Programmera and Giga become Yarrow


Ratos's associated company Programmera and Giga Group has changed name to Yarrow. The change of name is part of the work to integrate the two companies.

Yarrow is a Stockholm-based IT company which focuses on the banking, financial services and insurance sectors.

Yarrow combines technical expertise with industry-specific experience. All Yarrow's customers, including those outside the financial market, conduct technically demanding projects. Yarrow has 130 employees and annual sales of approximately SEK 120m.

Ratos's holding in Yarrow is 39 %.

For further information, please contact:
Arne Karlsson, CEO, +46 8 700 17 00
Clara Bolinder-Lundberg, Corporate Communications and Investor Relations,
+46 8 700 17 63 or +46 70 719 84 43