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MBB SE — M&A Activity 2008
Aug 26, 2008
279_rns_2008-08-26_32694474-3526-4bfc-b013-380909ab1a81.html
M&A Activity
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Corporate | 26 August 2008 09:14
MBB Industries AG: MBB Industries’ Holding Reimelt Henschel Acquires Guth Engineering
MBB Industries AG / Acquisition/Merger
Release of a Corporate News, transmitted by DGAP - a company of EquityStory
AG.
The issuer / publisher is solely responsible for the content of this announcement.
Berlin, August 27, 2008. Reimelt GmbH, a member of the
Reimelt-Henschel-group, which belongs to MBB Industries AG (ISIN
DE000A0ETBQ4), has acquired the business operations of Wilhelm Guth
Engineering GmbH & Co. KG by way of an asset deal. Guth Engineering
generates a profitable annual turnover of more than €10m and employs 40
personnel. Guth Engineering is located in Landau in the Pfalz, and like
Reimelt Henschel, it operates in the plant construction industry. It is
established in the worldwide market for liquid products. Guth Engineering
plants cover the entire process chain, from mixing and production –
including filtration and sterilisation – to distribution and metering of
the liquid products. The process engineering plants are employed in the
pharmaceuticals, food & beverage, brewing and water engineering industries.
An important aspect of the acquisition of the company was Guth
Engineering's activities in the field of process water cleaning and
treatment, factors which play a major role for Reimelt Henschel customers.
Furthermore, a strong demand in this field is expected for the coming
years; experts are already talking about 'blue gold' in the context of
drinking water. Viewed against this background, high growth rates can be
expected for the coming years.
MBB views the newly acquired business area as a value generating addition
to the Reimelt Henschel product range, which has hitherto concentrated on
solid and dry raw materials.
About MBB Industries AG:
Since 1995, MBB Industries AG has maintained successful holdings in the
form of medium-sized industrial companies with sustainable value growth
potential. Our business model is based on a three-pillar structure,
comprising the acquisition of interests at favourable terms, subjecting
them to value-enhancing holding management, and releasing them in
high-yield sales. Right from the start, MBB Industries AG has achieved
above-average profitability, and continues to devote its efforts to
attaining unusually high yields in the future. For the year 2007, MBB
Industries achieved a group revenue of €113.6 million, with a workforce of
around 1,800. Group revenue for the year 2008 is set to exceed €190
million.
Contact:
edicto GmbH
Dr. Sönke Knop
Zeißelstraße 19
60318 Frankfurt
Tel. 069-90550551
E-mail: [email protected]
26.08.2008 Financial News transmitted by DGAP
Language: English
Issuer: MBB Industries AG
Joachimstaler Strasse 34
10719 Berlin
Deutschland
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
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Stuttgart, München, Düsseldorf
End of News DGAP News-Service