DGAP-News: INDUS Holding AG / Key word(s): Acquisition INDUS Holding AG: 10.11.2014 / 14:49 --------------------------------------------------------------------- INDUS acquires special machinery builder MBN Bergisch Gladbach, 10 November 2014 - INDUS Holding AG has acquired a majority shareholding in MBN Maschinenbau-Gruppe, Neugersdorf, from the three owners, Ernst Lieb, Dr. Iris Kaden and Heiko Krause. Employing some 300 people, the medium-sized company from Saxony develops and manufactures automated plants and machinery for vehicle assembly. Among the company's main customers are the major German auto brands and their foreign subsidiaries and manufacturing joint ventures. MBN maintains distribution and service companies in Alabama (USA) and Changchun (China). Sales revenues for the year 2013 totalled roughly EUR 45 million. MBN clearly benefits from the ongoing trend towards more and more car models and the increasingly shorter model cycles in the auto industry. Global competition and continued cost pressure will force the automotive industry to make considerable investments in manufacture and assembly in the coming decades. Acquisition in the automation technology sector, a defined target segment of INDUS "These trends and the great development expertise of MBN guarantee continued growth as well as interesting and stable margins," said INDUS CEO Jürgen Abromeit. "The acquisition will allow us to strengthen the automation technology segment, which is our fourth target segment besides life science, energy and environment/infrastructure." The core expertise of MBN is in chassis and unit assembly (the so-called "wedding", when chassis, transmission and engine are inserted in the vehicle body) as well as in cockpit and front-end installation. MBN manufactures installation frames for all major car makers and has a global presence. MBN founder Ernst Lieb sees the sale as a way to secure the future. "Today already, we generate over 70% of our revenues outside Germany - and this business is growing steadily. A long-term investor such as INDUS gives us additional financial strength to accelerate this growth even further." All three managing partners retain a combined share of 25% in the company and will remain in charge of its business activities. The transfer of the shares is subject to anti-trust approval. Contact: Regina Wolter Corporate Communications & Investor Relations Phone +49 2204 4000 70 E-Mail [email protected] --------------------------------------------------------------------- 10.11.2014 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. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------- 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: Regulierter Markt in Düsseldorf, Frankfurt (Prime Standard); Freiverkehr in Berlin, Hamburg, München, Stuttgart End of News DGAP News-Service --------------------------------------------------------------------- 296221 10.11.2014