Komax strengthens wire processing business

Komax strengthens wire processing business

ID: 151976

(Thomson Reuters ONE) -
Komax Holding AG /
Komax strengthens wire processing business
. Processed and transmitted by Thomson Reuters ONE.
The issuer is solely responsible for the content of this announcement.

Komax strengthens core Wire business by acquiring Japanese company
MCM Cosmic KK.

MCM Cosmic was founded in Tokyo in 1992 and currently employs 15 people. The
company develops and markets wire stripping machinery. By acquiring MCM Cosmic,
Komax Wire is adding entry-segment machines and coaxial cable processing
applications to its product range. The move will also give Komax Wire better
access to Japanese customers.

Moreover, the Wire business unit is continuing to perform well, and Komax still
expects net sales revenues for the first half of 2012 to largely equal those of
the previous year.



For more information, please contact:

Marco Knuchel Tel.   +41 41 455 06 16
Head Investor Relations / Corporate Fax   +41 41 450 10 24
Communications marco.knuchel(at)komaxgroup.com
www.komaxgroup.com



The Komax Group is a leading manufacturer of wire processing machines, machines
for the production of modules for the photovoltaics market and machine systems
for the manufacture of inhalers and insulin delivery or injection systems. It
employs a workforce of around 1100 people. Alongside production facilities in
Switzerland, France, the United States, Malaysia and China, Komax also provides
sales and service support via subsidiaries and independent agents in around 60
countries.

The media release can be downloaded from the following link:




Media release (PDF):
http://hugin.info/100418/R/1616425/515524.pdf



This announcement is distributed by Thomson Reuters on behalf of




Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.

Source: Komax Holding AG via Thomson Reuters ONE
[HUG#1616425]


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Bereitgestellt von Benutzer: hugin
Datum: 31.05.2012 - 18:01 Uhr
Sprache: Deutsch
News-ID 151976
Anzahl Zeichen: 2486

contact information:
Town:

Dierikon-LU



Kategorie:

Business News



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