WashTec AG — M&A Activity 2005

Nov 15, 2005

News Details

Ad-hoc | 15 November 2005 19:07

WashTec AG in exclusive negotiations about takeover of a US company

WashTec AG / Key word(s): Miscellaneous

15.11.2005 / 19:07

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Augsburg, 15 November, 2005 – WashTec AG has entered into exclusive negotiations about the takeover of a US manufacturer of brushless cleaning systems for motor vehicles. The target has a nationwide distribution network in the US. In 2004, the company generated sales in the mid double-digit million US dollar range and generates positive operating results.

Contact:

Karoline Kalb, Investor Relations

WashTec AG

Argonstraße 7

86153 Augsburg

Tel.: +49 (0)821 – 55 84 – 0

Fax: +49 (0)821 – 55 84 – 12 06

End of ad hoc announcement

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Language:	English
Company:	WashTec AG
	Argonstraße 7
	86153 Augsburg
	Germany
Phone:	+49 (0)821 55 84-0
Fax:	+49 (0)821 55 84-1135
E-mail:	washtec@washtec.de
Internet:	www.washtec.de
ISIN:	DE0007507501
WKN:	750750
Listed:	Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, München, Stuttgart

End of News	DGAP News-Service

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