EANS-Adhoc: Rosenbauer International AG Rosenbauer expands in Slovenia /
Acquisition adds manufacturing capacity for implementing growth strategy /
90-percent stake in Slovenian superstructure manufacturer Mettis International
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update to an ad-hoc disclosure transmitted by euro adhoc with the aim of a
Europe-wide distribution. The issuer is solely responsible for the content
of this announcement.
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Mergers - Acquisitions - Takeovers
03.12.2012
In continuance of its strategy of growth, the Rosenbauer Group signs an
agreement to acquire a 90-percent stake in the Slovenian fire fighting vehicle
manufacturer Mettis International d.o.o. At its plant in Gornja Radgona, near
Maribor in Slovenia, the company manufactures fire fighting vehicles for local
markets, superstructures for custom vehicles, and crew-cabs for fire fighting
vehicles. Mettis has around 60 employees and posted revenues of 6.4 Mio EUR in
2011.
"The acquisition of this stake in Mettis International is an important step for
Rosenbauer in terms of implementing our growth strategy. With the new base that
it gives us in Radgona, the transaction opens up additional growth opportunities
for us in Slovenia and neighbouring Balkan markets. It is also a cost-effective
means of acquiring additional resources and capacity that Rosenbauer will need
in order to continue its organic growth", explains Dieter Siegel, CEO of
Rosenbauer International AG.
Rosenbauer will be fully consolidating this new equity interest.
Further inquiry note:
Rosenbauer International AG
Mag. Gerda Königstorfer
Tel.: 0732/6794-568
gerda.koenigstorfer@rosenbauer.com
end of announcement euro adhoc
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issuer: Rosenbauer International AG
Paschingerstrasse 90
A-4060 Leonding
phone: +43(0)732 6794 568
FAX: +43(0)732 6794 89
mail: ir@rosenbauer.com
WWW: www.rosenbauer.com
sector: Machine Manufacturing
ISIN: AT0000922554
indexes: WBI, ATX Prime
stockmarkets: free trade: Berlin, Stuttgart, official market: Wien
language: English