04.07.2016
Muehlhan AG DE000A0KD0F7
DGAP-News: Muehlhan AG: Syntegra offers their shares to Greverath family and management
DGAP-News: Muehlhan AG / Key word(s): Miscellaneous
Muehlhan AG: Syntegra offers their shares to Greverath family and management
04.07.2016 / 12:25
The issuer is solely responsible for the content of this announcement.
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PRESS RELEASE
Muehlhan AG: Syntegra offers their shares to Greverath family and
management
Hamburg, 4 July 2016 - Muehlhan AG has been informed by its second largest
shareholder Syntegra Investments 1 S.A.R.L. about their intention to sell
their 17.2% stake in Muehlhan AG. To that purpose, Syntegra will offer
their Muehlhan shares to the Greverath family (up to 50% of Syntegra's
stake), and to a group of 46 parties, consisting almost exclusively of
Muehlhan Group's executive staff (the remaining Syntegra's stake), at a
price of EUR 1.20 per share. A lockup period of 3 months (50% of the
acquired shares), respectively 6 months (for the remaining 50% of the
acquired shares) will apply.
About Muehlhan: Worldwide, the Muehlhan Group is a reliable partner in
industrial services and high-quality surface protection. As one of the few
full-service providers, we offer our customers a broad range of services
designed to meet the exacting quality standards expected in professional
industrial services. Our customers benefit from our exceptional
organizational skills, on-time delivery, the technical expertise that
differentiates us from our competitors and our more than 130 years of
experience.
We have an established market presence in the four business segments in
which we operate: Ship, Renewables, Oil & Gas and Industry/Infrastructure.
With our workforce of more than 2,800 employees at over 30 locations
worldwide, we generated sales revenues of EUR 239 million in 2015. We
intend
to use this stable foundation to further expand our business in the coming
years and to continue moving our Group forward through proximity to our
customers in the global market.
For more information, visit www.muehlhan.com.
Press contact: Muehlhan AG; Tel.: +49 40 75271-150; e-mail:
[email protected]
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04.07.2016 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: Muehlhan AG
Schlinckstrasse 3
21107 Hamburg
Germany
Phone: +49 40 75271 0
Fax: +49 40 75271 130
E-mail: [email protected]
Internet: www.muehlhan.com
ISIN: DE000A0KD0F7
WKN: A0KD0F
Listed: Regulated Unofficial Market in Berlin, Dusseldorf,
Hamburg, Munich, Stuttgart; Open Market (Entry Standard)
in Frankfurt
End of News DGAP News Service
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477417 04.07.2016
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