Hans Einhell AG

euro adhoc: Hans Einhell AG
Mergers - Acquisitions - Takeovers
Mergers 6 Acquisitions

-------------------------------------------------------------------------------- Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement. -------------------------------------------------------------------------------- 13.06.2007 Ad hoc announcement according § 15 WpHG" Mergers & Acquisitions Einhell Group buys Intratek in Turkey The Einhell group buys 85% shares of the company INTRATEK MÜHENDiSLiK VE DIS TiCARET ANONiM SiRKETi (Intratek), Atatürk Mah. Girn Cd. No. 45, 34750 K.Bakkalköy-Kadiköy Istanbul; Turkey, with the consent of the supervisory board. Intratek operates as an established and successful wholesale company in the area hand tools and power tools. The company supplies the international do-it-your-self store chains as well as the local retailers. Einhell feels confident to cover successfully the important strategic market of Turkey within the scope of this new partnership. The transaction should be closed with effect from 14th June 2007 subject to the payment of the fixed purchase price. The Einhell group will cover the purchase price from the ordinary cash flow. The total purchase price strongly depends on the results of the next several years. In the medium term, a sales target of EUR20million will be considered as realistic. According to this decision the Einhell group can cover a further strategic important strong growing market. Landau/Isar, 13th June 2007 The board of directors end of announcement euro adhoc 13.06.2007 13:26:42 -------------------------------------------------------------------------------- ots Originaltext: Hans Einhell AG Im Internet recherchierbar: http://www.presseportal.ch Further inquiry note: Helmut Angermeier Prokurist Telefon: +49 (0)9951-942 166 Fax: +49 (0)9951-942 293 E-Mail: angermeierh@einhell.de Branche: Wholesale ISIN: DE0005654933 WKN: 565493 Index: CDAX Börsen: Börse Berlin-Bremen / free trade Hamburger Wertpapierbörse / free trade Baden-Württembergische Wertpapierbörse / free trade Börse Düsseldorf / free trade Bayerische Börse / free trade Frankfurter Wertpapierbörse / regulated dealing/general standard

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