DGAP-News: CFC Industriebeteiligungen AG: CFC Industriebeteiligungen AG acquires NewTal Elektronik und Systeme GmbH
(firmenpresse) - DGAP-News: CFC Industriebeteiligungen AG / Key word(s): Acquisition
CFC Industriebeteiligungen AG: CFC Industriebeteiligungen AG acquires
NewTal Elektronik und Systeme GmbH
22.12.2010 / 09:05
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- CFC Industriebeteiligungen acquires NewTal Elektronik und Systeme GmbH
- Expansion of the business unit 'Electronic Manufacturing Services -
EMS'
Dortmund, December 22, 2010
CFC Industriebeteiligungen AG (ISIN: DE000A0LBKW6), Dortmund, has signed a
purchase agreement to acquire 100% of the shares of NewTal Elektronik und
Systeme GmbH. NewTal has been owned by the previous managing partners, who
acquired the company through an MBO in 2002. The purchase price of the
transaction will not be disclosed. The transaction is subject to closing
conditions in favour of CFC, which are expected to be fulfilled in January
2011.
The company, which is headquartered in Neu-Ulm, has established itself as a
reliable partner for its customers in Southern Germany. With its 65
employees, NewTal generates sales of roughly EUR 10 million in the fiscal
year 2010.
Similar to Letron electronic GmbH, a company already owned by CFC, NewTal
Elektronik und Systeme GmbH develops, manufactures, and sells electronic
components and systems. The combination of the homogenous product and
service portfolios and the complementary distribution structures will
result in extensive synergies and growth potential for both companies.
Thus, CFC consequently expands its successfully developed activities in the
segment Electronic Manufacturing Services - EMS.
contact:
CFC Industriebeteiligungen AG
Westfalendamm 9
44141 Dortmund
Jan Philipp Gieselberg
Phone: + 49 (0) 231 222 40 500
E-Mail: info(at)cfc.eu.com
End of Corporate News
22.12.2010 Dissemination of a Corporate News, transmitted by DGAP - a
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107317 22.12.2010
Datum: 22.12.2010 - 09:05 Uhr
Sprache: Deutsch
News-ID 32917
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Kategorie:
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