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Masterflex SE — M&A Activity 2007
Oct 11, 2007
276_rns_2007-10-11_0f2c8d72-0b74-47c8-894d-c9117231edff.html
M&A Activity
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News Details
Ad-hoc | 11 October 2007 16:19
Masterflex AG buys Swiss DICOTA AG
Masterflex AG / Miscellaneous
Release of an Ad hoc announcement according to § 15 WpHG, transmitted by
DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
Ad hoc announcement according to § 15 WpHG
Masterflex AG buys Swiss DICOTA AG
Gelsenkirchen 11 October 2007. DICOTA GmbH, a subsidiary of Masterflex AG
(ISIN DE0005942938) acquired seventy per cent of shares in DICOTA AG,
CH-Freienbach, on 11 October 2007, at a purchase price of €780,000.
The company was founded in 1996 in the course of the expansion of DICOTA
GmbH, D-Bietigheim-Bissingen, a successful subsidiary of Masterflex AG.
DICOTA AG also received the rights to the name and exclusive territory
protection for Switzerland and Liechtenstein at that time.
DICOTA AG’s revenue is in single digit millions. The company is
profitable,meaning there will be no diluting effect upon consolidation.
The majority takeover of the profitable company means that Masterflex AG is
strengthening the presence of DICOTA GmbH in Switzerland, while at the same
time optimising its subsidiary’s pan-European sales strategy.
DICOTA GmbH specialises in high-quality, exclusive notebook bags,
individual suitcase solutions for working on the move and accessories for
notebooks and is one of the international market leaders in mobile
computing equipment. DICOTA GmbH is celebrating its fifteenth anniversary
this year.
Further information:
Masterflex AG, Investor Relations, Stephanie Kniep, Willy-Brandt-Allee 300,
D-45891 Gelsenkirchen, [email protected] , Tel. +49 209 97077 44, Fax +49
209 97077 20.
11.10.2007 Financial News transmitted by DGAP
Language: English
Issuer: Masterflex AG
Willy-Brandt-Allee 300
45891 Gelsenkirchen
Deutschland
Phone: +49 (0)2099 70 77-44
Fax: +49 (0)2099 70 77-20
E-mail: [email protected]
Internet: www.masterflex.de
ISIN: DE0005492938
WKN: 549 293
Listed: Amtlicher Markt in Frankfurt (Prime Standard); Freiverkehr in
Berlin, Düsseldorf, Hamburg, München, Stuttgart
End of News DGAP News-Service