Komax expands its core business
(Thomson Reuters ONE) -
Komax Holding AG /
Komax expands its core business
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The issuer is solely responsible for the content of this announcement.
On 8 August 2012, Komax entered into an agreement with Hamburg based financial
investor BPE on the acquisition of all interests in TSK Prüfsysteme GmbH of
Porta Westfalica, Germany. TSK is one of the world's leading suppliers of
products and services for the quality assurance of electrical and electronic
assemblies and components, particularly wire harnesses. The company has a
workforce of around 350. The acquisition will strengthen Komax's core Wire
business unit and further expand its strong market position.
TSK Prüfsysteme GmbH has been committed to the quality assurance of electrical
and electronic systems and modules prior to installation since it was
established in 1983. Today, wire harness testing systems comprising test
modules, measurement systems, test benches and software are its biggest business
unit. TSK currently has six production sites worldwide and generates annual
sales of around CHF 30 million.
TSK's product and service offering is a perfect match for Komax Wire's
activities. Furthermore, there are synergies as regards customers, distribution
and the service business. Komax is acquiring TSK from BPE, Hamburg, a financial
investor.
For more information, please contact:
Marco Knuchel Phone +41 41 455 06 16
Head Investor Relations/Corporate Communications marco.knuchel(at)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/1632829/523814.pdf
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Source: Komax Holding AG via Thomson Reuters ONE
[HUG#1632829]
Unternehmensinformation / Kurzprofil:
Datum: 09.08.2012 - 07:01 Uhr
Sprache: Deutsch
News-ID 173064
Anzahl Zeichen: 2975
contact information:
Town:
Dierikon-LU
Kategorie:
Business News
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"Komax expands its core business"
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