Koenig & Bauer AG

M&A Activity • May 29, 2006

News Details

Ad-hoc | 29 May 2006 15:27

Koenig & Bauer AG: KBA subsidiary Bauer+Kunzi planning to acquire metal decorating specialist LTG-Mailänder

Ad hoc announcement transmitted by DGAP – a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. —————————————————————————— Metal-decorating press manufacturer Bauer+Kunzi GmbH in Ditzingen near Stuttgart, a successful supplier to the metal decorating industry since 1974, and since 2003 a subsidiary of the Würzburg printing press manufacturer Koenig & Bauer AG (KBA), is pursuing plans to acquire the full assets of Stuttgart-based LTG Print Systems Holding GmbH, including the latter’s active metal-decorating supplier LTG-Mailänder GmbH & Co KG and the associated sales subsidiaries in Italy, Great Britain and Japan. The recently signed acquisition agreement, a transaction valued in the lower two-digit million Euro range, is to be implemented by transferring the holding of the London-quoted parent company LTG Technologies PLC. The deal is currently still subject to the expected approval of the German Federal Cartel Office. The acquisition of metal decorating specialist LTG-Mailänder is the logical continuation of the strategy charted over recent years by Koenig & Bauer AG, the parent company of Bauer+Kunzi GmbH, namely to flank the core competence demonstrated in a strong market position in the high-volume sectors for sheetfed offset, commercial web offset and newspaper printing with targeted acquisitions strengthening its role in niche markets less dependent on the general economic and advertising climate. (c)DGAP 29.05.2006 ————————————————————————— Language: English Issuer: KOENIG & BAUER AG Friedrich-Koenig Straße 4 97080 Würzburg Deutschland Phone: +49 (0)931 909-4835 Fax: +49 (0)931 909-6015 email: bernd.heusinger@kba-print.de WWW: www.kba-print.de ISIN: DE0007193500 WKN: 719350 indices: SDAX Listed: Amtlicher Markt in Frankfurt (Prime Standard), München; Freiverkehr in Berlin-Bremen, Düsseldorf, Hamburg, Stuttgart End of News DGAP News-Service —————————————————————————