Corporate | 23 October 2007 08:45
H.P.I. Holding AG / Miscellaneous
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Investment Zimmer + Kreim awarded more large orders in Asia
+++ Growth from Asia on the back of two additional large-scale orders
+++ SAMSUNG and omni industries ordering eroding machines worth around EUR
2 million
Munich, October 23, 2007: H.P.I. Holding AG (SIN: 600190; ISIN:
DE0006001902) was again able to win two new large-scale orders in Asia via
its 100 percent stake in Zimmer + Kreim GmbH & Co. KG, which develops and
manufactures eroding machines, handling systems and software solutions.
This is the third large-scale order from South Korean SAMSUNG for the
one-stop provider of high-end systems solution and pioneer in the
automation of eroding machines. Zimmer + Kreim is the global technical
market leader in the field of systems providers in networking eroding
machines and handling systems with software. The company also claimed
another order from Asia. omni in China was taken by the quality of the
machines. Both orders are worth around EUR 2 million and relate to
automation systems, which each include either two or three eroding
machines, as well as networking the technical processes of four milling
machines with handling systems and the necessary Zimmer + Kreim software.
The machines are to be delivered in the current quarter.
'The volume of both customers stands out given the fact that the Zimmer +
Kreim investment generated sales of EUR 11.8 million with the sale of
around 70 machines in the financial year 2006. The point that tipped the
scales in gaining customers’ trust was the quality and the technical
superiority of the product in systems solutions, in which we understand
ourselves as being the global niche market leader. We want to leverage this
quality lead for our business activities in the Asian market which has a
potential demand of around 2,000 machines annually. In the medium-term we
are aiming at a market share in the region of 5 to 10 percent,' explains
Jörg Rafael, Chairman of H.P.I. Holding AG.
The Chairman
About H.P.I. Holding AG:
H.P.I. Holding AG focuses on acquiring majority stakes in specialised SME
manufacturing companies. The holding invests in SME niche operators, which
have established a leading position in their respective market segment. The
value of these companies is to be increased by strategically developing
them in a long-term commitment and by introducing know-how in the fields of
controlling, cost management, investment, finance and expansion. Currently
H.P.I. Holding AG holds two major stakes. These include August Berger
Metallwarengabrik GmbH – a European market leader in the field of clamping
rings which are mainly used to seal barrels – and Zimmer & Kreim GmbH & Co.
KG – a developer and manufacturer of eroding machines, handling systems and
software solution for the tooling and injection-moulding industries. Zimmer
& Kreim is the technological world leader in the segment systems providers,
i.e. networking eroding machines and handling systems with software. H.P.I.
Holding AG is listed on the Open Market of the Frankfurt Stock Exchange.
Company contact:
H.P.I Holding AG
Mannhardtstrasse 6
D-80538 München
www.hpi-holding.de
Phone: +49 (0)89 - 45 22 098 - 0
Fax: +49 (0)89 - 45 22 098 - 22
info@hpi-holding.de
Agency contact:
GFEI Gesellschaft für Effekteninformationen mbH
Carl Bosch Haus
Hamburger Allee 26-28
60486 Frankfurt am Main
Phone: +49 (0)69 - 743 037 - 00
Fax: +49 (0)69 - 743 037 - 22
www.gfei.de
ir-hpi@gfei.de
23.10.2007 Financial News transmitted by DGAP
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Language: English
Issuer: H.P.I. Holding AG
Mannhardtstr. 6
80538 München
Deutschland
Phone: 089 / 45 22 098 - 0
Fax: 089 / 45 22 098 - 22
E-mail: info@hpi-holding.de
Internet: www.hpiholding.de
ISIN: DE0006001902
WKN: 600190
Listed: Open Market in Frankfurt
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