Tous Actualités
Suivre
Abonner ATB Austria Antriebstechnik AG

ATB Austria Antriebstechnik AG

EANS-Adhoc: ATB Austria Antriebstechnik AG
ATB Austria Antriebstechnik disposes of French ATB Selni subsidiary

  ad-hoc disclosure transmitted by euro adhoc with the aim of a Europe-wide
  distribution. The issuer is solely responsible for the content of this
  announcement.
Spin-offs
10.02.2010
Vienna, February 10, 2010 - ATB Austria Antriebstechnik AG (ISIN 
AT0000617832) has sold its wholly-owned subsidiary ATB Selni, a 
manufacturer of electric motors and pumps for white goods located in 
Nevers, France. The shares were transferred today.
The disposal was by way of a management buy-out under a contract 
signed on 19 January 2010. The transfer of the shareholder ledgers 
and the shares to the purchaser, SELNI Investissement SAS, in 
accordance with French law took place with effect from today. The 
parties agreed to keep the purchase price confidential.
The ATB Group´s withdrawal from the white goods market is in line 
with its long-term strategy, and will help it tighten its focus on 
its core markets.
ATB Selni had entered the procedure de redressement judiciaire 
(administration) under French law, and was accounted for as a 
discontinued operation.
end of announcement                               euro adhoc

Further inquiry note:

Gerald Wechselauer
Investor Relations
Phone: +43 1 22760 - 130
Email: ir@a-tecindustries.com

Branche: Technology
ISIN: AT0000617832
WKN:
Index: Standard Market Auction
Börsen: Wien / official market

Plus de actualités: ATB Austria Antriebstechnik AG
Plus de actualités: ATB Austria Antriebstechnik AG