Board/Management Information • Jun 27, 2007
Board/Management Information
Open in ViewerOpens in native device viewer
News Details
Ad-hoc | 27 June 2007 07:21
New Value and the Innovationsstiftung of the Schwyzer Kantonalbank invest in Natoil
NEW VALUE AG / Miscellaneous
Release of a Adhoc News, transmitted by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
PRESS RELEASE
New Value and the Innovationsstiftung of the Schwyzer Kantonalbank invest
in Natoil
Zürich and Schwyz, 27 June 2007. New Value AG and the Innovationsstiftung
of the Schwyzer Kantonalbank invest mutually as co-leading investors in the
Swiss lubricant company Natoil AG, located in Root, Lucerne. Natoil
developed a product line of industrial lubricants, which exhibit
outstanding technical characteristics. Their use allows substantial energy
savings due to smaller friction loss. The actual CO2-discussion underlines
the market potential of the Natoil-lubricants, and their manufacture is
based to the greatest possible extent on renewable raw material. Natoil is
presently in the market introduction phase in Switzerland and Germany.
The new assets of altogether CHF 3 millions will be invested in the
development of distribution channels and in further development of the
product portfolio.
Vegetable oils exhibit much better lubrication characteristics than mineral
oils or synthetic oils but they age faster. Therefore, vegetable oil for
the industrial use was so far not really suitable. After five years of
research and development in the area of additive technology, Natoil
succeeded in the compensation of negative characteristics of vegetable
based oils and formulates oils with outstanding lubrication characteristics
and large oxidation stability. Natoil uses as main raw material a special
and non-genetically altered sunflower breeding, which is characterised by a
particularly high portion of unsaturated fatty acids.
Market structure and expansion of the product portfolio
In the year 2006, Natoil started the first market activities and
established first customer contacts. In the foreseeable future, Natoil will
develop a further market segment in the field of engine oil. Furthermore,
Natoil markets in Switzerland and Germany additive vegetable oil as
bio-fuel for trucks and forestry machineries. These fuels are based on
vegetable oils from lasting and accredited cultivation. In addition to the
price advantage from approx. 30 Rappen (centimes) per litre compared to
mineral diesel, customers and the environment profit from the reduced
emissions.
Through means of expansion financing of altogether CHF 3 millions, Natoil
plans to pioneer the market in Switzerland and Germany and is also
expanding its product portfolio.
New Value recorded CHF 1.5 millions and thereby extended their investment
portfolio in the area of new materials. The Innovationsstiftung of the
Schwyzer Kantonalbank contributed CHF 1.0 million and carried their first
investment out. Two further investors subscribed the rest of the amount.
The investors acquire altogether 40% of Natoil's capital. The management
and the business angel investors hold the remainder of the shares. Both
lead investors are engaged within the board of directors for engagement in
strategic company growth.
Attractive growth market
The lubricants markets amounts solely within the EU to annually CHF 16
billions, whereof over CHF 1 billion is ascribed to bio lubricants. The
market research institute Frost & Sullivan attests a 20 % annual growth of
the bio lubricant market. Factors as the rising price of mineral oil
products, the increase of public pressure for CO2 reduction and the
expansion, progression and development officers of bio lubricants might
positively strengthen and advance this positive trend.
'With our commitment to Natoil, we want to advance the market expansion as
well as the further advancement of the technology. Before the background of
rising energy prices and increasing environmental pollution through CO-2
emissions, the Natoil products are of highest interest for consumers and
the entire society', commentates Rolf Wägli, the president of the board of
directors of the New Value AG. Dr. Markus Oswald, CEO of the
Innovationsstiftung of the Schwyzer Kantonalbank emphasises: 'Experienced
management and convincing customer benefit arise from the Natoil products
and form promising conditions to meet the requirements of the growing
market.'
'The intensive phase of due diligence pointed us towards further
potentials of the company but also towards hurdles, which still need to be
mastered. With the thought of sustainability, the investors and Natoil
follow a common corporate philosophy', noticed Otto Botz, CEOr of the
Natoil AG.
Information about New Value AG
New Value, officially quoted at the SWX Swiss Exchange, invests directly in
private and rising companies from Switzerland or the rest of the
German-speaking region with above average market and growth potential. As
an investment company, New Value promotes innovative business models with
venture capital and accompanies those to market success. The portfolio
covers companies of different maturity levels, starting with the market
introduction phase up to the establishment as medium-sized enterprises with
stable profits. A broad basic approach is being purposely selected. The
portfolio covers companies from the sectors renewable energy, medical
technology, health, information technology and new materials. New Value
assigns great value to ethical business concepts and good corporate
governance while selecting their portfolio companies. Criteria as
meaningfulness, social compatibility and ecological sustainability are
considered by New Value as decisive competition advantages, which affect
and promote the quality of the product and the service offer and thus,
facilitate an above average increase of value potential.
Since the formation of New Value, EPS Value Plus AG, Zurich, manages as
investment advisor.
Stock exchange
listing SWX Swiss Exchange (www.swx.com)
Open Market Frankfurt, Berlin, Dusseldorf, Munich, Stuttgart and Xetra
Ticker symbol NEWN (CH), N7V (D)
Valor no. 1081986
Security identification no. 552932
ISIN CH0010819867
Contact
New Value AG
Rolf Wägli Tel. +41 43 344 38 38, [email protected]
Peter Letter Tel. +41 43 344 38 18, [email protected]
Fax +41 43 344 38 39
www.newvalue.ch Email: [email protected]
www.epsvalueplus.ch Email: [email protected]
Information to Innovationsstiftung of the Schwyzer
Kantonalbank
The independent foundation, financially equipped by the Schwyzer
Kantonalbank with 20 millions Swiss Francs offers companies that
manufacture or promote success promising products or ideas to realise
innovation projects and growth strategies. These financial means come in
form of equity and sub-ordinate credit (Mezzanine-credit).
With its equitable financing solution, the Innovationstiftung (innovation
foundation) is able to optimally accommodate the customers, the needs of
innovative and fast growing small and middle-sized businesses, which can
show a relation within or to the canton Schwyz. An independent foundation
board, consisting of experienced entrepreneurs determines under leadership
of Rudolf Keller, CEO, SSI Schäfer International about the financing
solutions.
Contact
Innovationsstiftung der Schwyzer Kantonalbank
Dr. Markus Oswald Phone +41 58 800 21 22, [email protected]
Cornelia Baumann Phone +41 58 800 21 41 [email protected]
Postfach 263
CH-6431 Schwyz
Information www.szkb.ch/innovationsstiftung
Contact:
Marcel Rogenmoser
Language: English
Issuer: NEW VALUE AG
Bodmerstrasse 9
8027 Zürich Schweiz
Phone: +41-43-344 38 38
Fax: +41-43-344 38 39
E-mail: [email protected]
Internet: www.newvalue.ch
ISIN: CH0010819867
WKN: 552932
Indices:
Listed: BX, SWX; Freiverkehr in Berlin-Bremen, München, Stuttgart,
Düsseldorf; Open Market in Frankfurt
End of News DGAP News-Service
Building tools?
Free accounts include 100 API calls/year for testing.
Have a question? We'll get back to you promptly.