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INDUS Holding AG

Regulatory Filings Sep 18, 2019

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News Details

Media | 18 September 2019 08:56

INDUS Holding AG: INDUS subsidiary Peiseler celebrates 200 years of company history: Precision is in demand worldwide

DGAP-Media / 18.09.2019 / 08:56

INDUS subsidiary Peiseler celebrates 200 years of company history: Precision is in demand worldwide

Bergisch Gladbach, 18 September 2019 – Peiseler GmbH & Co. KG, a subsidiary of the INDUS Group, is celebrating its 200th anniversary. Founded in 1819 as a filing and rasping manufacturer, Peiseler has developed into one of the world’s leading mechanical engineering suppliers and innovation leaders in standard and special designs of sub-assemblies. Since 2017, the company from Remscheid has operated under the umbrella of the INDUS Group, which has taken over 80 percent of the company. “Under the direction of Dr. Benedict Korischem and Lothar Schwarzlose Peiseler developed from a normal craft business into a hidden champion, especially in the last 20 years”, says Dr. Johannes Schmidt, CEO of the INDUS Group.

Precision of up to one arc second is possible with the Peiseler positioning and sub-assemblies, which corresponds to the 3600th part of a degree. The customers come from the mechanical engineering, but also from the luxury watch sector or the engine construction of the formula 1. Also manufacturers in the medical range, for example of implants and braces, manufacture with sub-assemblies of Peiseler. “The reason for the success lies above all in the technological lead”, says Dr. Benedict Korischem. “Our own development department takes care of the innovations. We educate our junior staff in technical and commercial occupations ourselves. They get our special ‘Peiseler gene’ from the beginning.

About INDUS Holding AG:

Established in 1989 and headquartered in Bergisch-Gladbach, INDUS Holding AG is an SME holding company which concentrates on the long-term development of its portfolio companies. The industry focus is on construction and infrastructure, automotive technology, mechanical and plant engineering, medical engineering / life sciences as well as metals technology. As a leading specialist for sustainable corporate development, INDUS attaches great importance to the operational autonomy of its 46 portfolio companies. Since 1995, INDUS Holding AG has been listed in the Prime Standard of the Frankfurt Stock Exchange (DE0006200108); in 2018, the Group generated revenues of around EUR 1.7 billion. For more information on INDUS, visit www.indus.de .

Contact:

Mandy Lange & Julia Pschribülla

Public Relations & Investor Relations

INDUS Holding AG

Kölner Straße 32

51429 Bergisch Gladbach

Germany

Tel +49 (0) 022 04 / 40 00-31

Tel +49 (0) 022 04 / 40 00-66

E-mail [email protected]

E-mail [email protected]

www.indus.de

End of Media Release


Issuer: INDUS Holding AG

Key word(s): Enterprise

18.09.2019 Dissemination of a Press Release, transmitted by DGAP – a service of EQS Group AG.

The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.

Archive at www.dgap.de


Language: English
Company: INDUS Holding AG
Kölner Straße 32
51429 Bergisch Gladbach
Germany
Phone: +49 (0)2204 40 00-0
Fax: +49 (0)2204 40 00-20
E-mail: [email protected]
Internet: www.indus.de
ISIN: DE0006200108
WKN: 620010
Listed: Regulated Market in Dusseldorf, Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 875247
End of News DGAP Media

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