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MBB SE Board/Management Information 2013

Feb 12, 2013

279_rns_2013-02-12_83154702-0101-449e-a04f-8ce84c9c8642.html

Board/Management Information

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Corporate | 12 February 2013 17:02

MBB Industries AG: Positive outlook for Beelen mechanical engineering company – New management at MBB Fertigungstechnik

MBB Industries AG / Key word(s): Miscellaneous/Miscellaneous

12.02.2013 / 17:02


Positive outlook for Beelen mechanical engineering company

New management at MBB Fertigungstechnik

Berlin, 12 February 2013. MBB Fertigungstechnik GmbH in Beelen has a new management team. Two of its three managing directors, Rolf Beckhoff and Ludger Martinschledde, have already held senior positions at the company for several years and played a key role in shaping its development. To date, Rolf Beckhoff has been responsible for the Joining technology division and Ludger Martinschledde for the Assembly line engineering division. In addition to these duties, they are now also in charge of the company's operating areas and its technological development.

The third member of the team is Dr. Christof Nesemeier. When MBB Fertigungstechnik GmbH joined the MBB Group in March 2012, its management was initially in the hands of the main shareholders and members of the Managing Board of MBB Industries, Gert-Maria Freimuth and Dr. Christof Nesemeier. As the management chairman, the latter of these will also be responsible for the commercial area and corporate development. As planned, Gert-Maria Freimuth will be leaving the management of MBB Fertigungstechnik. 'We are delighted to conclude the transitional phase of the shareholder changeover with our new team, to begin a new future with the momentum of the successful 2012 financial year,' said Dr. Christof Nesemeier. 'Our goal is to continue the technological, regional and strategic development of our positioning as a leading manufacturer of specialist machinery and tools in Germany, and to pursue further significant growth.'

One particular challenge will be increasing the workforce in the key areas of construction, programming and operations. The company is still relying on training programmes to secure highly qualified employees.

The outlook for the 2013 financial year is positive, as sectors such as the German automotive industry are ensuring full order books. 'Our strength lies not least in our excellent concept expertise and dependability, which give us an edge over the competition in project business with the automotive industry,' highlighted Rolf Beckhoff.

For example, a technologically highly sophisticated assembly line for steering sensors for Volkswagen will soon be delivered. 'This is a fine example of how we are demonstrating our leading technological role for complex performance requirements,' stated Ludger Martinschledde. Furthermore, MBB Fertigungstechnik is increasingly looking to international markets such as China. Machinery delivered there already accounts for a considerable portion of business today.

MBB Fertigungstechnik GmbH has been a part of the MBB Group since March 2012 and is a leading international mechanical engineering firm specialising in welding and assembly lines for the automotive industry. Furthermore, its range includes toolmaking services, innovative transport systems for exact positioning and inline laser measurement technology. Other industries in which the company operates are aviation, the solar and wind power industry and the domestic appliances industry.

MBB Fertigungstechnik GmbH employs around 300 people in total and generated sales of around EUR100 million in the past financial year.

About MBB Industries AG:

MBB Industries AG is a family-owned, medium-sized corporation that has expanded steadily as a result of organic growth and the acquisition of other companies since it was founded in 1995. Achieving a long-term increase in the value of the individual companies and the Group as a whole forms the heart of its business model. This business model has been highly profitable since the outset – substantial growth and sustainable returns will remain MBB Industries AG's goal in future as well.

Further information on MBB Industries AG can be found on the Internet at

http://www.mbb.com

MBB Industries AG

Joachimstaler Strasse 34

10719 Berlin, Germany

Tel +49 30 844 15 330

Fax +49 30 844 15 333

[email protected]

www.mbb.com

Managing Board with power of representation

Dr. Christof Nesemeier (Chairman), Gert-Maria Freimuth

Supervisory Board

Dr. Peter Niggemann (Chairman), Dr. Jan C. Heitmüller, Dr. Matthias Rumpelhardt

Court of Registration

Berlin-Charlottenburg Local Court, registration number: HR 97470

End of Corporate News


12.02.2013 Dissemination of a Corporate News, transmitted by DGAP – a company of EquityStory AG.

The issuer is solely responsible for the content of this announcement.

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Language: English
Company: MBB Industries AG
Joachimstaler Strasse 34
10719 Berlin
Germany
Phone: +49 (0) 30 844 15 330
Fax: +49 (0) 30 844 15 333
E-mail: [email protected]
Internet: www.mbbindustries.com
ISIN: DE000A0ETBQ4
WKN: A0ETBQ
Indices: PXAP
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, München, Stuttgart
End of News DGAP News-Service
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