Feintool sells IMA Automation Berlin to Mikron
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Feintool International Holding AG /
Feintool sells IMA Automation Berlin to Mikron
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The issuer is solely responsible for the content of this announcement.
Yesterday afternoon Feintool reached agreement with Mikron on the sale of
automation specialist IMA Automation Berlin GmbH, based in Berlin, Germany, to
the Swiss industrial group at the beginning of 2012. All 71 employees will
transfer to Mikron. The deal will be finalized once the responsible competition
authorities have given their approval.
Subject to the approval of the responsible competition authorities, the sale
will take place retroactively with effect from 1 January 2012. Feintool and
Mikron have agreed not to disclose the price. "In Mikron we are delighted to
have found a buyer that is a good strategic and operational fit for IMA Berlin,"
said Heinz Loosli, Feintool CEO, commenting on the sale. "This will safeguard
the site's continued development over the long term. Feintool regards the sale
as a further step in the process of focusing on its core businesses. We are
particularly pleased that we can offer all 71 affected employees and apprentices
good perspectives in the Mikron Group."
About the Feintool Group
As world market leader in fineblanking technology with around 1,400 employees,
Feintool is the only global supplier to offer its customers the entire process
of fineblanking with state-of-the-art press technology through to the mass
production of fineblanking components and sophisticated assembly technology. The
IMA site in Berlin, Germany, specializes in high-quality, reliable automation
systems for the automotive and solar industry. 71 employees create innovative
solutions for primarily European customers.
About the Mikron Group
The Mikron Group is a globally operating, leading provider of machining and
automation solutions for the large-series manufacturing of high-precision
products. Its main markets are the automotive supply, pharmaceutical and
medtech, writing instrument, electronics and watchmaking industries. As such
Mikron and IMA Berlin are an excellent match for each other. The Group employs
around 1,000 people, most of whom work in Switzerland. Mikron also has sites in
Germany, the United States, Singapore and China.www.mikron.com
Further information may be obtained from Karin Labhart, Media Spokesperson, at
any time by calling +41 (0)32 387 51 63 or e-mailingkarin.labhart(at)feintool.com.
The press release can be downloaded from the following link:
Press Release (PDF):
http://hugin.info/100443/R/1581503/493964.pdf
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originality of the information contained therein.
Source: Feintool International Holding AG via Thomson Reuters ONE
[HUG#1581503]
Unternehmensinformation / Kurzprofil:
Datum: 01.02.2012 - 07:00 Uhr
Sprache: Deutsch
News-ID 109727
Anzahl Zeichen: 3499
contact information:
Town:
Lyss
Kategorie:
Business News
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"Feintool sells IMA Automation Berlin to Mikron"
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