ASSYSTEM : ASSYSTEM extends its automotive capabilities
(Thomson Reuters ONE) -
Paris, 13 March 2017, 5.35 p.m. - Assystem S.A. (ISIN code: FR0000074148 - ASY)
Assystem extends its automotive capabilities
Assystem has acquired end of February a 100% interest in Automotive Solutions
Germany GmbH ("ASG"),
a German company specialised in the design of automotive lighting systems which
is expected to generate ?5 million in revenue in 2017.
This acquisition extends Assystem's automotive capabilities to high-end lighting
systems and further enlarges its offering to its client base, among which the
German OEMs and First Tier parts manufacturers.
Andreas Spiegelberger, ASG's Managing Director, will now be a member of Assystem
Germany executive team, headed by Alexander Graf.
"With ASG, we expect to achieve the very same objective as the one achieved with
the acquisition end of 2015 of the French company Plast Concept, a specialist in
the design of plastic parts for the automotive industry: enlarging our global
offering portfolio, gaining access to new market segments and serving
our customers with state-of-the-art engineering solutions. We are delighted to
now count ASG among
the Group's entities", said Roch Thaller, Vice-president Automotive &
Transportation Assystem.
* * *
About Assystem
Assystem is an international group specialised in engineering. As a key
participant in the industry for 50 years, Assystem supports its clients in
developing their products and managing their capital expenditure throughout the
product life cycle. Assystem employs some 12,500 people worldwide and generated
?956 million in revenue in 2016. Assystem S.A. is listed on Euronext Paris.
For more information please visit www.assystem.com - Follow Assystem on Twitter:
(at)Assystem
Contacts:
Media relations Daniel Da Costa, ddacosta(at)assystem.com
(+33 (0)1 55 65 03 18)
Investor relations Agnès Villeret, Komodo,
agnes.villeret(at)agence-komodo.com
(+33 (0)6 83 28 04 15)
ASSYSTEM acquires ASG GmbH:
http://hugin.info/143356/R/2087306/787734.pdf
This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: ASSYSTEM via GlobeNewswire
Unternehmensinformation / Kurzprofil:
Datum: 13.03.2017 - 17:36 Uhr
Sprache: Deutsch
News-ID 529834
Anzahl Zeichen: 2840
contact information:
Town:
Paris
Kategorie:
Business News
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