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OHB SE — M&A Activity 2005
Jun 1, 2005
315_rns_2005-06-01_22549c28-13de-431a-9890-3d19e511ee07.html
M&A Activity
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Ad-hoc | 1 June 2005 13:38
OHB Technology AG: Aquisition of MAN Technologie AG
Ad hoc announcement §15 WpHG Aquisition OHB Technology AG: Aquisition of MAN Technologie AG Ad hoc announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. —————————————————————————— OHB Technology AG and Apollo Capital Partners GmbH acquire MAN Technologie AG Bremen, 1 June 2005. Today, OHB Technology AG (ISIN: DE0005936124), a globally leading supplier in the space + security, telematics and satellite services sectors, and the Munich-based technology holding company Apollo Capital Partners GmbH have signed an agreement with MAN AG on the acquisition of 100 percent of the shares in MAN Technologie AG, Augsburg. MAN Technologie AG is active in the aerospace sector, primarily as a supplier of the European Ariane-5 rocket as well as tank systems for the aviation industry. The company, which generated revenues of approx. EUR 100 million in 2004, should constantly advance and expand its business activities in these fields. In the future, the company will trade under the name MT Aerospace AG, Augsburg. With this investment OHB Technology AG further expands the product portfolio in its strongest division Space + Security. According to the agreement of the contractual partners, no further details on the transaction are given. For futher information please contact: OHB Technology AG Michael Vér, Investor Relations Karl-Ferdinand-Braun-Str. 8 28359 Bremen Tel.: +49 421 2020-727 Fax: +49 421 2020-613 Internet: http://www.ohb-technology.de Email: [email protected] OHB Technology AG Universitätsallee 29 28359 Bremen Deutschland ISIN: DE0005936124 WKN: 593612 Listed: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin- Bremen, Düsseldorf, Hamburg, Hannover und Stuttgart End of ad hoc announcement (c)DGAP 01.06.2005 011338 Jun 05