Softing AG — M&A Activity 2005

Jul 7, 2005

News Details

Ad-hoc | 7 July 2005 17:42

Softing AG, Haar, takes over hard & soft GmbH

Ad hoc announcement §15 WpHG Mergers & Aquisitions Softing AG, Haar, takes over hard & soft GmbH Ad hoc announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. —————————————————————————— The Executive Board of Softing AG (ISIN 517800 SYT) today decided to acquire all shares of hard & soft Salwetter-Rottenberger GmbH, Reutlingen. This decision was approved by Softing’s Supervisory Board. In hard & soft, Softing acquires a profitable company with annual sales of approximately EUR 3 million and about 20 employees. The acquisition expands and strengthens the position of Softing’s Automotive Electronics division in the market for ECU test systems in the automotive manufacturing sector. Softing AG Richard-Reitzner-Allee 85540 Haar Deutschland ISIN: DE0005178008 WKN: 517800 Listed: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin- Bremen, Düsseldorf, Hamburg, München und Stuttgart End of ad hoc announcement (c)DGAP 07.07.2005 071742 Jul 05