Ad-hoc | 1 October 2004 10:14
SURTECO AG takes over Canadian Canplast Group
Ad-hoc-announcement transmitted by DGAP.
The issuer is solely responsible for the content of this announcement.
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SURTECO AG takes over Canadian Canplast Group
Buttenwiesen-Pfaffenhofen, 01/10/2004 – SURTECO AG is the world’s leading
supplier of surface technologies based on plastics and technical papers for
specialist applications. The Group has taken a 100 % stake in the Canplast
Group based in Montreal (Canada). The company posted sales of 48 million
Can $ (30 million EUR) in 2003 with a workforce of some 225 staff. Canplast
has manufacturing facilities in Montreal and Brampton (Canada), and in
Greensboro (USA). High-quality plastic edgings for the furnishing industry are
the main sales products.
SURTECO has improved its position in the North American market with the
acquisition of the Canplast Group. This move also underlines the significance
of the American market for the Group.
end of ad-hoc-announcement (c)DGAP 01.10.2004
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WKN: 517 690; ISIN: DE0005176903; Index:
Listed: Amtlicher Markt in Frankfurt (Prime Standard) und München; Freiverkehr
in Berlin-Bremen, Düsseldorf und Stuttgart
011014 Okt 04