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Gigaset AG

Earnings Release Nov 5, 2007

183_rns_2007-11-05_006115c8-bfc1-4a32-886a-ddd1fedc7f31.html

Earnings Release

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News Details

Corporate | 5 November 2007 07:55

ARQUES buys leading telecommunications distributor, NT plus AG

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 buys leading telecommunications distributor, NT plus AG

  • German market leader with revenues of EUR 450 million on profitable basis

  • ARQUES expands successful commitment within distribution segment

Starnberg, November 5, 2007 - ARQUES Industries AG has taken over the
largest German telecommunications distributor, NT plus AG. The sellers are
United Internet AG and Neue Medien Ulm Holding GmbH, who are to concentrate
on their core business in the future, as well as three smaller
shareholders. NT plus AG, with headquarters in Osnabrück, is a sustainably
profitable wholesale dealer in the telecommunications segment and generated
revenues to the value of EUR 450 million in 2006. The parties agreed not to
disclose the purchase price. The transaction is subject to the usual
approval of the Federal Cartel Office.

NT plus AG is the market leader in distribution in the German
telecommunications specialised trade. The company, founded in 1990, has a
broad customer and supplier base consisting of more than 12,000 active
specialised trade partners as well as more than 10,000 mobile
communication, network marketing, navigation, terminal equipment, office
equipment, telecommunications equipment and systems, and PMR products of
120 manufacturers and network operators.

The purchase offers ARQUES Industries AG the opportunity to extend its IT
distribution segment through the addition of the telecommunications
segment. Experts are expecting the information technology and
telecommunications markets to grow closer together. The management of NT
plus AG and the Actebis group will define growth strategies together in
this regard. ARQUES is planning the initial public offer of the Actebis
Group in 2008.

'The purchase of NT plus was an opportunity which we simply could not
afford to miss. In this case, ARQUES also proved itself as a business
partner for safe and fast transactions and has allowed the sellers to
concentrate on their core business. NT plus, together with Actebis, offers
us clear growth potential. We were able to reach one of the Actebis growth
goals faster than expected', said ARQUES executive board member responsible
for acquisitions, Dr. Michael Schumann.

'In ARQUES we have found a reliable business partner who will strategically
develop NT plus AG which is very well positioned on the market and who
offers the company good future prospect', said Michael Scheeren, member of
the supervisory board of United Internet AG.

In 2007 ARQUES has acquired companies with annual revenues of EUR 4
billion. The annualised group revenues thereby rose to more than EUR 4.5
billion.

About ARQUES:

ARQUES Industries AG, Starnberg, (www.arques.de), is a business partner of
conglomerates regarding company spin-offs and 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. 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 MDAX as of October 1, 2007.

Contact:

ARQUES Industries AG
Investor Relations & Corporate Communication
Anke Lüdemann, CEFA/CIIA
Email: [email protected]

Public Relations
Christian Schneider
Email: [email protected]

Tel.: +49 (0) 8151/ 651 0
05.11.2007 Financial News transmitted by DGAP


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: MDAX
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Hamburg, Düsseldorf, München, Stuttgart

End of News DGAP News-Service


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