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NTR Holding — M&A Activity 2011
Apr 27, 2011
3451_iss_2011-04-27_fe5e89be-3ffc-4c56-aeae-801def65b107.pdf
M&A Activity
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NTR Holding A/S Ridhuspladsen 16, 1. 1 550 Kobenhavn Tet.: +45 8896 8666 Fax: +45 8896 8806 E-mait: [email protected] www.ntr,dk
Ksbenhavn , den 2J . april20ll
Koncernselskabet Daniamant har indgiet 3-irig leveranceaftale med Servitec Group Ltd. i England
Daniamant er ledende pA verdensmarkedet inden for udvikling, fremstilling og salg af sikkerhedslys til redningsveste, redningsflAder og redningskranse.
Tidligere offentliggjorte forventninger om et resultat i NTR Holding-koncernen for 20l l pi niveau 3 mio.kr. fsr skat fastholdes.
Frelles pressemeddelelse fra Daniamant og Servitec Group er vedlagt som side 2 og side 3 til denne meddelelse.
NTR Holding A/S
NASDAQ OMX Copenhagen A/S Selskabsmeddelelse nr. 6 - 20Il
Bjom Petersen, kontaktperson Direktor [email protected] Mobil: +45 20 29 82 l0
Sefskabsmeddelelse nr.6 - 20tL
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Survitec Group Announcement
Suruitec Group and Daniamant Secure Worldwide Agreement
Survitec Group Limited (Survitec), world-wide manufacturers and distributors for the marine, defence and aerospace survival technology industries, has signed a preferred supplier agreement with Daniamant for the ongoing supply of batteries and survivor location lights for the next 3 years. This is a continuation of an existing exclusive agreement and further strengthens the partnership between these two leaders in the survival products industry.
The extension of this agreement is a significant move and provides a solid base for the Survitec Group to support the market with the highest quality survivor location lighting systems. Furthermore it demonstrates the drive and innovation of both companies to find new ways to maintain and grow their market leading positions.
Daniamant Managing Director Arne J. Gillin commented:
"We are proud to extend our cooperation with the Survitec Group. This has been a very successful relationship and a clear demonstration that our high quality batteries and survivor location lights coupled with our outstanding service levels fully meet their high expectations of a preferred supplier."
Survitec CEO Doug Baxter added:
"Survitec is very pleased to continue the association with Daniamant. Who has proved over the past number of years to be a highly reliable supplier of top quality products and fully deserve the recognition this agreement brings. This is a strategic partnership which supports our plans to continue to grow our business across the globe."
The agreement will take immediate effect. lt follows the recently announced commercial agreement with McMurdo and Kannad Marine brands of marine and outdoor safety products, giving a number of Survitec group subsidiary companies exclusive distribution rights.
Selskabsmeddelelse nr.6 - 201.L
Media Enquiries
Daniamant Arne J. Gillin, Managing Director T: +45 47 37 38 01 [email protected] W: www.daniamant.com
Survitec
Rachel Rotrou, Head of Marketing T: +44 (0) 207 1832357 rrotro u @s u rvitecq rou p. com W: www.survitecq roup. com
Citigate DeweRogerson
Sarah Gestetner, Nicola Swift r. +44 (0247) 638 9571
Notes to Editors
About Survitec Group Ltd
Headquartered in London, with locations worldwide, the Survitec Group holds market-leading posifions worldwide in marine, defence and aerospace survival technology, bringing together besf-rnc/ass brands with reputations for quality, design and innovation. With an extensive history spanning over 160 years and a porlfolio of some of the most reputable brands in the safety and survival industry, Survitec is committed to product innovation, technological advancement and quality assurance. Key products within the Survitec Group include marine, defence and aviation liferafts, world leading submarine escape technology, lifejackets for both commercial airlines and the offshore industry as well as pilot flight equipment, including anti-g clothing used for the Eurofighter and JSF programmes. The Group also pioneered marine evacuation technology and today the unique Marin Ark system r's used on many major cruise shrps across the globe.
With seven manufacturing srtes and a global service and distribution network, Suruitec paftners with some of fhe besf names within the industries it operates to offer the fastest, highest quality seryrce as possib/e. Each manufacturing facility has a dedicated Research & Development team who work tirelessly to continuously improve each product, ensuring Survitec is always ahead of the ever changing demands of each of its markef secfors. Through rapid organic and acquisitive growth, Survitec has conslsfently grown revenue and profitability securing over t200 million of globalsales ln 2010. For more information please visit www.suruitecqroup.com
About Daniamant
Daniamant in Denmark was founded in 1975. 10 years later, in 1985, Daniamant first developed an IMO approved Lifejacket Light. ln the same year Daniamant developed an approved Liferaft Lighting sysfem. The business developed rapidly and when in 1991, IMO regulations were tightened to make lifejacket lights compulsory ln yesse/s undertaking long voyages, Daniamant was in an ideal position to respond. The business developed steadily during the 1990's and in 1998 was further boosted when IMO legislated for lifejacket lights on a// SOLAS vesse/s, including ferries. At this stage, Daniamant was able to offer a range of lights, both manual and automatic, to suit the needs of a wide range of customers. ln 2002 Daniamant redefined it's Liferaft programme with a new range of internal and externallights.
ln 2005, Arne J. Gillin, together with Dansk Generationsskifte Kapital acquired the Company, starting a new wave of expansion. In 2006 Daniamant acquired the Survivor Location Lights division from McMurdo Ltd in the UK and in 2007 Daniamant acquired the Lifebuoy Lights business from Comet GmbH. ln 2010, NTR Holding NS of Denmark acquired Daniamant Holdings NS with the intention to continue to strengthen Daniamanf s posifion in the world market through organic growth and through acquisitions. For more information please visit www.daniamant.com