Bitempo GmbH acquires 49% interest in Klöckner Information Services GmbH
Duisburg (euro adhoc) -
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Duisburg, July 4, 2007 - Bitempo GmbH, Düsseldorf, a corporate consultant for the IT sector, has acquired a 49% interest in Klöckner Information Services GmbH (KIS), the service provider of the Klöckner & Co Group. The acquisition will take effect retroactively as at January 1, 2007. Klöckner & Co AG will retain 51% of KIS.
KIS focuses on business process and IT consulting, specializing in SAP migration, support and ongoing development. It operates its own data center in Duisburg. In addition to its Duisburg headquarters, KIS has branches in Leeds, Madrid and Valencia.
"Thanks to Bitempo's investment, KIS is boosting its knowledge base," said Gisbert Rühl, member of the Management Board of Klöckner & Co responsible for IT.
About Klöckner & Co AG:
Klöckner & Co is the largest independent producer and distributor of steel and metal products in the European and North American markets combined. The core business of the Klöckner & Co Group is the storage and distribution of steel and non-ferrous metals. About 200,000 active customers are supplied through approximately 250 distribution locations in 15 countries in Europe and North America. Klöckner & Co was founded more than 100 years ago by Peter Klöckner. During the financial year 2006, the Company achieved sales of approximately EUR5.5 billion with around 10,000 employees. The shares of Klöckner & Co Aktiengesellschaft are admitted to trading on the official market segment (Amtlicher Markt) of the Frankfurt Stock Exchange (Frankfurter Wertpapierbörse) with simultaneous admission to the sub-segment (Prime Standard) to the official market with further post-admission obligations. ISIN: DE000KC01000; WKN: KC0100; Common Code: 025808576.
Contacts: Peter Ringsleben, Claudia Uhlendorf - Corporate Communications
Klöckner & Co AG Am Silberpalais 1 D - 47057 Duisburg
Peter Ringsleben Phone: +49 203 307 2800 Fax: +49 203 307 5060 e-mail: peter.ringsleben@kloeckner.de
Claudia Uhlendorf Phone: +49 203 307 2289 Fax: +49 203 307 5103 e-mail: claudia.uhlendorf@kloeckner.de
end of announcement euro adhoc 04.07.2007 15:32:49
Further inquiry note:
Nadine Hagemus
Telefon: +49(0)203-307-2288
E-Mail: nadine.hagemus@kloeckner.de
Branche: Metal Goods & Engineering
ISIN: DE000KC01000
WKN: KC0100
Index: CDAX, Classic All Share, Prime All Share, MDAX
Börsen: Börse Frankfurt / official dealing/prime standard
Börse Berlin / free trade
Börse Hamburg / free trade
Börse Stuttgart / free trade
Börse Düsseldorf / free trade
Börse München / free trade