AI Terminal

MODULE: AI_ANALYST
Interactive Q&A, Risk Assessment, Summarization
MODULE: DATA_EXTRACT
Excel Export, XBRL Parsing, Table Digitization
MODULE: PEER_COMP
Sector Benchmarking, Sentiment Analysis
SYSTEM ACCESS LOCKED
Authenticate / Register Log In

TKH Group N.V.

Regulatory Filings Oct 13, 2011

3889_iss_2011-10-12_dd175eab-f1db-4f26-9b5a-49d4c01fe5e4.pdf

Regulatory Filings

Open in Viewer

Opens in native device viewer

Press release TKH Group N.V. (TKH)

TKH expands activities in care sector Unique technology for medicine distribution

TKH announces that agreement has been reached to take a majority stake of 57.5% in KLS Nederland ('KLS') located in Almere and Hoogeveen. KLS delivers unique technology for medicine distribution from producer to consumer.

KLS develops and produces systems and software for the wholesalers, pharmacies and consumers. With KLS' technology great efficiency improvements can be realized in the chain of medicine dispensing in the form of a higher productivity, less medication failure and a higher therapy loyalty. By consequently applying the technology of KLS, billions of Euros can be saved in Europe. With the IDQare concept a higher therapy loyalty is realised through the use of medicine dispensers combined with information storage on the medicine use. This results in a big saving on healthcare costs. Besides IDQare, the systems of KLS are known under the brand names Medicomaat and Centralfilling.

Alexander van der Lof, CEO of technology company TKH Group: "By joining TKH, KLS can realise a further breakthrough in its aim to become a leading international player in the healthcare sector. The combination of existing technologies, concepts and production facilities of the TKH Group will lead to accelerated growth at KLS. Within five years, turnover could be able to grow to € 50 to € 100 million per year, a large part of which will be recurring in the form of licensing and services revenues. For TKH, KLS means a strengthening of TKH's ambition to grow in the care sector by delivering technology to enable more efficient care."

The current turnover of KLS amounts to over € 5 million annually. The activities will become part of the TKH-segment building technologies, and join in with the other care technology activities within the TKH group.

Haaksbergen, 12 October 2011

Executive Board

For further information: JMA (Alexander) van der Lof MBA, Chairman of the Executive Board Phone +31 53 5732903 Websites: www.tkhgroup.com www.klsnetherlands.nl

Financial calendar

10 November 2011 Trading update Q3 2011
14 March 2012 Q4 and full year results 2011
9 May 2012 Trading update Q1 2012
15 May 2012 General Meeting of Shareholders 2012
22 August 2012 Q2 and interim results 2012
8 November 2012 Trading update Q3 2012

Profile

Technology company TKH Group NV (TKH) is an internationally active group of companies that specialises in the creation and delivery of innovative Telecom, Building and Industrial Solutions.

TKH specialises in solutions rather than certain types of activity. In TKH's business segments Telecom Solutions, Building Solutions and Industrial Solutions basic technologies in the fields of ICT and electro-technology from the various operating companies are combined – frequently in partnership with suppliers - to develop total solutions.

Specialists in the fields of marketing, process development, design, engineering and logistics add the final touch of advice and project implementation to enable TKH to offer its customers truly custom-made solutions. We subsequently offer these locally-developed concepts internationally, making optimal use of TKH's in-house experience and know-how.

Telecom Solutions develops, produces and supplies systems ranging from outdoor infrastructure for telecom and CATV networks through to indoor home networking applications. The focus in this business is to provide customers with systems that are totally care-free due to the accompanying system guarantees we provide. TKH Telecom Solutions operates in three distinct sub-segments: optical fibre networks, copper networks and indoor telecom systems.

Building Solutions develops, produces and supplies solutions in the field of efficient electrotechnology ranging from applications within buildings through to technical systems that – combined with software – provide efficiency solutions for the care and security sectors. Building Solutions operates in three distinct sub-segments: building technologies, security systems and connectivity systems.

Industrial Solutions, develops, produces and supplies solutions ranging from specialty cable, "plug and play" cable systems through to integrated systems for the production of care and truck tyres. Industrial Solutions operates in two distinct sub-segments: connectivity systems and manufacturing systems.

TKH's continuous focus on research and development gives the company a portfolio of products and services that guarantee technologically-advanced solutions. TKH and its various operating companies are active worldwide. Growth is concentrated in North West and Central and Eastern Europe and Asia. In 2010, TKH booked turnover of € 894 million with a workforce of 3,706 employees.

Talk to a Data Expert

Have a question? We'll get back to you promptly.