19.04.2017
INDUS Holding AG DE0006200108
DGAP-News: INDUS acquires 46th investment: Special machine builders in a niche market
DGAP-News: INDUS Holding AG / Key word(s): Takeover
INDUS acquires 46th investment: Special machine builders in a niche market
19.04.2017 / 10:39
The issuer is solely responsible for the content of this announcement.
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INDUS acquires 46th investment: Special machine builders in a niche market
Bergisch Gladbach, 19 April 2017 - INDUS acquires an 80% stake in the
PEISELER Group, Remscheid, thus further expanding its engineering segment.
The supplier of high-precision NC rotary tables and NC rotary tilt tables
for machine tools generates annual sales revenues of approx. EUR 24 million
and employs some 170 people at three locations in Germany and the USA. The
transaction is subject to the approval of the Federal Cartel Office.
Established as a family business in 1819, PEISELER today services both
manufacturers of machine tools and end customers in a wide variety of
different sectors such as automotive, mechanical engineering and
shipbuilding, medical engineering, watches and electrics as well as aircraft
and turbine construction. Designed to fix and position workpieces,
PEISELER's NC rotary tables and NC rotary tilt tables enable flexible
sequencing of operations on modern machining centres, manufacturing plants
and transfer lines while at the same time reducing set-up and completion
times. Apart from the initial set-up of machine tools, the company also
offers retrofitting and other services as well as spare parts. The PEISELER
Group comprises the main operating company in Remscheid as well as a
production plant in Morbach and a US distribution subsidiary in Grand
Rapids, Michigan.
The high-precision, technology-intensive positioning of small as well as
heavy workpieces at high speeds is the core competency of the company.
PEISELER uses variable drive technology as well as specially adjusted
designs to manage the forces to which the workpieces, some of them weighing
up to 50 tons, are exposed during the fast positioning. "Increased
processing speed and quality continue to gain importance in view of the
generally growing pressure to rationalise," says Dr. Benedict Korischem,
managing partner of PEISELER. "This is where PEISELER'S products come in."
The growing segment of automation, measurement and control technology is one
of INDUS' main investment targets besides energy and environmental
engineering, infrastructure/logistic technology, medical engineering and
life science as well as construction and security technology. The first
acquisition of the year 2017, measurement technology specialist M+P
INTERNATIONAL, Hannover, also operates in the strategic target market of
automation, measurement and control technology.
PEISELER was taken over by the present managing partners, Dr. Benedict
Korischem and Lothar Schwarzlose, in 2001 in the context of a succession
plan. The two previous sole proprietors will remain in place as managing
directors also following the company's integration into the INDUS Group.
"Thanks to our multi-stage transaction model, we can ensure a smooth
transition as usual - both operationally and in terms of management and
communication," says Jürgen Abromeit, CEO of INDUS. "INDUS sees itself as
the sum total of a number of unique SMEs, each of which can and should
maintain its special corporate culture."
Contact:
Nina Wolf & Julia Pschribülla
Public Relations & Investor Relations
INDUS Holding AG
Kölner Straße 32
51429 Bergisch Gladbach
Germany
Tel +49 (0) 022 04 / 40 00-73
Tel +49 (0) 022 04 / 40 00-66
E-mail [email protected]
E-mail [email protected]
www.indus.de
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19.04.2017 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Archive at www.dgap.de
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Language: English
Company: INDUS Holding AG
Kölner Straße 32
51429 Bergisch Gladbach
Germany
Phone: +49 (0)2204 40 00-0
Fax: +49 (0)2204 40 00-20
E-mail: [email protected]
Internet: www.indus.de
ISIN: DE0006200108
WKN: 620010
Listed: Regulated Market in Dusseldorf, Frankfurt (Prime
Standard); Regulated Unofficial Market in Berlin, Hamburg,
Hanover, Munich, Stuttgart, Tradegate Exchange
End of News DGAP News Service
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565491 19.04.2017
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