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M&A Activity Jun 27, 2007

183_rns_2007-06-27_b50662cf-5560-4101-bd68-9ed433e68e1f.html

M&A Activity

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News Details

Corporate | 27 June 2007 10:00

ARQUES Austria takes over internationally operating Rohé Group

ARQUES Industries AG / Acquisition

Release of a Corporate News, transmitted by DGAP - a company of EquityStory
AG.
The issuer / publisher is solely responsible for the content of this announcement.


ARQUES Austria takes over internationally operating Rohé Group

  • Already second ARQUES acquisition in Austria in 2007 after Schöps
  • Transaction with sales volume of more than EUR 100 million
  • Rohé Group with more than 1,000 employees in 19 companies

Vienna/Starnberg, June 27, 2007 – ARQUES Austria, the Austrian subsidiary
of the Starnberg-based equity investment company, ARQUES Industries AG
(ISIN DE0005156004), has taken over all shares in the internationally
operating filling station provider, Rohé, with headquarters in Vienna. The
parties agreed not to disclose the purchase price. The transaction is
subject to the approval of the relevant cartel authorities.

'With this acquisition ARQUES has shown that transactions of EUR 100
million and more belong to normal business practice nowadays. Therefore
considerably larger takeovers with sales volumes of more than EUR 1 billion
are conceivable in the near future,' said Dr. Martin Vorderwülbecke, ARQUES
Industries AG executive board chairman.

Rohé, founded in Germany in 1949, is the largest independent,
internationally operating service provider for filling stations in Europe.
Rohé specialises in the building, installation and maintenance of
hydraulic, electric and electronic systems for filling stations and car
wash facilities. The group generated revenues of more than EUR 100 million
in 2006 with more than 1,000 employees. Revenues and results are to be
significantly increased within the coming years. Rohé is represented in 19
countries with own subsidiaries and a total of more than 50 branches. Aside
from Germany and Austria, the geographical focus lies on the growth markets
in eastern Europe, south-eastern Europe and the former CIS states. The
service provider maintains more than 10,000 filling stations and more than
3,000 car wash facilities. Rohé’s longstanding customers include large
international oil companies.

ARQUES subsidiary manager, Jan Satek, who has already successfully
restructured another ARQUES subsidiary, the plant manufacturer Hottinger,
and Michael Wieser will be appointed managing directors of Rohé to
supplement the existing management. ARQUES sees large optimisation
potential in the operational processes, in particular within the entire
logistics.

'We are convinced that the strategic added value resulting from ARQUES’
restructuring and eastern Europe know-how combined with the technological
expertise of the Rohé group will continue to develop the leading role in
the central and eastern European growth markets and to further establish
Rohé’s position as market leader', Jan Satek said.

The take over of Rohé is already the eighth ARQUES group transaction in
2007. ARQUES has acquired companies with a sales volume totalling more than
EUR 400 million. ARQUES furthermore expects to report consolidated revenues
of at least EUR 1.5 billion for the current financial year.

PricewaterhouseCoopers acted as Lead Advisor for the vendors.

About ARQUES Industries:

ARQUES Industries AG, Starnberg, (www.arques.de), is a turnaround
specialist who focuses on the acquisition and the active restructuring of
companies in transitional situations, in order to develop these, with its
own team and own resources, to competitive enterprises with a positive
yield. ARQUES revitalises its subsidiaries' potential for creating value
for the benefit of all its stakeholders, taking on the relevant social
responsibility. ARQUES has made a duty of identifying underestimated
companies with reduced survivability but with high appreciation potential,
at the same time mastering complex company structures and transitional
situations. The shares of ARQUES Industries AG are traded in the regulated
market (Prime Standard) of the Frankfurt Stock Exchange under the symbol
'AQU' (ISIN: DE0005156004) and are listed in the SDAX since September 19,
2005.

Contact:

ARQUES Industries AG
Investor Relations & Corporate Communication
Anke Lüdemann, CEFA/CIIA
Tel.: +49 (0) 8151/ 651 0
Email: [email protected]

Christian Schneider
Tel.: +49 (0) 8151/ 651 0
Email: [email protected]
DGAP 27.06.2007


Language: English
Issuer: ARQUES Industries AG
Münchner Str. 15a
82319 Starnberg Deutschland
Phone: +49 (0)8151 651-0
Fax: +49 (0)8151 651- 500
E-mail: [email protected]
Internet: www.arques.de
ISIN: DE0005156004
WKN: 515600
Indices: SDAX
Listed: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin-Bremen, Hamburg, Düsseldorf, München, Stuttgart

End of News DGAP News-Service


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