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Palfinger AG — M&A Activity 2008
Jun 20, 2008
753_iss_2008-06-20_5cd9568f-b9c2-4c16-af31-bd41533291fd.pdf
M&A Activity
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keywords: Mergers - Acquisitions - Takeovers/Company Information
euro adhoc: Mergers - Acquisitions - Takeovers / PALFINGER AG - Company Takeover/aerial working platforms
-------------------------------------------------------------------------------- Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement. --------------------------------------------------------------------------------
20.06.2008
Ad-hoc R E L E A S E
o PALFINGER plans takeover of ELEVANT aerial working platforms unit from WUMAG GmbH
Bergheim, Salzburg, 20 June 2008
PALFINGER AG, which is listed on the Vienna Stock Exchange and headquartered in Salzburg, is in the final stages of taking over the ELEVANT aerial working platforms unit of WUMAG GmbH. The contracts have already been negotiated, and the approval of the Supervisory Board of PALFINGER AG and the Advisory Board of WUMAG GmbH has been secured as of today. The antitrust authorities are likely to approve the takeover in summer 2008.
Since the final negotiations were successful, the portfolio of PALFINGER AG will be supplemented and revenues increased by approximately 5 percent.
Further inquiry note: Hannes Roither, PALFINGER AG Company Spokesperson Phone +43 662 46 84-2260 mailto: [email protected] www.palfinger.com
| emitter: | Palfinger AG |
|---|---|
| F.W.Schererstraße 24 | |
| A-5101 Bergheim | |
| phone: | 0662/4684 2275 |
| FAX: | 0662/4684 109 |
| mail: | [email protected] |
| WWW: | www.palfinger.com |
| sector: | Machine Manufacturing |
| ISIN: | AT0000758305 |
| indexes: | |
| stockmarkets: | |
| language: | English |
Aussendung übermittelt durch euro adhoc The European Investor Relations Service