14.03.2018
MAX Automation SE DE000A2DA588
DGAP-News: MAX Automation SE continues its focus on core business
DGAP-News: MAX Automation SE / Key word(s): Disposal
MAX Automation SE continues its focus on core business
14.03.2018 / 08:04
The issuer is solely responsible for the content of this announcement.
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PRESS RELEASE
MAX Automation SE continues its focus on core business
- NSM Packtec GmbH subsidiary sold to China's Ningbo Lehui International
Düsseldorf/Ahaus, March 14, 2018 - MAX Automation SE has closed the sale of
NSM Packtec GmbH, a subsidiary of the Group's NSM Magnettechnik GmbH
company. This sale demonstrates the advanced engineering specialist's
ongoing focus on its core business in the Industrial Automation segment. NSM
Packtec GmbH's buyer is the Chinese company Ningbo Lehui International, one
of its country's leading suppliers of filling and packaging equipment for
food and beverages.
The sale is in line with MAX Automation's medium-term growth strategy 2021.
The strategy commits MAX Automation to aligning its activities in the
Industrial Automation segment within four strategic divisions: Mobility
Automation, Process Technologies Life Science Automation, and New Automation
Technologies. These divisions enjoy attractive growth drivers such as
vehicle CO2 emissions reduction, the increasing importance of sustainable,
eco-friendly mobility solutions, the development of connectivity (Industrie
4.0) and the general population's steadily rising health awareness, along
with the positive effects that brings to medical technology.
NSM Packtec GmbH, headquartered in Ahaus, North Rhine Westphalia, Germany,
houses extensive expertise in food and beverage filling and packaging
equipment for the dairy and alcohol-free beverage industry. It has developed
well in recent years, positioning itself as a competent, reliable partner
for its customers. The company currently employs about 50 people. Its new
owner Ningbo Lehui International will provide the company with an ideal
environment to continue developing in international growth markets for
packaging automation, particularly in Asia, and to take best advantage of
potential synergy.
The sale followed a structured selling process brokered by its M&A advisor,
the Chinese investment bank Essence, headquartered in Shanghai.
Daniel Fink, CEO of MAX Automation SE: "Selling NSM Packtec is the next step
in our growth strategy 2021, which commits us to focusing our activities on
clearly defined sustainable growth areas in Germany and abroad. Our
internationalization in the Asian market places particular emphasis on key
industries such as the automotive and medical technology sectors. We are
confident that Ningbo Lehui International will offer a strong foundation for
NSM Packtec's future development in Asia's fast-growing food and dairy
industry."
Contact:
Frank Elsner / Frank Paschen
Frank Elsner Kommunikation für Unternehmen GmbH
Phone: +49 - 5404 - 91 92 0
Fax: +49 - 5404 - 91 92 29
About MAX Automation SE
MAX Automation SE (Securities Identification Number: A2DA58) with its
headquarters in Düsseldorf is an internationally active high-tech mechanical
engineering Group and a leading full-service supplier of integrated and
sophisticated system and component solutions. Its operational business is
divided into two segments. In the Industrial Automation segment, the Group
is considered to be a trendsetter in the development and manufacturing of
integrated and proprietary solutions for use in manufacturing and assembly
in the automotive industry, medical technology, packaging machines and the
electronics industry due to its comprehensive technological know-how. In the
Environmental Technology segment, MAX Automation develops and installs
innovative systems for use by the recycling, energy and raw materials
industries.
www.maxautomation.com
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14.03.2018 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.
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Archive at www.dgap.de
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Language: English
Company: MAX Automation SE
Breite Straße 29-31
40213 Düsseldorf
Germany
Phone: +49 (0)211 90991-0
Fax: +49 (0)211 90991-11
E-mail: [email protected]
Internet: www.maxautomation.com
ISIN: DE000A2DA588
WKN: A2DA58
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich,
Stuttgart, Tradegate Exchange
End of News DGAP News Service
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663863 14.03.2018
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