Ad-hoc | 18 October 2004 10:56
Koenig & Bauer AG acquires remaining shares of Metronic AG
Ad-hoc-announcement transmitted by DGAP.
The issuer is solely responsible for the content of this announcement.
——————————————————————————–
Koenig & Bauer AG acquires remaining shares of Metronic AG
KBA has followed up its acquisition in January of a 73.9% stake in Metronic with
the purchase of the remaining shares from company founder Torald L
Rohloff for an undisclosed sum.
Metronic manufactures inkjet, hot stamping, laser and thermal transfer ID
devices for industrial applications, plus UV offset printing systems for CDs,
DVDs, DCRs and plastic cards. For the 2004 business year, in which it will be
consolidated in KBA’s group accounts for the first time, the company is
targeting sales worth EUR36m ($44.9m).
end of ad-hoc-announcement (c)DGAP 18.10.2004
——————————————————————————–
WKN: 719350; ISIN: DE0007193500; Index: SDAX
Listed: Amtlicher Markt in Frankfurt (Prime Standard) und München; Freiverkehr
in Berlin-Bremen, Düsseldorf, Hamburg und Stuttgart
181056 Okt 04