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Masterflex SE — M&A Activity 2010
Aug 10, 2010
276_rns_2010-08-10_2cac5c83-92ae-48a6-baf1-0f3594f2fcd5.html
M&A Activity
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Ad-hoc | 10 August 2010 19:02
Masterflex AG: Sale of SURPRO GmbH
Masterflex AG / Disposal/Miscellaneous
10.08.2010 19:02
Dissemination 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 disclosure in line with section 15 WpHG
Masterflex AG: sale
Gelsenkirchen, 10 August 2010. Today, Masterflex AG - as announced in the
ad hoc disclosure of 28 June 2010 - concluded a contract for the sale of
its subsidiary SURPRO GmbH, D-Wilster. The contract was drawn up with the
usual provisos for the relevant transactions. The transfer of the equity
interest is due to take place by the end of this financial year.
The SURPRO Group is a highly specialised niche provider for the production
and finishing of precision surfaces, primarily for the luxury goods
industry. The company has suffered substantial losses in the past few
years, negatively impacting group development to a significant extent. In
addition, there are no synergies with Masterflex AG's core business of
high-tech hose systems. This sale therefore signifies a further important
milestone towards concentrating Masterflex AG's activities on its
successful core business.
Further information: Masterflex AG, Investor Relations, Willy-Brandt-Allee
300,D-45891 Gelsenkirchen,
[email protected], Tel. +49 209 97077 44
10.08.2010 Ad hoc announcement, Financial News and Press Release distributed by DGAP.
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 77-44
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 News DGAP News-Service