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Gefran M&A Activity 2017

Jun 12, 2017

4059_rns_2017-06-12_981e8374-527d-4784-9ab2-8b3af6377760.pdf

M&A Activity

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Informazione
Regolamentata n.
0136-37-2017
Data/Ora Ricezione
12 Giugno 2017
10:44:08
MTA - Star
Societa' : GEFRAN
Identificativo
Informazione
Regolamentata
: 90656
Nome utilizzatore : GEFRANN02 - FRANCESCHETTI
Tipologia : REGEM
Data/Ora Ricezione : 12 Giugno 2017 10:44:08
Data/Ora Inizio
Diffusione presunta
: 12 Giugno 2017 10:44:09
Oggetto : Gefran: Supply Agreement of inverter for
23 million euro with a primary international
manufacturer of
Testo del comunicato

Vedi allegato.

Gefran: Supply Agreement of inverter for 23 million euro with a primary international manufacturer of elevators

Provaglio d'Iseo (BS), 12 June 2017: Gefran Spa announces an important contract for supplying inverters with a leading international manufacturer of elevators

The inverter is an electronic device that mounted in the lifts regulates the operation of the electric motor, allows the control of speed and position, and guarantees remarkable energy savings.

The agreement foresees the production of inverters for the American market and will have a duration of 3 years, for a total value of approximately 23 million euros.

The inverters destined for this supply will be produced entirely in Italy, in the Gefran site of Gerenzano (Varese); the first deliveries are planned in 2018.

Contacts:

Giovanna Franceschetti Investor Relations Gefran SpA, Via Sebina 74 25050 Provaglio d'Iseo (BS) Tel +39 030 98881 Fax + 39 030 9839063 [email protected] www.gefran.com

POWER EMPRISE Srl Via B. Panizza, 5 – 20144 Milano Tel +39 02/39400100 Erminia Cannistrà Cell. +39 340.8684279 [email protected] www.poweremprise.com

The Gefran Group operates directly on the main international markets, through sales branches in Italy, France, Germany, Switzerland, the UK, Belgium, Spain, Turkey, the US, Brazil, China, Singapore, India, and through manufacturing branches also in Germany, Switzerland, Brazil, the US and China. The Gefran Group currently has more than 800 employees.

The key factors behind Gefran's success are specialist know-how, design and production flexibility, capacity for innovation and the quality of its processes and products. With total control of process technology and application know-how, Gefran creates instruments and integrated systems for specific applications in various industrial sectors, including plastics processing, food, pharmaceuticals, and packaging and diecasting machines.

Gefran, which has been listed on the Italian Stock Exchange since 9 June 1998, became part of the STAR (high-requisite stock) segment in 2001 and has been listed since 31 January 2005 in the ALL STAR class (which became the FTSE Italia STAR Index on 1 June 2009).