Turbon AG — M&A Activity 2006

Aug 4, 2006

News Details

Ad-hoc | 4 August 2006 19:47

Turbon AG: Asset Purchase and Supply Agreement with Tecknolaser

Ad hoc announcement transmitted by DGAP – a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. —————————————————————————— Turbon AG: Asset Purchase and Supply Agreement with Tecknolaser With immediate effect Turbon AG through its subsidiary Turbon International Inc. has acquired assets of Tecknolaser Global Company, Canada, and Tecknolaser USA Inc. The acquired assets include customers, inventories and production equipment. In addition Turbon and Tecknolaser have entered into a supply agreement according to which Tecknolaser will purchase laser cartridges from Turbon to supply its remaining customer base in the coming three years. From 2007 Turbon expects due to the combination of customer take over and supply agreement sales of minimum US Dollar 15.0 million per annum. Based on the original customer/supplier relationship between the companies Turbon calculated with sales to Tecknolaser of around US Dollar 6.0 million in 2006. Hattingen, August 04, 2006 Turbon AG (c)DGAP 04.08.2006 ————————————————————————— Language: English Issuer: Turbon AG Ruhrdeich 10 45525 Hattingen Deutschland Phone: +49 (0)2324 – 504-0 Fax: +49 (0)2324 – 504-156 E-mail: info@turbon.de WWW: info@turbon.de ISIN: DE0007504508 WKN: 750450 Indices: Listed: Geregelter Markt in Frankfurt (General Standard), Düsseldorf; Freiverkehr in Berlin-Bremen, Hamburg, München, Stuttgart End of News DGAP News-Service —————————————————————————