Corporate | 13 November 2006 08:40
ARQUES takes over technical service provider, BEA TDL, from the Röchling Group
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The issuer is solely responsible for the content of this announcement.
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ARQUES takes over technical service provider, BEA TDL, from the Röchling
Group
Already the eleventh ARQUES acquisition in 2006
Starnberg, November 13, 2006 – The Starnberg-based equity investment
company, ARQUES Industries AG (ISIN DE0005156004), has taken over all
shares in BEA Elektrotechnik und Automation Technische Dienste Lausitz GmbH
(BEA TDL) with effect November 11, 2006. Seller is BEA Holding AG, a full
subsidiary of Gebr. Röchling KG, who thereby concentrates on plastics, its
core business.
BEA TDL develops and constructs electro-technical plants and automation
solutions for conveyor technology and energy technology primarily for open
brown coal mining. The technical service provider has established itself
within the core range of energy infrastructure as a partner of renowned
large-scale enterprises and has been operating profitably for years. BEA
TDL generated revenues to the value of approximately EUR 50 million with
more than 350 employees. A property necessary for operation in
Spremberg-Schwarze Pumpe belongs to the company. The parties agreed not to
disclose the purchase price.
BEA TDL is already the eleventh ARQUES acquisition in the financial year
2006. The Starnberg-based equity investment company already announced in
September that the goal of one billion Euro annualised group revenues for
the entire year will be significantly exceeded.
BEA TDL, which operates internationally, is active in the growth markets of
opencast mining plants for brown coal production, energy production and
distribution as well as water and environmental technology. The company’s
long-standing customers include large mining enterprises, energy providers
and mechanical engineering enterprises such as Vattenfall, RWE, MIBRAG,
Takraf and FAM. With subsidiaries in Poland and Bulgaria, BEA TDL is active
in the growing brown coal market in Eastern Europe.
With more than 75 highly qualified engineers, BEA TDL develops innovative
solutions in the electro-technical and automation areas. Simultaneously the
company, with more than 250 atrisans, is present on site as technical
service provider for the assembly and maintenance of the plants.
BEA TDL has a wide product range: In the area of opencast brown coal
mining, the company develops and constructs high quality electro-technical
plants and automation solutions for conveyor technology which is applied,
for example, to large conveyor equipment such as bucket-wheel excavators.
The business segment water technology is characterised by industrial
process automation as well as by highly technological plant construction.
In this range, BEA TDL offers its customers solutions for opencast mining
drainage, water conduits as well as water and sewage solutions. In the
energy technology and environmental technology, BEA TDL also specialises in
automation, visualisation of working processes as well as the visualisation
of electronic and control technology. In addition, the company offers
technical services such as maintenance, repairs and breakdown services on
site.
About ARQUES
ARQUES Industries AG, Starnberg, (www.arques.de), is a turnaround
specialist who focuses on the acquisition and the active restructuring of
companies in transitional situations, in order to develop these, with its
own team and own resources, to competitive enterprises with a positive
yield. ARQUES revitalises its subsidiaries’ potential for creating value
for the benefit of all its stakeholders, taking on the relevant social
responsibility. ARQUES has made a duty of identifying underestimated
companies with reduced survivability but with high appreciation potential,
at the same time mastering complex company structures and transitional
situations. The shares of ARQUES Industries AG are traded in the regulated
market (Prime Standard) of the Frankfurt Stock Exchange under the symbol
‘AQU’ (ISIN: DE0005156004) and are listed in the SDAX since September 19,
2005.
Contact:
ARQUES Industries AG
Corporate Communication
Christian Schneider
Tel.: +49 (0) 8151/ 651 0
Email. schneider@arques.de
(c)DGAP 13.11.2006
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Language: English
Issuer: ARQUES Industries AG
Münchner Str. 15a
82319 Starnberg Deutschland
Phone: +49 (0)8151 651-0
Fax: +49 (0)8151 651- 500
E-mail: info@arques.de
WWW: www.arques.de
ISIN: DE0005156004
WKN: 515600
Indices: SDAX
Listed: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin-Bremen, Hamburg, Düsseldorf, München, Stuttgart
End of News DGAP News-Service
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