SIMONA AG — M&A Activity 2014

Jan 8, 2014

News Details

Ad-hoc | 8 January 2014 17:58

SIMONA Aktiengesellschaft: SIMONA AMERICA INC. acquires Laminations Inc.

SIMONA Aktiengesellschaft / Key word(s): Acquisition

08.01.2014 17:58

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

---

Kirn, 8 January 2014. Today SIMONA AMERICA INC., Hazleton, PA, USA, a
wholly owned subsidiary of SIMONA AG, has acquired Laminations Inc., based
in Archbald, PA, USA, effective 1 January 2014. Laminations Inc. is a
leading US manufacturer of polyolefin and fluoropolymer sheet products with
an annual turnover of approx. 30 Mill. US-Dollar and 110 employees. A large
part of its production serves the US market. It also supplies specialty
high density polyethylene and high performance fluoropolymer sheet products
to customers in Europe and the Asia pacific region. The transaction will
bring together the expertise and process engineering capabilities of both
companies in the key fluoropolymer market.

In acquiring the company, SIMONA AMERICA strengthens its position in the US
semi-finished plastics market. The takeover will allow SIMONA AMERICA to
move into new fields of application, such as the outdoor recreational
structures, furniture and the marine industry, all markets for specialized
grades of high density polyethylene. In addition the acquisition expands
its manufacturing capacity and extends its production methods. The combined
materials expertise and processing technology of both companies also
position SIMONA for increased application growth in global markets for high
performance fluoropolymer sheet products.

The transaction is part of the strategy adopted by the SIMONA Group to
internationalise its business, the aim being to systematically capture
growth markets for plastics outside Europe and establish a significant
position in those regions.

Both parties have agreed not to disclose details of the transaction.

The Management Board

08.01.2014 DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

---

Language: English
Company: SIMONA Aktiengesellschaft
Teichweg 16
55606 Kirn an der Nahe
Germany
Phone: 06752-14-997
Fax: 06752-14-738
E-mail: eric.schoenel@simona.de
Internet: www.simona.de
ISIN: DE0007239402
WKN: 723940
Listed: Regulierter Markt in Frankfurt (General Standard);
Freiverkehr in Berlin

End of Announcement DGAP News-Service

---