Ad hoc Media release: Green light for purchase of Herzing+Schroth
(Thomson Reuters ONE) -
Feintool International Holding AG /
Ad hoc Media release: Green light for purchase of Herzing+Schroth
. Processed and transmitted by Thomson Reuters ONE.
The issuer is solely responsible for the content of this announcement.
On 25 April 2012, Germany's federal cartels office (Bundeskartellamt) authorized
the Feintool Group's acquisition of Herzing+Schroth. As a result, the purchase
contract signed on 14 March 2012 will come into force within the next few weeks.
With this acquisition, Feintool will further strengthen its global and
technological lead while at the same time focusing on highly demanding
fineblanking and forming applications. Herzing+Schroth is an excellent strategic
match for Feintool. Its technological expertise will enhance the new group's
position in the area of forming, which is closely related to fineblanking, while
also considerably increasing its geographical reach in both the US and the Asian
markets. For Feintool, this move is a logical continuation of the focus strategy
it has pursued over the last three years.
For further information, please feel free to contact our media spokesperson
Karin Labhart at +41 32 387 51 63 or karin.labhart(at)feintool.com.
Feintool International Holding AG
Industriering 8, CH-3250 Lyss
Phone +41 (0)32 387 51 11
Fax +41 (0)32 387 57 81
feintool-fim(at)feintool.com
www.feintool.com
The press release can be downloaded from the following link:
Press Release (PDF):
http://hugin.info/100443/R/1606113/508945.pdf
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(i) the releases contained herein are protected by copyright and
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(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Feintool International Holding AG via Thomson Reuters ONE
[HUG#1606113]
Unternehmensinformation / Kurzprofil:
Datum: 26.04.2012 - 07:01 Uhr
Sprache: Deutsch
News-ID 139387
Anzahl Zeichen: 2242
contact information:
Town:
Lyss
Kategorie:
Business News
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"Ad hoc Media release: Green light for purchase of Herzing+Schroth"
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Feintool International Holding AG (Nachricht senden)
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