EANS-News: Semperit AG Holding
Semperit Concludes Acquisition of Profile
Producer Leeser
-------------------------------------------------------------------------------- Corporate news transmitted by euro adhoc. The issuer/originator is solely responsible for the content of this announcement. -------------------------------------------------------------------------------- Mergers - Acquisitions - Takeovers Semperit successfully concluded the acquisition of Leeser GmbH & Co. KG ("Leeser") with the formal closing of the transaction today. Anti-trust authorities approved the acquisition of the German profile producer by the Semperit Group without imposing any conditions. With the acquisition of Leeser, Semperit strengthens its Segment Semperform (Business Unit Building Profiles) as a complete provider on the profiles market. It has taken a further step in its expansion on the growth market for building profiles. Together the companies offer a future-oriented product portfolio in attractive niche markets. Leeser perfectly complements the existing Semperform business, especially in profiles for windows, doors and facades. As a result, Semperit will be able to better serve customers and open up new markets. Leeser operates two production plants located near Düsseldorf, Germany. In 2014 Leeser generated revenue of approx. EUR 37 million in Europe, employing a workforce of about 200 people. The sales focus of the company established in 1968 is mainly on the markets in Western Europe and the region of Germany, Austria and Switzerland. Synergies should be leveraged by bundling know-how, especially in the field of ultra high frequency technology. The Semperform plant in Deggendorf will continue to be the Group's competence centre for profiles for PVC-windows. The sites near Düsseldorf will keep their focus on moss rubber and co-extruded gaskets for aluminium windows and facades. About Semperit The publicly listed company Semperit AG Holding is an internationally-oriented group that develops, produces, and sells in more than 100 countries highly specialised rubber and plastic products for the medical and industrial sectors: examination and surgical gloves, hydraulic and industrial hoses, conveyor belts, escalator handrails, construction profiles, cable car rings, and products for railway superstructures. The headquarters of this long-standing Austrian company, which was founded in 1824, are located in Vienna, and the global R & D centre is in Wimpassing, Lower Austria. The Semperit Group employs about 7,100 people worldwide, including close to 4,100 in Asia and more than 800 in Austria (Vienna and production site in Wimpassing, Lower Austria). The group has 22 manufacturing facilities worldwide and numerous sales offices in Europe, Asia, and America. In 2014 the group generated sales of EUR 930 million and an EBITDA of EUR 136 million. About Semperform The Segment Semperform of the Semperit Group is a leading European manufacturer of moulded and extrusion products made of rubber and plastic. The extensive product portfolio ranges from escalator handrails, elastomer and seal profiles for windows and doors, anti-vibration membranes for skis and snowboards to sleeper beds for railway tracks and cable car rings. These customised products are manufactured at production sites in Austria, Germany, Hungary and China. In 2014 the Segment Semperform generated revenue of EUR 129 million (about 14% of total Group revenue) and an EBITDA of EUR 19 million. With 40% of the segment revenue the Business Unit Building Profiles is the largest within Semperform. Further inquiry note: Martina Büchele Head of Group Communications Tel.: +43 676 8715 8621 martina.buechele@semperitgroup.com www.semperitgroup.com ; Stefan Marin Investor Relations Tel.: +43 676 8715 8210 stefan.marin@semperitgroup.com end of announcement euro adhoc -------------------------------------------------------------------------------- company: Semperit AG Holding Modecenterstrasse 22 A-1030 Wien phone: +43 1 79 777-210 FAX: +43 1 79 777-602 mail: investor@semperitgroup.com WWW: www.semperitgroup.com sector: Synthetics & Plastics ISIN: AT0000785555 indexes: WBI, ATX Prime, ViDX, Prime Market, ATX Global Players stockmarkets: official market: Wien language: English
Original content of: Semperit AG Holding, transmitted by news aktuell