Ad-hoc | 14 August 2007 10:46
ARQUES Industries AG / Miscellaneous
Release of an Ad hoc announcement according to § 15 WpHG, transmitted by
DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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ARQUES takes over prominent automobile supplier
- Largest acquisition in the industrial segment to date
- Revenues above EUR 250 million, 2,400 employees
Starnberg, August 14, 2007. The Starnberg-based equity investment company,
ARQUES Industries AG (ISIN DE0005156004), will take over all shares in an
internationally automobile supplier. The seller is a group within an
international conglomerate. The parties agreed not to disclose the purchase
price.
A common press release with the sellers is planned for the end of the
month. The company produces on several continents with approximately 2,400
employees in 13 plants and realises annual revenues above EUR 250 million.
The company is currently slightly in deficit and is being sold within the
context of concentrating on core business.
The takeover is by far the largest industrial takeover by ARQUES to date.
Contact:
ARQUES Industries AG
Investor Relations & Corporate Communication
Anke Lüdemann, CEFA/CIIA
Tel.: +49 (0) 8151/ 651 0
E-mail: luedemann@arques.de
DGAP 14.08.2007
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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
Internet: www.arques.de
ISIN: DE0005156004
WKN: 515600
Indices: SDAX
Listed: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Hamburg, Düsseldorf, München, Stuttgart
End of News DGAP News-Service
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