DGAP-News: AURELIUS sells Berlin-based Schleicher Electronic GmbH
(firmenpresse) - DGAP-News: AURELIUS AG / Key word(s): Disposal
AURELIUS sells Berlin-based Schleicher Electronic GmbH
19.06.2013 / 08:00
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PRESS RELEASE
AURELIUS sells Berlin-based Schleicher Electronic GmbH
Munich, June 19, 2013 - The Munich-based AURELIUS Group (ISIN DE000A0JK2A8)
is selling its Schleicher Electronic subsidiary. The buyer is the Dübbers
family operating out of Hamburg in northern Germany. Part of the AURELIUS
Group since July 2007, the company based in the Spandau district of Berlin
had been comprehensively restructured over recent years. Alongside the
introduction of a strict cost management system, large-scale investments
have been made in research and development. The company greatly increased
the proportion of its product that it markets itself by reorganizing and
expanding its sales function. Furthermore, the company has successfully
entered fast-growing Asian markets like China and Taiwan. The parties have
agreed not to disclose the purchase price.
Schleicher Electronic develops, produces and distributes electronic
components and control systems for tool-manufacture and special-purpose
machinery construction. Working in conjunction with its customers, the
company devises individual solutions for everything from individual
automation components to customer-specific overall concepts. German
Mittelstand firms form the core of the customer base for the Berlin-based
company that celebrated its 75th anniversary in 2012.
'The successful restructuring of Schleicher Electronic shows how important
it is to involve all parties in a process like this,' comments AURELIUS
Executive Board member Gert Purkert. 'Thanks to the good cooperation with
the Berlin branch of the IG Metall union and the huge commitment of the
workforce, we've succeeded completely in reorganizing Schleicher Electronic
over recent years.'
'Schleicher Electronic is a traditional brand with great potential,' says
Sven Dübbers, managing director of Schleicher Electronic. 'I'm delighted
that AURELIUS and parties involved have succeeded in making the company
competitive again. We will continue the successful work that has been
started and systematically pursue the path of growth that has been chosen.'
ABOUT AURELIUS
AURELIUS has been successfully operating in the international market for
company acquisitions for many years. The focus is on companies and
corporate spin-offs in markets with plenty of potential for development.
Once under the AURELIUS umbrella, the acquisitions are given a long-term
strategic orientation and their potential developed. Building on active
operational support, the subsidiaries benefit from the management
experience and financial strength of the parent company. This is what makes
AURELIUS a 'good home' for companies and their employees.
At present, the AURELIUS Group encompasses 18 subsidiaries around the globe
with facilities in Europe, Asia and the United States. Among others, these
include traditional names like Blaupunkt and Berentzen together with
numerous industrial enterprises. Companies are acquired in accordance with
strict investment criteria, although there is no specific industry focus.
Shares of AURELIUS AG are listed in the m:access segment of the Munich
Stock Exchange and are traded on all German stock exchanges under ISIN
DE000A0JK2A8.
To find out more, visit www.aureliusinvest.de.
CONTACTInvestor Relations&Corporate Communications
Phone +49 (89) 544799 - 0
Fax +49 (89) 544799 - 55
investor(at)aureliusinvest.de
End of Corporate News
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19.06.2013 Dissemination of a Corporate News, transmitted by DGAP - a
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Datum: 19.06.2013 - 08:00 Uhr
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