M&A Activity • Apr 17, 2009
M&A Activity
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keywords: Mergers - Acquisitions - Takeovers/Company Information
------------------------------------------------------------------------------- ad-hoc disclosure transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------------
In the course of ongoing international expansion Semperit AG Holding takes over the remaining 26% of the shares of Sempertrans Nirlon, India, from its former local joint-venture partner. This transaction makes Semperit the sole shareholder of Sempertrans Nirlon.
Sempertrans Nirlon manufactures textile conveyor belts and targets mainly the Indian home market. In 2008 the installation of a complete new production line almost doubled the capacity. This investment constitutes the basis of further growth in India as well as for increased export to the whole Asian region.
| Further inquiry note: Semperit AG Holding Michael Wolfram Tel.: +43 (1) 79 777-583 |
Mobile: +43 676 871 55 83 E-mail: [email protected] |
|---|---|
| emitter: | Semperit AG Holding Modecenterstrasse 22 A-1030 Wien |
| phone: | +43 1 79 777-210 |
| FAX: | +43 1 79 777-602 |
| mail: | [email protected] |
| WWW: | www.semperit.at |
| sector: | Synthetics & Plastics |
| ISIN: | AT0000785555 |
| indexes: | WBI, ATX Prime, ViDX |
| stockmarkets: stock market: Börse Frankfurt, Börse Stuttgart, free trade: Börse Berlin, official market: Wiener Börse AG |
|
| language: | English |
| Aussendung übermittelt durch euro adhoc | |
|---|---|
| The European Investor Relations Service |
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