28.12.2015
Grammer AG DE0005895403
DGAP-Adhoc: Grammer AG: Acquisition of metal and plastics specialist Reum by Grammer AG approved and completed
Grammer AG / Key word(s): Takeover
28.12.2015 16:35
Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
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Ad hoc announcement in accordance with Section 15 of the German Securities
Trading Act
GRAMMER AG (WKN 589540, ISIN DE0005895403)
Acquisition of metal and plastics specialist Reum by Grammer AG approved
and completed
Amberg, December 28, 2015 - Grammer AG has completed the acquisition of
Reum Kunststoff- und Metalltechnik GmbH and Reum Polska Sp.z.o.o., and
hence the entire Reum Group following the clearance of the transaction by
the competition authorities.
The Reum Group has 950 employees and generated sales of around EUR 130
million in 2014. The purchase price for the share capital of Reum including
the acquired properties totals EUR 50 million. The transaction is being
financed via Grammer AG's existing credit facilities.
With the acquisition of the Reum Group as a leading specialist in surface,
plastics and metal technologies, Grammer will be able to additionally widen
its range of products and deliveries and expand its own technological
skills.
GRAMMER AG
The Executive Board
Contact:
GRAMMER AG
Ralf Hoppe
Phone: 0049 9621 66 2200
[email protected]
28.12.2015 The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English
Company: Grammer AG
Postfach 14 54
92204 Amberg
Germany
Phone: +49 (0)9621 66-0
Fax:
E-mail: [email protected]
Internet: www.grammer.com
ISIN: DE0005895403, DE0005895403
WKN: 589540, 589540
Indices: SDAX
Listed: Regulated Market in Frankfurt (Prime Standard), Munich;
Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg,
Stuttgart
End of Announcement DGAP News-Service
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