BTS signs agreement with Thule Group - a world leader in solutions for an active life

Stockholm, Sweden BTS Group AB (publ.), the global leader in accelerating
strategic alignment and execution is proud to announce that it has signed an
agreement with the Thule Group, world leader in products and brands that make it
easy for people to transport their equipment securely, safely and in style, with
its headquarters in southern Sweden. The agreement is worth approximately 3 MSEK
and will be delivered during 2010 and 2011.
 
BTS has been asked to develop and implement a program that will support a
transformation of the Thule Groups sales organization.
 
"The Thule Group has moved very in recent years in the transition from being
linked mostly to the automotive industry to become more of a consumer and retail
focused organization. With the addition of several strong consumer product
segments and brands over the last few years and with new retail sales channels
now accounting for the dominant share of our sales, we saw a need to further
develop the competence and skills of our sales organization. We chose to do this
together with BTS because of their strong track record in similar projects with
other global leading companies." says MR. Magnus Welander, CEO Thule Group.
 
"We are proud that Thule has given BTS the opportunity to assist them in the
development and implementation of such an important initiative." says MR. Henrik
Ekelund, VD BTS Group AB. "We are world leaders in discovery based training and
have the capability to support our customers with substantial delivery resources
and international competence on a global basis, something highly appreciated by
our customers."
 
For more information, please contact;
 
Thomas Ahlerup                        Fredrik Erlandsson
 
Senior Vice President                 Senior Vice President
 
Investor and Corporate Communications Communications
 
BTS Group AB                          Thule Group
 
Mobile+46-768 966 300                 Mobile: +46-703 090 021
 
E-mail: thomas.ahlerup@bts.com        E-mail: fredrik.erlandsson@thule.com
 
About Thule Group
Thule Group is a world leader in products and brands that make it easy for
people to transport their equipment securely, safely and in style. Under the
motto Active Life, Simplified, Thule Group offers products within four business
areas: Carry Solutions (laptop and camera bags, backpacks etc), Vehicle
Solutions (roof racks, bike racks, ski boxes, snow chains etc), Work Solutions
(ladder racks, tool boxes etc) and Towing Solutions (towbars and trailers). The
Thule Group has about 3,500 employees at more than 50 production facilities and
sales offices worldwide. In 2009 sales amounted to SEK 5.8 billion.
Find out more atwww.thule.com
 
About BTS Group AB
BTS partners with leading companies to accelerate strategy alignment and
execution, innovating how organizations learn, grow and improve. BTS is the
world leader in customized business simulations and discovery-based learning
solutions that enable leading corporations to grow and become successful through
change and improvement processes.
 
BTS adds value to its clients through three practice areas: Strategic
Alignment & Business Acumen, Leadership & Management, and Sales Force
Transformation.  BTS also has strong capabilities in Operational Excellence &
Project Management and offer an innovative Engage for Change process. BTS has
more than 250 highly talented employees serving more than 400 clients including
40 of the US Fortune 100 companies and 25 of the Global Fortune 100 largest
corporations in the world. In 2009 BTS revenues was SEK 595 million. Recent
selected BTS clients include AT&T, Ericsson, Kimberly-Clark, Nokia, Sony,
Toyota, Unilever and Xerox.
 
BTS serves its clients from Stockholm, Oslo, Helsinki, Brussels, London, Madrid,
Bilbao, New York, Stamford, Philadelphia, Scottsdale, San Francisco, Chicago,
Mexico City, Johannesburg, Sydney, Melbourne, Singapore, Bangkok, Seoul,
Shanghai, Taipei and Tokyo.
 
BTS is a public company listed on the NASDAQ-OMX Stockholm and trades under the
symbol BTS B.
 
For more information please visit www.bts.com.
 
[HUG#1449908]
 
Press release PDF: 
http://hugin.info/132982/R/1449908/391594.pdf
 
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Source: BTS Group AB via Thomson Reuters ONE