Komax acquires majority holding in SLE quality engineering
(Thomson Reuters ONE) -
Komax Holding AG /
Komax acquires majority holding in SLE quality engineering
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The issuer is solely responsible for the content of this announcement.
Komax Wire's acquisition of SLE quality engineering expands its already
extensive range and augments its expertise in processing wires for high-
frequency data transmission in automobiles.
Komax has held a 30 percent stake in SLE quality engineering GmbH und Co. KG
since March 2011. As part of an orderly succession process, Komax will now
acquire a majority holding as of 1 January 2014. The company will be affiliated
to the Wire business unit.
In view of SLE quality engineering's extensive expertise in the development and
production of semi-automatic equipment for processing coaxial cables and four-
wire lines, in micrograph laboratories and in crimp force monitoring systems,
the company's products represent a further valuable extension of Komax Wire's
already extensive product range. In return, Komax Wire will support SLE quality
engineering by making available its acknowledged competencies in all areas of
wire processing along with its global sales and service network.
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 global technology company that focuses on markets in the
automation sector. As a leading manufacturer of innovative and high-quality
solutions for the wire processing industry, for the production of modules for
the photovoltaics market and for systems for the manufacture of self-medication
solutions, Komax helps its customers implement economical and safe manufacturing
processes, especially in the automotive supply, solar panel and pharmaceutical
sectors. The Komax Group employs around 1350 people worldwide and 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/1745210/587388.pdf
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originality of the information contained therein.
Source: Komax Holding AG via GlobeNewswire
[HUG#1745210]
Unternehmensinformation / Kurzprofil:
Datum: 27.11.2013 - 07:00 Uhr
Sprache: Deutsch
News-ID 320666
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