Schaffner Group strengthens its position in the power quality sector: Acquisition of JACKE Transformatoren GmbH enhances global growth potential
Luterbach (ots)
The Schaffner Group (SWX Swiss Exchange: SAHN) is acquiring JACKE Transformatoren GmbH (www.jacke-trafo.de). The integration will expand the Schaffner Group's EMC competence to include Jacke power quality technology. By acquiring Jacke, Schaffner becomes the first global company to offer integrated EMC, power quality and energy supply solutions for systems and equipment. The Schaffner Group expects that the integration of Jacke will generate sales of around CHF 17 million in fiscal year 2006-2007 and will have a neutral effect on the EBIT margin. It was agreed that the purchase price would not be disclosed.
The combination of Schaffner's EMC expertise and Jacke's power quality competence creates the basis for developing innovative products that will enhance not only the operating safety and efficiency of electrical and electronic systems but also their productivity and profitability. Moreover, the international organization of the Schaffner Group makes it possible to provide both customer-specific engineering and production in compliance with all the major quality and performance standards on a worldwide basis while still maintaining the company's strategic focus.
Schaffner Jacke GmbH has engineering and production capacities in Büren, Germany, and will continue to be led by the hitherto management team. With its concentration on rail vehicle technology, wind power, navigation, telecommunications and transformer engineering, it will be integrated in the Schaffner Group's international Components Division.
Calendar
November 3, 2006 Publication of fourth quarter 2005/2006 net sales
and order intakeDecember 7, 2006 Publication of Annual Report 2005/2006
(presentation)January 16, 2007 Publication of first quarter 2006/2007 net sales
and order intakeJanuary 17, 2007 Annual General Meeting of Shareholders
Schaffner - safety for electronic systems
Schaffner is the international leader in electromagnetic compatibility (EMC), focusing on high-growth sectors such as the automotive industry, building automation, industrial electronics, consumer goods, aerospace, medical technology, power supplies, telecommunications, transportation, and the public sector. Schaffner develops, produces, and markets standard and customer-specific components, modules, test systems, and test facilities. Schaffner strives to secure and expand its leading position through a program of innovation, customer-focused logistics, and cost-efficient practices.
Contact:
Roland Küpfer
Executive Vice President, Head Components
Tel.: +41/32/681'66'09
E-Mail: roland.kuepfer@schaffner.com
Martin Zwyssig
Executive Vice President & Chief Financial Officer
Tel.: +41/32/681'66'08
E-Mail. martin.zwyssig@schaffner.com
Schaffner Holding AG, CH-4542 Luterbach
Tel.: +41/32/681'66'26
Fax: +41/32/681'66'30
Internet: http://www.schaffner.com