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MBB SE — M&A Activity 2011
May 30, 2011
279_rns_2011-05-30_f57a3186-7413-4f75-bb06-72d6b7219dd4.html
M&A Activity
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News Details
Corporate | 30 May 2011 10:00
MBB Industries AG: Delignit AG becomes sole shareholder of the Blomberger Holzindustrie
MBB Industries AG / Key word(s): Forecast/Acquisition
30.05.2011 / 10:00
Delignit AG:
* Capacity fully utilized
* Strong order situation
* Sales expected over plan for first half year
Berlin, 30 May 2011 - Delignit AG (ISIN DE000A0MZ4B0) - a subsidiary of the
holding company MBB Industries AG (ISIN DE000A0ETBQ4) - has acquired the
third party owned 0.6 percent of the shares in its main investment
Blomberger Holzindustrie B. Hausmann GmbH & Co. KG and now holds 100
percent of the shares. The parties agreed not to disclose the purchase
price. The German operational areas of Delignit AG are concentrated in the
company.
The acquisition of the remaining shares takes place at a time in which the
company is developing very well. Orders in the fields Automotive and
Technological Applications were very positive in the first months of 2011,
so that the capacity is fully utilized. Due to high demand in some areas
the company has started three-shift operation again. The Executive Board of
the Delignit AG expects the sales to exceed the internal forecast and a
positive operating profit.
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. The 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 further information about MBB Industries AG, please visit
http://www.mbbindustries.com
End of Corporate News
30.05.2011 Dissemination of a Corporate News, transmitted by DGAP - a
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Language: English
Company: 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, Düsseldorf, München, Stuttgart
End of News DGAP News-Service
126692 30.05.2011