euro adhoc: GESCO AG
Mergers - Acquisitions - Takeovers
GESCO acquires Dömer
Group and considers capital increase of up to 10% of shareholders capital
Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement.
30.08.2005
Wuppertal, 30 August 2005 - Prime Standard-listed holding company, GESCO AG, has acquired 100 per cent of the shares in the Dömer Group, which is based in Lennestadt. The Group comprises Dömer Stanz- und Umformtechnik GmbH + Co. KG and J. Dömer Werkzeugbau GmbH and, with approximately 80 employees, generates annual sales exceeding EUR 10 million. The Dömer Group will be included for four months in the consolidated financial statements of the GESCO Group for financial year 2005/2006 (01.04.2005 - 31.03.2006).
Following this acquisition, the Executive Board and the Supervisory Board of GESCO AG are considering the possibility of implementing a capital increase of up to 10% of the current shareholders capital excluding shareholders subscription rights. The authorized capital was created at the Annual General Meeting held in 2004.
end of announcement euro adhoc 30.08.2005 08:29:13
Further inquiry note:
Oliver Vollbrecht
Leiter Investor Relations
T.: +49(0)202 24820 18
info@gesco.de
Branche: Economy, Business & Finance
ISIN: DE0005875900
WKN: 587590
Index: Prime Standard, CDAX, Classic All Share, Prime All Share
Börsen: Baden-Württembergische Wertpapierbörse / regulated dealing
Berliner Wertpapierbörse / free trade
Hamburger Wertpapierbörse / free trade
Bayerische Börse / free trade
Bremer Wertpapierbörse (BWB) / free trade
Frankfurter Wertpapierbörse / official dealing
Börse Düsseldorf / official dealing
Original content of: GESCO AG, transmitted by news aktuell