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KUKA AG — M&A Activity 2006
Feb 22, 2006
253_rns_2006-02-22_6ab9ee19-174d-47a1-b0ea-356e71b75f29.html
M&A Activity
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News Details
Ad-hoc | 22 February 2006 18:38
IWKA AG: Sale of Bopp & Reuther Sicherheits- und Regelarmaturen Group
Ad hoc announcement transmitted by DGAP – a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. —————————————————————————— Sale of Bopp & Reuther Sicherheits- und Regelarmaturen Group As part of its divestment program of the former Process Technology Division, the IWKA Group sold the Bopp & Reuther Sicherheits- und Regelarmaturen Group to a group company of the financial investor Tequity GmbH, Frankfurt/Main, on February 22, 2006, with effect from January 1, 2006. The impact on results is EUR -4.5 million, which was mainly taken into account in 2005. The Bopp & Reuther Sicherheits- und Regelarmaturen Group achieved sales revenues of EUR 41.3 million in 2005 with 250 employees. This transaction completes the sale of all the companies in the IWKA Group’s former Process Technology Division. Karlsruhe, February 22, 2006 The Executive Board Contact: Herr von Muenchhausen Tel.: +49 (0)721 143-325 Fax: +49 (0)721 143-331 E-Mail: [email protected] (c)DGAP 22.02.2006 ————————————————————————— language: English emitter: IWKA AG Postfach 3409 76020 Karlsruhe Deutschland phone: +49 (0)721 143 – 0 fax: +49 (0)721 143 – 331 email: [email protected] WWW: www.iwka.de ISIN: DE0006204407 WKN: 620440 indexes: MDAX stockmarkets: Amtlicher Markt in Berlin-Bremen, Frankfurt, Hannover, München, Hamburg, Düsseldorf, SWX, Stuttgart End of News DGAP News-Service —————————————————————————