SIMONA AG — M&A Activity 2008

Jan 30, 2008

News Details

Ad-hoc | 30 January 2008 18:18

Simona AG: SIMONA sells joint-venture interest in GF Piping Systems

Simona AG / Joint Venture

Release of an Ad hoc announcement according to § 15 WpHG, transmitted by
DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.

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Focus on core segment of chemical and industrial operators within
fluoropolymer market

Kirn, 31 January 2008. Effective from January 1, 2008, GF Piping Systems,
Schaffhausen (Switzerland), will acquire the 50% interest of SIMONA AG in
the joint-venture enterprise Georg Fischer SIMONA Fluorpolymer Products
GmbH, Ettenheim. Both parties have agreed not to disclose details relating
to the sale.

Established in 2002, the joint venture specialising in high-purity piping
systems, including those used in the semiconductor industry, has one of the
most modern cleanroom production facilities worldwide.

In future, SIMONA's main focus will be on expanding its business within the
core sectors of chemicals and industry within the fluoropolymer market.

SIMONA and GF Piping Systems will continue their long-standing
collaboration at an operational level.

Eric Schönel, Director Marketing, Phone 06752-14997, Mail
eric.schoenel@simona.de

30.01.2008 Financial News transmitted by DGAP

Language: English
Issuer: Simona AG
Teichweg 16
55606 Kirn an der Nahe
Deutschland
Phone: 06752-14-343
Fax: 06752-14-738
E-mail: michael.schmitz@simona.de
Internet: www.simona.de
ISIN: DE0007239402
WKN: 723940
Listed: Regulierter Markt in Frankfurt (General Standard);
Freiverkehr in Berlin

End of News DGAP News-Service

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