16.01.2017
Muehlhan AG DE000A0KD0F7
DGAP-News: Muehlhan AG: Muehlhan Group strengthens its scaffolding business in the Netherlands
DGAP-News: Muehlhan AG / Key word(s): Expansion/Takeover
Muehlhan AG: Muehlhan Group strengthens its scaffolding business in the
Netherlands
16.01.2017 / 09:56
The issuer is solely responsible for the content of this announcement.
---------------------------------------------------------------------------
Muehlhan AG: The Muehlhan Group strengthens its scaffolding business in the
Netherlands
Hamburg, 16 January 2017 - Muehlhan AG (Entry Standard; ISIN DE000A0KD0F7)
has acquired the business of the medium-sized Dutch scaffolding company
Degraform Bekistingen en Steigers BV. The acquisition was part of an asset
deal. By providing scaffolding for infrastructure projects, Degraform
generates annual sales revenues in the mid-single-digit millions range. The
company will be integrated into Muehlhan's Rotterdam scaffolding division,
which concentrates on shipyard work. The previous owners will remain with
the company and will continue to actively expand the scaffolding business
in the Netherlands in the future.
The Degraform acquisition is another step in Muehlhan's strategy to reduce
its dependence on the maritime surface-protection business while expanding
its work in the Industry/Infrastructure segment. The Group's financial
strength and utilization of synergy effects from the integration will help
Muehlhan to profitably expand its share of the scaffolding market at its
Rotterdam site.
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 EUR239 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]
---------------------------------------------------------------------------
16.01.2017 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
---------------------------------------------------------------------------
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, Tradegate Exchange; Open
Market (Entry Standard) in Frankfurt
End of News DGAP News Service
---------------------------------------------------------------------------
536579 16.01.2017
|
Weitere Ad-hoc und Unternehmensrelevante Mitteilungen zu
Muehlhan AG ISIN: DE000A0KD0F7 können Sie bei EQS abrufen
Oberflächen/Verpackung , A0KD0F , M4N , MUN:M4N