UET United Electronic Technology AG

Board/Management Information • Aug 22, 2011

News Details

Corporate | 22 August 2011 16:00

CFC Industriebeteiligungen AG: Change in Management Board of CFC Industriebeteiligungen AG

CFC Industriebeteiligungen AG / Key word(s): Change of Personnel

22.08.2011 / 16:00

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Dortmund, 22 August, 2011

On August 21st 2011, the supervisory board of CFC Industriebeteiligungen AG (ISIN: DE000A0LBKW6), Dortmund, decided with immediate effect that Marcus Linnepe will as of now be the sole executive board member of the company. Werner Neubauer, whose core responsibility used to be the electronics business, leaves the company due to different understandings on further acquisitions and divestments as well as the strategic alignment of this business segment.

CFC anticipates that current economic challenges will lead to increasing insecurity on global markets in the next months. In order to realise the resulting opportunities by means of acquiring additional attractive companies, the executive board plans the generation of additional liquidity, which on a short- to medium-term perspective will be generated by divesting parts of the portfolio.

Contact:

CFC Industriebeteiligungen AG

Westfalendamm 9

44141 Dortmund

Jan Philipp Gieselberg

Tel: + 49 (0) 231 222 40 500

E-Mail: info@cfc.eu.com

End of Corporate News

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136527  22.08.2011