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Press release

Green Landscaping Group divests subsidiary

Green Landscaping Group

Green Landscaping Group AB (publ) has divested 100% of the shares in the subsidiary Svensk Jordelit Aktiebolag to the group Svevik Industri.

In connection with the strategic review of its operations in Sweden, Green Landscaping Group has decided to divest the company Svensk Jordelit Aktiebolag and its Norwegian subsidiary Jordelit AS. The buyer of Jordelit is Svevik Industri. Jordelit sells products for the maintenance of green areas and sports grounds.

"The completed divestment of Jordelit strengthens Green Landscaping Group's focus on the core business of landscaping and maintenance for public customers." – says Johan Nordström, CEO, Green Landscaping Group.

In 2025, the companies generated net sales of SEK 117 million. The total purchase price for the transaction has been paid in cash. The divestment does not result in any material impact on earnings from profit or loss of divested assets.

Green Landscaping Group has divested 100 percent of the shares in Svensk Jordelit Aktiebolag and its Norwegian subsidiary Jordelit AS with immediate completion.

The information was submitted for publication, through the agency of the contact person set out below, at 11:00 CET on January 30, 2026.

Contact
Marcus Holmström, CFO, Green Landscaping Group
+46 (0) 73 065 03 62, marcus.holmstrom@greenlandscaping.com

About Us
Green Landscaping Group AB (publ) is a home for entrepreneurs working with ground maintenance, green space management and landscaping. It is a multinational Group with the spirit of small company entrepreneurship that has been created by acquiring successful companies with these qualities: skilled in their trade and professionally run, strong local ties, sound values and a track record of sustainable profitability. The Group has approximately 3,000 employees and net sales amounted to SEK 6.2 billion for 2025. The shares are listed on Nasdaq Stockholm with the ticker GREEN. For more information visit www.greenlandscaping.com

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Jordelit
Jordelit Logo Green Rgb 1800px@72ppi

Attachments
Green Landscaping Group divests subsidiary

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