Teleflex Completes Acquisition of Nordisk Aviation Products

Teleflex Completes Acquisition of Nordisk Aviation Products

Teleflex Incorporated (NYSE:TFX) announced today that the company has completed the previously-announced acquisition of Nordisk Aviation Products a.s.(Nordisk), a world leader in developing, supplying and servicing containers and pallets for air cargo. A subsidiary of Norsk Hydro, with headquarters in Norway, Nordisk has annual revenues of over $55 million and provides air cargo equipment to more than 150 airlines worldwide. This transaction combines the air cargo container products of both Teleflex and Nordisk. These combined businesses will operate as Nordisk Aviation Products, a Teleflex Aerospace company, with Nordisk and Telair ULD product lines. Tomas Vigeland, the current president of Nordisk, will become managing director of the new business unit.

About Teleflex Aerospace

Teleflex Aerospace is a division of Teleflex Incorporated with more than 1,200 employees and operations in five countries, and customers worldwide. The division is composed of Telair International, which provides cargo-handling systems for both narrow body and wide-body aircraft, Telair California, which like Nordisk, provides cargo containment solutions and sophisticated products for actuation, and Airfoil Technologies International, which provides repair services for flight turbine components.

About Teleflex Incorporated

Teleflex Incorporated is a diversified company that designs, manufactures and distributes quality-engineered products and services for the aerospace, commercial, and medical markets worldwide.

Headquartered in Limerick, Pa., with operations in 24 countries, Teleflex employs more than 23,000 people worldwide who focus on providing innovative solutions for customers. Additional information about Teleflex can be obtained from the company’s website at www.teleflex.com.

Caution concerning forward-looking information:

Statements in this news release, other than historical data, are considered forward-looking statements under the Private Securities Litigation Reform Act of 1995. These statements are subject to various risks and uncertainties that could cause actual results to differ from those contemplated in the statements. These factors are discussed in the company’s Securities and Exchange Commission filings.

Contacts

Teleflex Incorporated
Julie McDowell
Vice President Corporate Communications
610-948-2836