Corporate | 14 January 2010 14:49
INDUS Holding AG / Acquisition
14.01.2010
Dissemination of a Corporate News, transmitted by
DGAP - a company of EquityStory AG.
The issuer / publisher is solely responsible for the content of this announcement.
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Bergisch Gladbach, January 13, 2010 - Following years of restraint due to
high price levels, INDUS Holding AG intends to increasingly exploit
acquisition opportunities once again in 2010. At the beginning of the year,
INDUS has therefore taken over a further 25 %, and thus all of the
remaining shares, in OBUK Haustürfül¬lungen GmbH & Co. KG in Oelde. OBUK
manufactures plastic and aluminum fillings for premium sector house doors
and is among the market leaders in this segment.
The previous co-partner, Günther Keutmeier, 57, has consequently left the
management. His successor, Thomas Althaus, 42, managed a window
manufacturing company in his previous role. In spite of the economic
crisis, OBUK managed to increase its sales and earnings in 2009, generating
sales of more than Euro 20 million with its workforce of around 130
employees.'By taking over OBUK, we have acquired a thoroughly healthy
company, one which is highly profitable even during the crisis. We are
currently working on buying a further company before the end of the first
quarter of 2010', commented Helmut Ruwisch, Chairman of the Board of
Management of INDUS Holding AG. The investment portfolio currently consists
of 40 medium-sized companies.
Contact:
Regina Wolter
Corporate Communications & Investor Relations
Phone +49 2204 4000 70
E-Mail wolter@indus.de
14.01.2010 Ad hoc announcement, Financial News and Media Release distributed by DGAP.
Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English
Company: INDUS Holding AG
Kölner Straße 32
51429 Bergisch Gladbach
Deutschland
Phone: +49 (0)2204 40 00-0
Fax: +49 (0)2204 40 00-20
E-mail: indus@indus.de
Internet: www.indus.de
ISIN: DE0006200108
WKN: 620010
Listed: Regulierter Markt in Frankfurt (Prime Standard), Düsseldorf;
Freiverkehr in Berlin, München, Hamburg, Stuttgart
End of News DGAP News-Service
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