SW Umwelttechnik Stoiser & Wolschner AG
euro adhoc: SW Umwelttechnik Stoiser & Wolschner AG
Mergers - Acquisitions -
Takeovers
SW Umwelttechnik merges Austrian operations
Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement.
01.07.2005
* Foundation of SW Umwelttechnik Österreich GmbH * Merging of all water treatment activities in Austria * Partnership with Rieder in all Austrian subsidiaries * Turnover of EUR 25 Mio with 180 employees
SW Umwelttechnik, which has sites in Klagenfurt, Sierning and Lambach, is a leading manufacturer of separation, rainwater recycling and surface water protection systems. SW Umwelttechnik Stoiser & Wolschner AG is being transformed into a pure holding company spinning off these three operations.
Alpha Umwelttechnik GmbH is the market leader in Carinthia for pipes and manholes, and is also a major producer for tanks for environmental applications.
Lienz based Betonwerk Nageler GmbH & Co KG is a leading manufacturer of separators and infrastructure products such as bridges, precast structural elements and floor systems.
With effect from 1 July 2005 these three companies have been merged to form SW Umwelttechnik Österreich GmbH, creating one of the main suppliers of environmental technology in Austria.
The innovative Maishofen / Salzburg based Betonwerk Rieder GmbH is the leading manufacturer of infrastructural products like noise barriers and safety lanes. Participating in companies in Germany and Austria Betonwerk Rieder GmbH will - as long term partner of SW - increase the capital into SW Umwelttechnik Österreich GmbH. This step will simplify the groups organisational structures and processes, and enable the businesses concerned to pool their marketing resources. The merger has already enabled them to streamline their product ranges and optimise capacity utilisation at the various factories.
The new company, with its five production sites, will be in a position to expand its market presence in Austria, and will also be aiming to step up efforts to develop the North Italian and Slovenian markets. The reorganisation has been implemented during the past few months, meaning that customers will begin benefiting from the new structures in place at SW Umwelttechnik Österreich GmbH from today.
end of announcement euro adhoc 01.07.2005 12:30:57
Further inquiry note:
Contact
Dr. Bernd Wolschner
Chief Executive Officer, SW Umwelttechnik Österreich GmbH
Tel: +43/(0)7259/3135-0; Fax: +43/(0)7259/3135-6
Mail: bernd.wolschner@sw-umwelttechnik.at
Web: www.sw-umwelttechnik.at
Branche: Technology
ISIN: AT0000808209
WKN: 080820
Börsen: Berliner Wertpapierbörse
Baden-Württembergische Wertpapierbörse
Börse Düsseldorf
Wiener Börse AG