AI assistant
Masterflex SE — M&A Activity 2010
Sep 6, 2010
276_rns_2010-09-06_a785c66f-3d02-48be-b565-92f673d9dcdd.html
M&A Activity
Open in viewerOpens in your device viewer
News Details
Corporate | 6 September 2010 14:02
Masterflex AG: Disposal of subsidiary SURPRO GmbH concluded
Masterflex AG / Key word(s): Disposal/Miscellaneous
06.09.2010 14:02
PRESS RELEASE
Masterflex AG: Disposal of subsidiary SURPRO GmbH concluded
Gelsenkirchen, 6 September 2010. Masterflex AG has successfully concluded
the disposal of its subsidiary SURPRO GmbH. De-consolidation took place on
31 August 2010.
The SURPRO Group is a highly specialised niche provider for the production
and finishing of precision surfaces, primarily for the luxury goods
industry, and had been part of the Masterflex Group since 2005. In 2009,
the company generated revenue of 11.2 million.
With the sale of SURPRO GmbH, Masterflex AG is continuing the systematic
disposal of non-core activities that do not offer synergies with the
High-Tech-Hose Systems core business unit.
Further information: Masterflex AG, Investor Relations, Willy-Brandt-Allee
300, D-45891 Gelsenkirchen, [email protected] ,
Tel. +492099707766, Fax +492099707720
Masterflex AG is a specialist in the global development and production of
high-quality connector and hose systems from innovative high-tech polymers
in its core High-Tech Hose Systems business unit. Since it was founded in
1987, the Company has built up a high degree of materials and processing
expertise. Masterflex commands the entire process chain: from the use of
materials to the development of its own manufacturing processes using
self-developed facilities right up to the production and distribution of
products. The Company produces and sells high-tech hose systems for a wide
range of industrial and medical applications at seven locations in Europe
and the USA. Masterflex AG also operates in the Mobility business unit.
06.09.2010 Dissemination of a Corporate News, transmitted by DGAP -
a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
Language: English
Company: Masterflex AG
Willy-Brandt-Allee 300
45891 Gelsenkirchen
Deutschland
Phone: +49 (0)2099 70 77-66
Fax: +49 (0)2099 70 77-20
E-mail: [email protected]
Internet: www.masterflex.de
ISIN: DE0005492938
WKN: 549 293
Indices: Prime all share
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Hamburg, München, Berlin, Düsseldorf, Stuttgart
End of Announcement DGAP News-Service