Corporate | 7 April 2005 07:46
ARQUES Industries AG takes over SKS Stakusit
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ARQUES Industries AG takes over SKS Stakusit
For a second time ARQUES portfolio is extended by a former Masco subsidiary
Starnberg 7 April 2005 – The Starnberg-based holding company ARQUES Industries
AG (ISIN DE0005156004) takes over all shares in SKS Stakusit Bautechnik GmbH
retroactively to 1 January 2005. This is the second transaction between ARQUES
and the Masco corporation (Michigan/USA) within the last few months.
SKS Stakusit, founded in 1969 and situated in Duisburg, is one of the leading
suppliers of window related technological products. The emphasis of the range
is on intelligent roller shutters and insects protection systems. With
approximately 200 employees a turnover of around Euro 41 million was reached
last year.
After the successful structural expansion into eastern Europe, SKS Stakusit is
currently represented in over 20 European countries. Manufacturing
subsidiaries are located in, Greece, Poland, Romania, Russia, Turkey and the
Ukraine. Sales offices exist in numerous other countries.
SKS Stakusit was acquired according to the ARQUES philosophy. ARQUES manager
Dr. Uwe Dombrowski was appointed managing director and will be supported in
operational management by Thomas Althaus, who was already in management before
the takeover by ARQUES. Priority lies in optimising the operational business,
the modification of the branch strategy as well as sustaining the existing
growth strategy.
About ARQUES
ARQUES Industries AG ( http://www.arques.de ) specialises in the acquisition
and the development of company spin-offs and companies in special situations.
The holding company based in Starnberg takes-over enterprises on the basis of
material value-based evaluations and reorganises these with its own management
and its “task force” of specialised advisors. Measures in terms of active
support and development range from a redirection of the product range and
operational improvements for increased efficiency, to the implementation of
new technology.
Contakt:
ARQUES Investor Relations
++49 (0) 8151 – 651 130
end of message, (c)DGAP 07.04.2005
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WKN: 515600 ; ISIN: DE0005156004; Index:
Listed: Freiverkehr in Frankfurt, Berlin, München und Stuttgart
070730 Apr 05