euro adhoc: A-TEC Industries AG
Mergers - Acquisitions - Takeovers
A-TEC
Industries AG increased holding in Cumerio S.A. from 11.9% to 17.5%
Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement.
Company Information/Cumerio
29.06.2007
Vienna, 29 June 2007: A-TEC Industries AG (ISIN AT00000ATEC9) discloses today the holding of 17.5% or respectively 4,509,123 shares of the Belgium copper producer Cumerio S.A. (ISIN BE0003819365). The stake increased from 11.9% previously announced to 17.5%.
A-TEC Industries AG considers this acquisition as long-term strategic investment. The purchase price was not disclosed.
About Cumerio S.A.: Cumerio S.A. is listed on the Euronext stock-exchange in Brussels and is one of the leading companies in smelting, refining, recycling, and transformation of copper in Europe. Cumerio S.A. is headquartered in Brussels and has industrial operations in Belgium, Bulgaria, Italy and Switzerland. Cumerio S.A. generated a turnover in 2006 of some EUR 3.4 bn and as at 31 December 2006 Cumerio S.A. employed some 1,450 people
About A-TEC Industries AG: Vienna listed A-TEC Industries AG is a Vienna-based international industrial group with successful operations in drive systems, plant engineering, machine tools and metallurgy. The Group currently employs around 11,000 people, and the financial results for 2006 show sales revenues of EUR 1.6 bn.
end of announcement euro adhoc 29.06.2007 19:01:34
Further inquiry note:
A-TEC INDUSTRIES AG
Wächtergasse 1
A-1010 Wien
Mag. Gerald Wechselauer
Leiter Investor Relations
Phone: +43 1 22760 - 130
Mobile: +43 (0)664 6104475
Fax: +43 1 22760 - 160
Email: gerald.wechselauer@a-tecindustries.com
www.a-tecindustries.com
Branche: Holding companies
ISIN: AT00000ATEC9
WKN:
Index: ATX Prime
Börsen: Wiener Börse AG / Regulated free trade