Aurelius SE & Co. KGaA

M&A Activity • Dec 9, 2008

News Details

Corporate | 9 December 2008 12:55

AURELIUS subsidiary Schabmüller purchases AC motor operations from Sauer Danfoss

AURELIUS AG / Acquisition

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• Takeover as of 1 January 2009
• Revenue growth of around EUR 25 million
• New jobs created at Berching and Asch sites

Munich, 9 December 2008 – Munich-based industrial holding AURELIUS is
taking over AC motor operations from the American Sauer Danfoss Group via
its subsidiary Schabmüller as of 1 January 2009. After already acquiring DC
motor operations from Sauer Danfoss in March 2007, which became the
subsidiary Schabmüller, AURELIUS has now added the AC motor operations. As
part of the takeover, production is to be transferred from Odense in
Denmark to the Berching and Asch sites.

Dr. Dirk Markus, CEO of AURELIUS, views the transaction as an important
milestone: 'Great progress has been made over the last 18 months after the
realignment of Schabmüller. The company is on a growth track and is now
even creating new jobs in Germany again.'

Schabmüller Group revenue is to increase from just under EUR 40 million to
in excess of EUR 60 million as a result of the acquisition. In addition,
the production capacity at both Berching and Asch is set to double to more
than 200,000 electric motors every year. Although AC technology currently
only accounts for around ten percent of Schabmüller revenue, in the coming
year it will generate about half of the subsidiary’s revenue.

The company’s products are primarily used in fork-lifts, yachts as well as
in generators and components for hybrid systems. With this acquisition,
Schabmüller Group is both growing in the AC motors market, a market that is
becoming increasingly important, and boosting its competitive position as a
technology innovator, particularly against competitors based in countries
with low labor costs. On top of current customer projects, the company is
also taking over production machines, for instance stator winding lines,
which are ideally suited for producing the newly designed generation of
motors for hybrid projects. In cooperation with development partners, this
move allows the company to secure a leading role in the markets of
tomorrow.

For further information on AURELIUS please contact:

Ingo Middelmenne
Investor Relations & Corporate Communications
Phone +49 (89) 544799 - 56
Fax +49 (89) 544799 - 55
ingo.middelmenne@aureliusinvest.de

About AURELIUS AG

AURELIUS AG based in Munich, Germany, is a Frankfurt stock exchange listed
industrial holding company. AURELIUS acquires and actively develops
medium-sized companies and business units that no longer belong to the core
business of their previous owners. These include corporate spin-offs and
divestitures, as well as companies with operational improvement potential.
Through its operational in-house team, AURELIUS enhances the value of its
portfolio companies to the benefit of all stakeholders taking into account
corporate and social responsibility. The shares of AURELIUS AG are traded
on the open market of the Frankfurt stock exchange (ISIN: DE000A0JK2A8).
09.12.2008 Financial News transmitted by DGAP

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