Corporate | 28 August 2006 14:11
PVA TePla AG: PVA TePla AG expands Plasma division
Corporate news transmitted by DGAP – a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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(Asslar, August 28, 2006) – The newly founded PlaTeG GmbH, Siegen, a 100%
subsidiary of PVA TePla AG, Aßlar, is to acquire the business of Plasma
Technik Grün GmbH, Siegen, Germany, from September 1, 2006. The profitable
Siegen-based company, which employs 20 staff, is expected to generate sales
of around EUR 4-5 million in the current financial year. Both parties have
agreed not to disclose the purchase price of the asset deal.
Plasma Technik Grün GmbH manufactures various plasma process-based systems
used in the surface treatment of steel, plastic and metal materials. The
specially developed PulsPlasma® technology is used to harden or finish
surfaces of engine and machine parts or tools, thereby making a decisive
improvement to durability and corrosion protection.
Similar low-pressure plasma processes can be used to clean plastic and
metal surfaces and alter these to allow the use of environmentally friendly
lacquers and adhesives.
The newly developed Plasma CVD processes make it possible to generate
nano-layers used to protect metals from corrosion and manufacture
diamond-like, hard layers, which can be used to open up new markets.
Systems used in the plasma sterilization of medical components round off
Plasma Technik Grün GmbH’s wide range of activities.
From the perspective of the PVA TePla AG’s plasma division, this
acquisition will not only generate synergy effects in the
industrial/medical sector, but will also provide a sensible supplement for
the existing product portfolio. The existing sales structures are also
complementary and both companies now have easier access to the respective
European and US markets.
Plasma Technik Grün GmbH’s existing operational activities will cease with
the completion of existing orders on hand during the current year. PlaTeG
GmbH will process new orders with immediate effect.
Current Managing Director Dr. Reinar Grün will continue to manage the
company at its traditional base in Siegen.
For further information, please contact:
Dr. Gert Fisahn
Investor Relations
PVA TePla AG
Emmeliusstrasse 33
35614 Asslar, Germany
Telephone: +49(0)6441/5692-342
Fax: +49(0)6441/5692-118
gert.fisahn@pvatepla.com
www.pvatepla.com
(c)DGAP 28.08.2006
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Language: English
Issuer: PVA TePla AG
Emmeliusstr. 33
35614 Asslar Deutschland
Phone: +49 (0)6441 56 92 342
Fax: +49 (0)6441 56 92 118
E-mail: ir@pvatepla.com
WWW: www.pvatepla.com
ISIN: DE0007461006
WKN: 746100
Indices: CDAX, PRIMEALL, TECALLSHARE, GEX
Listed: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin-Bremen, Hannover, Düsseldorf, Hamburg, Stuttgart
End of News DGAP News-Service
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