Ad-hoc | 4 August 2006 19:47
Turbon AG: Asset Purchase and Supply Agreement with Tecknolaser
Ad hoc announcement transmitted by DGAP – a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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Turbon AG: Asset Purchase and Supply Agreement with Tecknolaser
With immediate effect Turbon AG through its subsidiary Turbon International
Inc. has acquired assets of Tecknolaser Global Company, Canada, and
Tecknolaser USA Inc. The acquired assets include customers, inventories and
production equipment. In addition Turbon and Tecknolaser have entered into
a supply agreement according to which Tecknolaser will purchase laser
cartridges from Turbon to supply its remaining customer base in the coming
three years. From 2007 Turbon expects due to the combination of customer
take over and supply agreement sales of minimum US Dollar 15.0 million per
annum. Based on the original customer/supplier relationship between the
companies Turbon calculated with sales to Tecknolaser of around US Dollar
6.0 million in 2006.
Hattingen, August 04, 2006
Turbon AG
(c)DGAP 04.08.2006
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Language: English
Issuer: Turbon AG
Ruhrdeich 10
45525 Hattingen Deutschland
Phone: +49 (0)2324 – 504-0
Fax: +49 (0)2324 – 504-156
E-mail: info@turbon.de
WWW: info@turbon.de
ISIN: DE0007504508
WKN: 750450
Indices:
Listed: Geregelter Markt in Frankfurt (General Standard), Düsseldorf;
Freiverkehr in Berlin-Bremen, Hamburg, München, Stuttgart
End of News DGAP News-Service
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