AI assistant
KRONES AG — M&A Activity 2016
May 31, 2016
251_rns_2016-05-31_28edbcd0-bc2b-4fe6-9b32-eafd303d3a1b.html
M&A Activity
Open in viewerOpens in your device viewer
News Details
Ad-hoc | 31 May 2016 15:42
Krones AG: Purchase of System Logistics stake closed successfully
Krones AG / Key word(s): Investment/Regulatory Approval
31.05.2016 15:42
Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
Ad-hoc disclosure pursuant to Section 15 of the German Securities Trading
Act [WpHG]
31 May 2016
Krones: Purchase of System Logistics stake closed successfully
On 31 March 2016, Krones, the world's leading manufacturer of filling and
packaging technology, reported that it had acquired a 60% stake in System
Logistics S.p.A.. The deal was pending customary anti-trust approval.
Approval has been granted. Krones today successfully closed the transaction
and acquired a majority stake in the intralogistics solutions provider for
the beverage industry.
Contact:
Olaf Scholz
Head of Investor Relations, KRONES AG
Phone: +49 9401 70-1169
E-mail: [email protected]
31.05.2016 The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap.de
Language: English
Company: Krones AG
Böhmerwaldstraße 5
93073 Neutraubling
Germany
Phone: +49 (0)9401 701169
Fax: +49 (0)9401 709 1 1169
E-mail: [email protected]
Internet: www.krones.com
ISIN: DE0006335003
WKN: 633500
Indices: MDAX
Listed: Regulated Market in Frankfurt (Prime Standard), Munich;
Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg,
Stuttgart; Terminbörse EUREX
End of Announcement DGAP News-Service