voestalpine AG — M&A Activity 2005

Feb 18, 2005

News Details

Ad-hoc | 18 February 2005 07:30

voestalpine expands its automotive division with acquisition in Germany

voestalpine expands its automotive division with acquisition in Germany Ad hoc announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. ­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­ The voestalpine Group is continuing to develop its automotive sector with an acquisition in Germany. voestalpine Rotec GmbH, a company of the division motion of the listed voestalpine AG, has purchased 100% of HTI Maschinen- und Apparatebau GmbH. The company manufactures a wide product range of formed tube components, which are used primarily in the automobile industry especially in the luxury and safety segments. Sales of EUR 16 million were achieved in the previous business year with a clearly positive operating result and just under 125 employees. More information please find on our website http://www.voestalpine.com or contact our Investor Relations +43 70 6585-9949. voestalpine AG Voest-Alpine-Straße 1 4020 Linz Austria ISIN: AT0000937503 WKN: 093750 Listed: Amtlicher Handel in Wien; Freiverkehr in Berlin-Bremen, Frankfurt, Hamburg, München und Stuttgart; London End of ad hoc announcement (c)DGAP 18.02.2005 180730 Feb 05