, fingerprint or hand geometryrecognition systems.

The traveller places their passport,which contains their unique biometricdata, into the passport reader for dataextraction. The ImmSec allows the travel-ler to enter the first stage of the automaticclearance process whilst confirming onlyone person has entered. Next they lookinto a camera and/or place their finger orhand onto the appropriate biometric rea-der. The passport authorisation systemthen compares the biometric informationtaken from the passport to the physical

information from the reading devises.Both sets of data are now processed to con-firm cross match plus check the resultsagainst known watch lists of persons notallowed automatic entry. If all is confir-med correct and matches, the ImmSecopens the exit doors to allow the travellerto complete their passage into the countryof arrival.

ImmSec is a system that boasts highlyadvanced technology. In addition to bio-metric ID, the automated immigrationgate has a integrated single person detec-tion that verifies single person occupancywithin the gate no matter if the traveller iscarrying baggage.

Advanced technology behind new passport control

At Gunnebo’s head office inGöteborg, personnel don’t need toremember keys or a pass to getinto work.

All they need are their fingers.

A while ago Gunnebo’s head office replacedits old entrance with a SkyRitz security gatefrom Ritzenthaler, equipped with a codelock linked to fingerprinting. So instead ofhunting for keys or a swipecard in themorning, personnel simply place their fing-er on a scanner and the door opens auto-

matically. Even the normal entrances in thestairwells are now opened using finger-prints. Entrance control is connected toSite Master, a fully integrated system forcameras, alarms and entrance control.

Traditional systems usually require acode as well as a fingerprint, but thesystem at Gunnebo’s head office is onlinewith the database, so a press of the fingeris all that’s needed to open the door.However, a code combined with a finger-print is needed to switch the building’salarms on and off.

Keys at their fingertips


15

It is now possible to combineelectronic code locks withbiometric identification.

Gunnebo Physical Securityhas developed a code lock thatalso requires a fingerprintmatch.

Electronic code locks for burglar andfire-resistant safes have come a longway in recent years. More and morefunctions have been added to furtherincrease security. A new type of codelock has now been developed withthe added option of a fingerprintidentification solution.

CODE AND RIGHT PERSON NEEDED

“With a standard electronic codelock, each individual has his or herpersonal code,” says Michel Wuillai,product manager for locks at Gun-nebo Physical Security. “Add afingerprint scanner, and the lockwon’t open unless the correct code isgiven and the right person is present.

“This is primarily a solution forthe retail sector. Because retail gene-rally employs a lot of people and theturnover is high, it can be hard tomaintain a high level of securitywithout having to change codes allthe time. This is a good alternative asit ensures no one can pass on theircode to someone else.”

With a rising number of differentsecurity systems in retail, thereis also a growing need to gatherthe information from all thesesystems.

Rosengrens’ Spectra softwareis partly used to createintegrated security solutions forretail stores.

Retail security is an important new mar-ket for Gunnebo. The closed cash hand-ling system SafePay was launched acouple of years ago and last year’s acqui-sition of Gateway Security, which deve-lops article surveillance, were ways offurther extendingthe product range.And to offer custo-mers a completesolution,Rosengrens Larmhas also contribu-ted its solution.Spectra gathers allinformation aboutthe rest of thesystem in a singleplace.

“This makes itpossible to monitorall aspects of thesecurity system,”says Roine Wängs-tedt, head ofRosengrens Larm in Sweden. “Alarms,access control, CCTV cameras andcheckouts – all together in one system.”

MANY BENEFITS

There are many benefits in linkingtogether a store’s various security solu-tions into a single system. For examp-le, the system can connect each of thedifferent security solutions to signalsfrom other parts.

“One system can activate the otherin a specific course of events. If an attackalarm should be issued in one part of the

shop, it can send an alarm to a specificcamera which is activated. The systemthat opens and closes the doors, forexample, can also be connected.

“Other functions could include acamera that always starts recordingwhen the SafePay system is opened orthe deposit units are emptied, or acamera could be directed to take pictu-res as soon as the exit alarm sounds.”

INFORMATION STORAGE

Another important benefit is the abilityto access the system at a later stage andsee what happened in the various secu-rity systems at a particular time.

“All the systemskeep a log and themain system sto-res that informa-tion,” says RoineWängstedt. “So ifwe know that anincident tookplace in the store,we can simplycheck what hap-pened in otherparts right then.”

In purelytechnical terms, acentral computertakes care of com-municationbetween the diffe-

rent systems. Each system has a protocol through

which communication with the centralsystem takes place. The software is pro-grammed based on the customer’sexact preferences about how they wantthe different systems to work together.

“Virtually anything is possible,” saysRoine Wängstedt. “The owner of asmall store may want the alarm andsurveillance camera hooked up to theInternet, so that he or she can checkfrom home what’s going on if the alarmgoes off at night.”

New softwaremonitors retail systems

“The owner of a small store maywant the alarm and surveillance

camera hooked up to the Internetso they can check from home

what’s going on if the alarm goesoff at night”

Code and finger-print needed


16

Technological progress is the key tothe success of Gunnebo-ownedGateway, which supplies articlesurveillance systems for the retailtrade worldwide.

“25 per cent of the company’spersonnel work in the developmentdepartment,” says BengtJohansson, founder of Gateway.

Gateway Security AB is one of Gunnebo’slatest acquisitions. The company was pur-chased at the end of 2004 and is an impor-tant part of Gunnebo’s investment inretail. It is a company in which technolo-gy and technological progress have alwaysplayed an important role.

“We started the parent company ofGateway about 20 years ago,” says BengtJohansson who goes on to say that thecompany now has a turnover of around100 million Swedish kronor. “Technicaldevelopment combined with successfulmarketing are behind the growth. We’rethe only company on the market to workwith all three existing technologies and wealso have solutions that combine two tech-nologies in the same alarm system.”

MARKET LED

“It’s the market that leads technologicaldevelopment as it identifies what the needsare. We’re currently developing a brandnew type of system not currently found onthe market.”

At present there are three basic systemsfor article surveillance solutions:

• EM (Electro Magnetic) systems use thelowest frequency. The alarm element inthese systems is a magnetic materialwith a unique hysteresis curve. Thismakes it possible to distinguish overto-

nes from the field that comes from thistype of material.

• AM (Acusto Magnetic) systems create amagnetic field at 58 kHz. The alarm ele-ment is magnetised and vibrates when itenters the field between the antennas.This movement of a magnetised ele-ment causes a measurable signal in thesystem which registers the alarm ele-ment.

• RF (Radio Frequency ) systems create amagnetic field in the MHz range andthe alarm element is tuned to oscillato-ry circuits for the same frequency.When the alarm elements take in ener-gy from the field, they can be detectedby the system.

“Different solutions suit different pur-poses,” says Claes Kemmer, head of deve-lopment at Gateway Security. “The acustomagnetic system requires alarm tags of acertain volume, although the distancebetween the pedestals can be greater thanwith EM, for example.

“The alarm elements in the electro mag-netic system can be deactivated and reacti-vated, making them suitable for libraries,for instance.”

The latest addition on the technologicalfront is a combination of two of the techno-logies. RM, radio magnetic, technology isbased on a combination of radio frequencyand electro magnetic technology. This kindof system can be useful for stores wishing touse an EM system for perfume and jewelle-

ry and an RF system for clothing, forexample. However, a combination like thisplaces tough demands on the engineersdeveloping the alarm pedestals.

“The different systems have to be com-bined in such a way that they don’t inter-fere with each other,” says Claes Kemmer.“We’re also very dependent on the sur-rounding environment.

“In fact, one of the biggest problems isoften the store’s own spotlights, which canbe very strong sources of interference.Needless to say, you can’t just ask custo-mers to remove their lighting.”

ONE STEP AHEAD

The development department at Gatewayis continuously producing new functionsfor article surveillance, new applications tostay one step ahead of those who wouldcheat the system.

“Part of our work is based on thinkingabout what our ‘opponents’ might do,”Claes Kemmer explains. “A few years agothere was suddenly a wave of shoplifting inEurope where thieves used special foil-linedbags which stopped the alarms from beingactivated. We quickly had to produce asystem with a metal detector integrated inthe antenna, which set off an alarm if a foil-lined bag passed through the pedestals.

“Attempts are also made to deactivate thesystems using jamming transmitters. Thismeant we had to incorporate detection ofjamming devices into the system so an alarmsounds if someone tries to use one.”

Design and technical development are crucial factors in Gateway’s success, as the company’s ClaesKemmer and Bengt Johansson explain.

Developing article surveillance

systems for retail:

Gateway –always onestep ahead


17

Gunnebo Perimeter Protection’s EntraSecsliding gate is new even from a productionpoint of view. The other sliding gatesmanufactured for Gunnebo PerimeterProtection’s customers are essentially tai-lored to individual customer specifica-tions. The material is steel, and the gate iswelded together, protected against corro-sion with several treatments, and finallydelivered as a single piece. This is ademanding production method thatrequires a lot of space and special solutionsto transport the heavy finished gates.

OPTIMUM SOLUTION

EntraSec has been manufactured at theGunnebo Wego factory in Salzkotten, Ger-many, for three years now, and it gave riseto the idea of a better production method.The technical designers identified the opti-mum solution at an early stage: a light gatein a new material, produced as modules.

“All the components are pre-defined,pre-ordered aluminium profiles,” explainsHenrik Axelsson, project manager for thedevelopment of EntraSec at GunneboPerimeter Protection. “Each gate is con-structed on the basis of a modular systemusing a certain number of pre-determinedlengths and heights.”

Gunnebo Perimeter Protection buys in

ready-processed material direct from itssubcontractors, and assembles the modu-les in-house based on the specific prefe-rences of each customer.

“We’ve built up a new assembly depart-ment at Gunnebo Wego,” explains FrankStöhr, production manager at GunneboPerimeter Protection Manufacturing inSalzkotten.

“This is where all the standard profilesare put together into a bespoke product.

“This approach has afforded us more flex-ible production control. We don’t have todeal with the entire process from rawmaterial to finished system component.We’ve also built up a rigorous logisticalsystem for material sourcing, all of whichmeans we’ve been able to focus on finalassembly. And there’s still scope for speci-al orders. For example, we can order theparts in particular colours direct from oursubcontractors.”

The products are based on a modular system usinga number of pre-determined lengths and heights.

The modern production method enables a customised product which at the same time can be pro-duced efficiently based on each customer’s specific preferences.

New technology an advantage in productionNew technology is also a competitiveadvantage in production. With newproduction methods, GunneboPerimeter Protection has developeda flexible sliding gate while alsostreamlining the manufacturingprocess. At Gunnebo Fastening, newsurface treatment technology hasmade the nails more corrosionresistant and production moreenvironmentally friendly.

At Gunnebo Fastening’s plant in Gunne-bo, southern Sweden, new technology hasalso been used to develop a better product,one that moreover is manu-factured with less environ-mental impact than before.Electrogalvanising has previouslybeen the method of choice forsurface treatment of nailsand screws, but one of theold treatment lines has now been replacedby a brand new technique.

“In the new plant, electrogalvanisingis done with an alkaline zinc/iron pro-cess,” explains quality manager Roger

Jansson. “Combined with a chromium(III) chromatising stage and a specialtopcoat, we end up with a finish that

offers excellent corrosionresistance compared to thestandard process.”

The new techniqueoffers a host of benefits: it provides

a corrosion-resistant finish that is also freeof chromates (VI), which are now beingincreasingly prohibited for environmentalreasons. “There are bound to be directivesrestricting chromates (VI) in more areas,and by then we’ll already be exceeding therequirements,” he concludes.

Better product and lower environmental impact


18

In certain parts of the securitymarket, there are extremely highdemands on technologicallyadvanced solutions. Several ofGunnebo’s subsidiaries develop andproduce anti-terrorist products forhigh-security installations, such asmilitary bases and embassies.

“It’s about identifying weak pointsand developing solutions to securethem,” says Thomas Reinke, productmanager at Germany’s Elkosta.

Elkosta develops and sells products forpreventing unauthorised access. Some ofthe product range specifically focuses onsensitive installations with extremely highsecurity demands. These items includeroad blocks that emerge from under theground in two or three seconds, effective-ly stopping attempted intrusion.

“Our high-security gates, boombarriersand bollards can stop a truck travelling ata speed up to 80 kilometres per hour,” saysThomas Reinke. “Many of the productsoperate hydraulically and the system canbe controlled from a monitoring centre,for example.

“We have a technical department com-prising eight technicians and engineers, andhave focused intently on technological deve-lopment in recent years. We have now pro-duced a series of highly advanced products.”

THINKING LIKE A TERRORIST

The technicians and engineers have to goa long way to develop the right productsand identify the best solutions. They haveto think like the enemy, like a terrorist, tobe able to fully understand the kind ofsecurity requirements the customer has. Itis vital always to be one step ahead.“Abso-lutely. We build unique systems for eachcustomer,” Thomas Reinke explains. “Welook at the weak points in the customer’ssecurity system, and make them safe.”Gunnebo’s French subsidiary, Ritzentha-ler, also concentrates on technologicaldevelopment, focusing on anti-terrorist

products. At present, its developmentdepartment is testing abrand new series of securi-ty doors and windows forthe anti-terrorist market.In recent years Ritzentha-ler has received more andmore queries regarding itsexplosion-resistant doorsand windows, which wereoriginally developed forthe chemical andpetrochemical industry.“We’ve already made some modifications toour standard products and have tested themseparately for installation in embassies andother types of establishment,” says PatrickDherot, product manager for doors andanti-explosion products at Ritzenthaler.

“We have also now come further in deve-loping a more general solution for the anti-terrorist market. The technical solution isnot yet finalised, but the product will betested and ready to sell in the autumn.”

EXPLOSION-RESISTANT WINDOWS

There is a great challenge in refiningexplosion-resistant doors and windows sothat they also work in anti-terrorist appli-cations. For one the standards are not thesame, and the products have to be testedto different requirements using differentmethods.

“We can test industrial products at alarge test facility,” says Patrick Dherot,

“whereas anti-terrorist products have tobe tested outdoors aswell. The problem liesnot in the actual glass,but in the aluminiumprofile in the frame andhow well the glass andthe metal hold together.

“Another problem wehave to solve is insula-tion, as these windowsare not interior windows

like many of the ones wesupply for industry.”

CERTIFIED SOLUTION

The customers who buy explosion-resi-stant windows know what kinds ofdemands the products have to fulfil. Themain task of the engineers at Ritzenthaleris to develop a turnkey solution that fulfilsthe prevailing standard. “That’s what ourdevelopment department is working onnow. The key is to find a profile that is upto scratch, and then a solution for fixingthe window pane into the profile. Theoverall solution has to be officially certifi-ed, which is why we’ll be conducting arange of tests.

“Once we’ve received the demand speci-fication from the customer, the door or win-dow will have to withstand an explosion of100 kilos of explosives (TNT) at 25 metres,for instance. And we’ll have to have a com-plete product certified for just that.”

Testing of security windows.

Products developed by Elkosta include road blocks that emerge from under the ground, effectivelystopping attempted intrusion.

“It’s vital always to be one step ahead”

Security first


19

Gunnebo Industrier is addinganother product area to itsportfolio.

Following the acquisition ofTelesteps, Gunnebo Industrier nowalso produces and marketstelescopic ladders.

Gunnebo Industrier has acquired all sha-res in Telesteps AB. Telesteps, based insouthern Sweden, has a turnover ofapproximately 75 million Swedish kro-nor (8.2 m euro) and 22 employees.

The telescopic solution is based on aUK patented invention which was acqui-red in 1997 together with the sales rightsfor Europe, Africa, the Middle East andAsia Pacific. At present, the companymarkets a range for professional users,and a newly developed range for the con-sumer market has recently been laun-ched.

“Telesteps complements GunneboIndustrier’s current operation by adding a

new product area with strong develop-ment potential.

“We have the financial strength andindustrial expertise to ensure continuedrapid expansion on the global markets,”says Christer Lenner, President of Gunne-bo Industrier.

“We’re very pleased that GunneboIndustrier has acquired Telesteps and seegreat potential in further developing thebusiness together – in both the professio-nal and the consumer sector,” saysTelesteps’ MD and marketing directorChrister Johansson.

8.5 kilometres of wire-meshpanelling are needed to build asecure baggage handling system atHeathrow airport’s new Terminal 5.Much of the baggage will beconveyed underground and sometrolleys carts will be transported atspeeds of 10 metres a second.

Terminal 5 at London Heathrow is cur-rently under construction, and in fact con-sists of two buildings: a main building anda satellite. Inside the terminal, and especi-ally in the underground floors, an advan-ced baggage handling system is beingbuilt, which will carry bags from check-into the aircraft and even between terminals.The system is comprised partly of conven-tional conveyor belts, but also of high-speed transport tracks that convey bags on

carts one at a time. The carts travel atspeeds of ten metres per second, and thereare strict safety and security requirementsin the areas around the high-speed tracks.

Dutch company Vanderlande has beenawarded the contract to install the bagga-ge handling system, and it in turn has cal-led in Gunnebo Troax to supply the wire-

mesh doors and panelling to protect thetransport zone. Deliveries began in early2004 and will continue until spring 2006.By then the full order of 8.5 kilometres ofpanelling and some 450-500 doors willhave been delivered.

Gunnebo to deliver kilometres of wire-mesh panelling to Heathrow airport

Terminal 5 at Heathrow is currently under construction. This is where kilometres of wire-meshpanelling will be delivered.

Telesteps – a corporate acquisitionwith a new product area


20

Gunnebo Industrier was founded in1764 in Gunnebo, southern Sweden, bylocal magistrate Hans Hultman. Thecompany originally produced nails, slings,bolts and iron for the shipbuildingindustry. In 1844, Gunnebo went intoGerman ownership, a change which alsomarked the beginning of screw and chainproduction. One critical factor in thosedays was access to the raw material ironwire. The mill therefore also beganproducing iron wire which was processedinto machine wire.

During the 1850s and ’60s, the oldcluster-hammer mill Gunnebo was con-verted into a modern – by 19th centurystandards – machinery company. A sepa-rate nail factory was built, and the machi-ne wire produced in-house enabled a dra-matic increase in production.

BACK IN SWEDISH HANDS

At the end of the 1900s the mill was onceagain in Swedish hands. However, sometough years and unlucky business meantGunnebo was on the verge of ruin for seve-ral years, resulting in a number of corpora-te reconstructions. The final years of thecentury were however bolstered by good

business and overseas trade flourished. Gunnebo Industrier has long been a

publicly listed company, having beenregistered on the Stockholm StockExchange back in 1903. Business wasgood for most of the 20th century, butthere were also a few difficult years rela-ting to conflicts on the labour market in

the early 1920s and the major crisis in theearly 1930s.

The period from the Second WorldWar to the end of the 1980s was charac-terised by corporate concentration, struc-tural streamlining, product developmentand internationalisation.

During the same period, turnover inc-

Before cableways came along, ox-carts took care of transport between the different parts of themill and from Verkebäck railway station.

It’s time for Gunnebo AB and GunneboIndustrier to go their separate ways.The distribution of Gunnebo Industrierto shareholders entails the formationof a brand new listed company.

At the Gunnebo AB AGM on 31 March,it was decided that this year’s dividendwould not only comprise a nominal sumper share, but also the distribution ofGunnebo Industrier shares to sharehol-ders of Gunnebo AB. For Gunnebo AB,the deconsolidation means that the busi-ness in the remaining company is nowfully focused on profitable growth in thefour security divisions, while the publiclisting enables Gunnebo Industrier toconcentrate on its core business – fasten-ing systems, non-skid, lifting components

and systems for heavy lifting.A great deal of work has to be done

ahead of a public listing. Many aspectshave to come together for a company to beapproved by the Stockholm StockExchange’s committee and for the sharesto begin trading.

SEPARATE BOARD

At Gunnebo Industrier, the spring seasonhas been devoted to building the operationup into an independent company, free fromits former owners. A separate Board of Direc-tors has been appointed by the currentowner Gunnebo AB, with Bjarne Holmqvistas Chairman. A system has also beenestablished for communication and report-ing, agreements have been re-written andvarious types of policies have been drawn up.

There are several stages to the formal pro-cedure for transferring shares in a companylike Gunnebo Industrier to shareholders ina parent company like Gunnebo AB.

First of all, there is a final day for tradingshares in the parent company which includesa right to shares in the new listed company.

The following day is therefore the firstday of trading shares in the parent compa-ny that excludes the right to shares in thesubsidiary. There are then a couple of daysbefore the record date, i.e. the date whenyou have to be registered as a shareholderin the parent company to receive shares inthe new listed company.

For every five shares in Gunnebo AB, theshareholder will receive one share in Gun-nebo Industrier. A cash payment is madefor surplus shares not divisible by five.

Gunnebo AB and Gunnebo In

Gunnebo Industrier’s history – f

21


reased from just over SEK 20 million tojust over SEK 1 billion. When the mainowner, Industrivärden, decided to with-draw from the company in 1988, parts ofthe corporate management bought outthe company from the stock exchange.

The rest, as they say, is history: In 1995industrial conglomerate HIDEF Kapital

AB bought the Group, which at the timewas weighed down by debt. HIDEFchanged its name to Gunnebo while the‘old’ Gunnebo became the GunneboIndustrier division.

Ten years and seven acquisitions later,turnover has grown to over 1.2 billionkronor, the number of companies in the

Group has increased to 21 and a separatelisting on the stock exchange is onceagain on the agenda.

Gunnebo Industrier’s operations arecurrently managed within three units:Fastening, Lifting and Technical Pro-ducts, which comprises Blocks, Non Skidand Telesteps.

The foundry in the new workshop.

The cableway between the Upper and Lower mill from1902 was supplemented in the early 1910s by a 2 km systemrunning between the mill and Verkebäck railway station.

Gunnebo Industrier – facts & figures

Business units: Gunnebo Fastening (fasten-ing systems, mainly screws and nails),Gunnebo Lifting (chain and lifting compo-nents), and Technical Products (systems forheavy lifting, non-skid, telescopic products).Turnover in 2004: 1.2 billion Swedishkronor (130 m euro) approx.Operating profit in 2004: 100 millionkronor (10.8 m euro) approx.Number of employees in 2004: 1,145Gunnebo Industrier has companies in Swe-den, Norway, Finland, UK, Ireland, Germany,Poland, USA, Brazil, South Africa and Australia.Main markets: Sweden 28%, North America 17%, Finland 8%, Norway 8%,UK 6%.

ndustrier go their separate ways

The nail factory in Gunnebo.

from cluster-hammer mill to corporate giant

I N B R I E F · G U N N E B O G L O B A L

22

Union representatives on the Boardsof the Swedish Gunnebo companieswere calling for a course toenhance knowledge about theirBoard duties. HR managers in theGroup responded to their request,and 12 union representativesrecently gathered for a varied two-day course in Göteborg.

The subjects on the course agenda were nosimple matters: How is financial reportingcarried out in the Group? How should thefigures distributed in the Board materialbe interpreted? How do global develop-ments affect Gunnebo as a Group, andwhat expertise will be needed in the futu-re among the Group’s co-workers?

“Things happen so fast in the worldaround us and it’s not always easy tounderstand all the figures,” says Stig Ema-nuelsson, a member of the Board of Gun-nebo Protection AB whose everyday job isat the company’s factory in Ödeborg, wes-tern Sweden. “We have to analyse our ownsituation more – where are we now andwhere do we want to be in the future? Thisapplies to all of us at every level. We mustdevelop if we’re to remain competitive inthe future.”

There was a mixture of internal andexternal speakers. The first day began withgeneral information about the GunneboGroup with presentations by HR directorUlf Johnsson and Director of GroupCommunication Janerik Dimming.

“I think the way Gunnebo’s managed toput this course together has exceededexpectations,” says Göran Törnvall fromGunnebo Industrier. “So much has changedin the Group in recent years that we neednew means of keeping up with discussionsand debate subjects on the Board, and Ithink this course has provided thosemeans.”

Training for unionrepresentatives

12 union representatives gathered for a two-daycourse in Göteborg.

Chubbsafes’ product range in Australiahas been certified to Australian standardAS/NZS 3809.

Awareness of and interest in certifiedbrands has grown in Asia in recent years,and this is one of the main reasons whyGunnebo initially wanted to achieve certi-fication for safes and strongrooms.

The Australian certification will mainly

be used as a selling point on markets in theAsia Pacific region.

A presentation of Chubbsafes’ productswas held for Australian customers in Syd-ney to coincide with the certification, and,based on the response, sales of certifiedproducts are expected to rise sharply in2005.

Chubbsafes certified to Australian standard

New sports park protected by Alura

The new Sportpark Marco van Basten inUtrecht has been equipped with outerperimeter protection from Gunnebo Peri-meter Protection’s Dutch company Alura.Alura received the order, which includesalmost two kilometres of wire-mesh fen-cing in heights of between one and fivemetres, from the contractor Arcadis. Theorder also includes two sliding gates, fourhinged gates and six personnel gates.

Custom-made gates protect high-speed trainsAlura has delivered two large custom-made hinged gates for the new High SpeedLink between Amsterdam and Brussels.The large gates, which had to be deliveredby special transport due to their height,were recently installed at an emergencyplatform in Zwijndrecht, Belgium. Bothgates are 15 metres wide and three metreshigh, and have been manufactured atGunnebo Wego’s factory in Salzkotten,Germany.

Aguas head office securedWater company Aguas de Barcelona haschosen a complete security solution fromRitzenthaler for its futuristic new headqu-arters. Situated in a brand new 40-storeybuilding designed by architect Jean Nou-velle, the headquarters will be fitted with aSite Master SMI V7 controlling 290 cardreaders and over 2,000 passes. The build-ing will have high-security protection withentrance control, CCTV cameras andsecurity gates from Gunnebo EntranceControl.

Ferry crew can deposit cash

Norwegian Rosengrens has delivered a SafeCash Eco deposit machine to shippingcompany Fjordline. It has been installed onthe ferry between Bergen in Norway andHanstholm in Denmark. The crew candeposit their day’s takings from tax-freestores, cafés and restaurants on the ferry inthe Safe Cash machine, thereby avoidinghaving to cash up and register each till.Each crew member has a plastic card andidentifies him or herself before the notesare placed in the Safe Cash Eco. The depo-sit machine accepts bundles of up to 100notes, and sends a report of the amountdirect to the shipping company’s account-ing system. At the moment the machineonly accepts Norwegian banknotes, butthe system will be expanded in the autumnto accept Swedish, Danish and euro notesas well.

23

I N B R I E F · G U N N E B O G L O B A L

New names

By changing and modernising its rangeof wire-mesh panelling, Gunnebo Troaxwill streamline production, reducing itsrange of standard panels from 187 toaround 90.

Gunnebo Troax’s factory in Hillerstorp,Sweden, is currently making one of the big-gest production changes in the company’shistory. Rather than manufacturing thewire-mesh elements in seven, eight andnine different widths for machine protec-tion, construction products, and warehouseand industrial products respectively, all pro-ducts will now come in seven widths and thesame heights. This makes it possible to re-duce machine set-up times and therebystreamline production considerably.

All the wire-mesh elements in the vari-ous segments are divided into seven differ-ent widths, and some changes can also bemade to make the modules as similar aspossible in terms of production. The costsavings will be significant and with newinvestments in machinery the Troax facto-ry will enjoy even lower costs.

“Naturally cost savings are the mostimportant factor in the short term. But inthe longer term it’s also important that wehave a homogeneous range,” says MorganBarrington, marketing manager for Gun-nebo Troax. “What we’re actually doing ismerging the industrial and constructionranges and developing them further,resulting in a more flexible product port-folio that’s easier to sell.”

Gunnebo exhibited a combined concept for retail security at the major Nordic ElmiaFood Mart in early March. Gunnebo’s stand showed products such as the SafePayclosed cash handling system, alarm pedestals from Gateway and the Spectra alarmsystem.

Combined solution for retail security at Elmia

Changes in production lead to cost savings

Rosengrens agents from large partsof Central and Eastern Europerecently gathered in Munich to findout more about the product rangefor bank automation. The result wasa couple of productive days thatinspired new projects.

16 representatives for agents in Russia,Romania, Hungary, Greece, Albania,Estonia, Latvia, Croatia and Slovenia gat-hered in Munich for the big meeting. Thefirst day began with a general product pre-sentation, after which the participantsfound out more about products such asSafeNet software, the RSB 30 service box,the SafeCoin coin deposit machine andthe AVM robotic safe deposit box. Thesecond day focused on information about

cash handling online, in particular the newSafeCash.

Bank automation products are makingstrong progress in certain parts of Centraland Eastern Europe, particularly incountries such as Russia, Croatia, Roma-nia and Hungary. The agents who atten-ded were very pleased with the informa-tion day. It also resulted in a separate bankautomation day for customers in Bucha-rest and Budapest.

Productive meeting for agents in Central and Eastern Europe

Gunnebo Physical SecurityJörgen Abrahamsson has beenappointed MD of Gunnebo Sourcingand Production, Mora, Sweden.

Kent Schölin has been taken onas MD of Gateway based at thehead office in Motala, Sweden.

Gunnebo Integrated SecurityPatrick Kaidantzis is the new MDof Gunnebo Omega in the USA.

Didier Wallens has been appoin-ted MD of Securibel in Belgium.

Gunnebo Perimeter ProtectionGunnebo Perimeter Protection sho-wed strong growth in 2004 and hasnow changed its organisation inorder to support the various compa-nies in the best way. Gunnebo Peri-meter Protection has been dividedinto four sales areas – NorthernEurope, Western Europe, CentralEurope and International – and pro-duction now comes under a separa-te organisation.

Anders Karlsson has beenappointed head of Gunnebo Perime-ter Protection Manufacturing andSourcing.

Ian Butler has been employed ashead of Region Western Europe andbusiness development.

Sami Asani has been recruitedas procurement manager.

Jurgen Litjens has been appoin-ted MD of Alura, Gunnebo PerimeterProtection’s company in the Nether-lands, and Domenic Philipp theMD of the company in Switzerland.

Paul Green has been recruitedat Gunnebo Perimeter Protection UKand will be the company’s MD from1 July.

Gunnebo Asia PacificSacha de la Noë has been appoin-ted head of finance at the division’shead office in Singapore.

Manuel Mundl has taken up aposition at the division’s head officein Singapore as manager of BankAutomation, and Richard Zhou willbe based in Shanghai as head ofdevelopment on the Chinese market.

Gunnebo A

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eden.

“We have received market recognitionthrough the product’s sales development,and to now be nominated for the GrandDesign Award is tremendous,” says ConnyBorgström, sales manager at GunneboEntrance Control.

The aim of the award is to encourageSwedish companies to take advantage ofthe possibilities offered by industrialdesign, and to seize opportunities for inc-reased competitiveness. Previous winnersinclude the Volvo XC90 and the SonyEricsson T610.

Although first prize went to Movimen-to for their PUMA analysis system for the

automotive industry, it is still quite anachievement to come second in the toughcompetition between the final five short-listed products.

GOOD DEVELOPMENT WORK

“When we re-designed a square-shapedbox in the project group six years agoalongside design company T-Design,never in our wildest dreams did we thinkthat six years later it would account for aconsiderable proportion of GunneboEntrance Control’s sales revenue. Speed-Gate demonstrates the importance ofhigh-class design and functionality for

the customer segments we operate in,and is a good example of GunneboEntrance Control’s innovative develop-ment and design,” says ConnyBorgström.

MANY KEY CUSTOMERS

Today, Gunnebo Entrance Control is oneof the world’s leading manufacturers andsuppliers of entrance and access controlsystems, with key customers such as Erics-son, IBM, underground systems and air-ports around the world, as well as majorsports and leisure facilities such as RealMadrid’s home stadium.

Johan Holmqvist, head of marketing at Gunnebo Entrance Con-trol, Conny Borgström, sales manager Nordic region GunneboEntrance Control, and Göran Gezelius, President and CEO ofGunnebo AB, behind the award-winning SpeedGate.

Microsoft AB’s head office in Kista, Stockholm, chose SpeedGates fromGunnebo Entrance Control in its reception area.

Classic designprofitable2005 is the Year of Design in Sweden So what could be more fitting than a nomination forindustry organisation Teknikföretagen’s Grand Award ofDesign?

Gunnebo Entrance Control was one of the five finalists inthe award with its SpeedGate.

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