12.04.2016
Dürr Aktiengesellschaft DE0005565204
DGAP-Adhoc: Dürr is reviewing strategic options for further developing cleaning and surface processing technology
Dürr Aktiengesellschaft / Key word(s): Strategic Company Decision
12.04.2016 08:01
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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Dürr is reviewing strategic options for further developing cleaning and
surface processing technology
Dürr AG - WKN 556520 / ISIN DE0005565204
Bietigheim-Bissingen, April 12, 2016 - Dürr AG is currently reviewing
various strategic options for the future focus and further growth of the
Dürr Ecoclean Group, a leading company in the field of cleaning and surface
processing technology. The objective is to enter into a strategic
partnership, though a minority position for Dürr through to selling the
operations off are possible, too.
The business unit was successfully refocused over the past few years,
enabling it to lastingly turn its profitability around. In 2015 it recorded
sales of around EUR 200 million and an EBIT margin of around 6 %. Dürr
Cleaning and Surface Processing operates in a growing, though fragmented
market characterized by a high number of competitors. Almost two-thirds of
sales are transacted with the automotive industry and its suppliers, with
Dürr Ecoclean also servicing the precision engineering, optical and medical
technology industries.
12.04.2016 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: Dürr Aktiengesellschaft
Carl-Benz-Str. 34
74321 Bietigheim-Bissingen
Germany
Phone: 07142 78-1785
Fax: 07142 78-1716
E-mail: [email protected]
Internet: www.durr.com
ISIN: DE0005565204, XS1048589458
WKN: 556520, A1YC44
Indices: MDAX
Listed: Regulated Market in Frankfurt (Prime Standard), Stuttgart;
Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg,
Hanover, Munich; Terminbörse EUREX
End of Announcement DGAP News-Service
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