Aurubis AG

M&A Activity • Apr 29, 2011

News Details

Ad-hoc | 29 April 2011 16:15

Aurubis AG: Aurubis acquires Rolled Products Division of Luvata Group

Aurubis AG / Key word(s): Acquisition

29.04.2011 16:15

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.

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Aurubis acquires Rolled Products Division of Luvata Group

Hamburg, April 29, 2011 - Aurubis AG has signed an agreement to acquire the
Rolled Products Division of Luvata Group ('Luvata RPD'). The acquisition
price is depending on value of the Net Working Capital at the time of
closing and is expected to amount to EUR 200 - 250 million. Luvata RPD
produced about 160,000 tons of copper and copper-alloy sheets, strips and
plates and generated sales of about EUR 1 billion in 2010. With main
production sites in Finland, the Netherlands, Sweden and the United States,
additional service centers in China and Italy and a global sales network,
the division employs about 1.100 employees. The transaction is subject to
customary regulatory approvals.

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Language: English
Company: Aurubis AG
Hovestrasse 50
20539 Hamburg
Deutschland
Phone: +49 (0)40 / 78 83 - 31 78
Fax: +49 (0)40 / 78 83 - 31 30
E-mail: m.kartenbeck@aurubis.com
Internet: www.aurubis.com
ISIN: DE0006766504
WKN: 676650
Indices: MDAX
Listed: Regulierter Markt in Frankfurt (Prime Standard), Hamburg;
Freiverkehr in Berlin, Düsseldorf, München, Stuttgart

End of Announcement DGAP News-Service

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