Regulatory Filings • Nov 29, 2007
Regulatory Filings
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Press release TKH Group N.V. (TKH)
TKH announces it has acquired a 49% stake in Observision, located in Heteren (The Netherlands) and a 100% stake in Klan Security System, located in Herlev (Denmark). With these take-overs TKH has made an important step in strengthening its position in security-solutions.
Observision develops new generation integrated security solutions, based on video and audio technology for automatic detection. Observision has locations in The Netherlands and the United States and generates an annual turnover of € 2 million.
Klan Security System (Klan) provides high quality CCTV- and access control solutions in the security-segment. The company has an annual turnover of € 2 million. Klan and TKHoperating company VMC will jointly operate in Denmark under the name VMC Klan.
Both Observision as well as VMC Klan will be part of the Building Solutions-segment within the Technical Trading Group of TKH. The acquisitions will be financed from TKH's existing cash reserves.
These takeovers strengthen TKH-group's portfolio of camera systems. The know how from both companies in the field of security issues can be very well used to expand the activities in the growth segment security, as defined by TKH.
TKH aims to grow the share of security solution in the turnover from 5% to 20% in the coming 3 to 5 years. With the unique technologies of Observision in the field of video- and audio-detection as well as image analysis, combined with the existing presence of the TKH operating companies in Europe and Asia, TKH expects an acceleration of the growth of the security segment in the coming years.
Haaksbergen, 29 November 2007
Executive Board
For further information: J.M.A. (Alexander) van der Lof MBA, Chairman of the Executive Board tel. + 31 (0)53 5732901 Website: www.tkhgroup.com
Calendar
12 March 2008 Publication annual figures 2007 6 May 2008 Trading update Q1 2008 7 May 2008 General Meeting of Shareholders 29 August 2008 Publication interim figures 2008 20 November 2008 Trading update Q3 2008
Technical solutions provider, TKH Group NV (TKH) is an internationally operating group of companies specialised in creating and supplying innovative Telecom, Building and Industrial Solutions.
The activities in the form of technologies, know-how, products and added value such as consulting, development, assembly and delivery of systems, form the building blocks for innovative solutions. These activities are concentrated in three groups: the Technical Trading Group, the Cable Group and the Machinery Group. At TKH the solutions play the central role, not the kind of activity (group).
The Telecom Solutions consist of solutions ranging from basic infrastructure to home networking applications, for both the outdoor and indoor telecom (ICT) -markets.
The Building Solutions comprise solutions ranging from efficient electrical engineering to ICT systems for the health care sector. In this segment TKH concentrates on cable systems and networks, intercom systems, nurse paging systems, access control and electricity distribution.
The Industrial Solutions consist of advanced solutions for production automation, car and truck tyre building systems and industrial applications in the field of speciality cable and cable accessories.
The 43 companies in the TKH Group are active all over the world. Its growth is concentrated on North West and Eastern Europe and Asia. In 2006 TKH secured a turnover of € 686 million with 2,961 employees.
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