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M&A Activity • Apr 26, 2007

News Details

Corporate | 26 April 2007 13:18

ARQUES Iberia takes over Spanish steel processor, Capresa

ARQUES Industries AG / Acquisition

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

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ARQUES Iberia takes over Spanish steel processor, Capresa

• Already sixth acquisition in 2007, second acquisition by ARQUES Iberia

• ARQUES revenues reach the 1.5 billion Euro mark for the first time

Starnberg, April 26, 2007 - ARQUES Iberia, a subsidiary of the
Starnberg-based equity investment company, ARQUES Industries AG (ISIN
DE0005156004), took over the Spanish steel processor, Calibrados de
Precisión, S.A. (Capresa). The transaction is subject to the approval of
the relevant cartel authorities and other approvals.

Calibrados de Precisión, S.A. (Capresa) is a company which processes steel
particularly for the automobile industry. The product range includes spring
steel, carbon steel, free cutting steel, as well as various types of
alloyed special steel which is cut to individual customer requirements and
formed mechanically. The company with its head office in La Llagosta near
Barcelona was taken over in accordance with the ARQUES business philosophy
and generated revenues of more than EUR 50 million in 2006 with
approximately 100 employees. In addition to the production facility in
Spain, ARQUES also takes over a plant in Mexico (CapreMex) from which
Capresa produces and distributes its products and services for the entire
American market. The company, founded in 1960, has both an established,
international clientele and a broad supplier base. Apart from the
automobile industry, Capresa’s customers also originate from the textile
machines and hydraulics segments and the building industry.

'With the takeover of Capresa, ARQUES executes the second transaction in
Spain. ARQUES Iberia has succeeded within a very short time to establish
itself on the Spanish market', said Alexander Wit, executive board member
of ARQUES Iberia S.A. situated in Madrid, which was founded in autumn 2006
within the context of the internationalisation of the ARQUES business
model. At the beginning of February 2007 ARQUES Iberia already took over
Degussa’s antioxidant business activities with production facilities in
Spain and England.

Further evidence of the increasing dynamics of ARQUES’s foreign activities
was the announced takeover of the Austrian textile trade chain, Schöps, by
ARQUES Austria three weeks ago. The ARQUES executive board expects further
acquisitions by its foreign subsidiaries in 2007.

'This transaction verifies that ARQUES has now earned itself a good
reputation as a turnaround specialist on a Pan-European level and that more
and more international companies are looking at ARQUES as a partner for
spin-offs. We will continue to advance the internationalisation of our
business model based on past successes', said Dr. Dr. Peter Löw, founder
and executive board chairman of ARQUES Industries AG.

The acquisition of Capresa is already the sixth ARQUES group transaction in
2007. ARQUES has acquired companies with revenues totalling around EUR 300
million. For the current financial year ARQUES expects to purchase further
companies with revenues of more than EUR 1 billion. The ARQUES annualised
annual group revenues increase to approximately EUR 1.5 billion with this
acquisition. At the press conference on March 30, ARQUES affirmed its
target for 2007 of reaching consolidated annual revenues of EUR 1.5 billion
as well as an EBITDA of EUR 180 million.

For this transaction ARQUES Iberia was advised by Tribeca Abogados und
Landwell PWC.

About ARQUES
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
Email: luedemann@arques.de
Public Relations
Christian Schneider
Email: schneider@arques.de

Tel.: +49 (0) 8151/ 651 0

ARQUES Iberia SA
Alexander Wit
Director General
Calle Príncipe de Vergara 17 - 5º dcha
28001 Madrid
España

Tel.: +34 (0) 91-7 81 65 63
Fax: +34 (0) 91-5 75 18 57

DGAP 26.04.2007

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: info@arques.de
www: 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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