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HTI High Tech Industries AG

euro adhoc: HTI - High Tech Industries AG
Mergers - Acquisitions - Takeovers / CLOSING OF ACQUISITION OF THEYSOHN GROUP

  Disclosure announcement transmitted by euro adhoc. The issuer is responsible
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Company Information
21.03.2008
CLOSING OF ACQUISITION OF THEYSOHN GROUP
The management board of HTI High Tech Industries AG announces the 
closing of the 100% takeover of the Theysohn Group. The mechanical 
engineering group based in Korneuburg, Austria, develops, produces 
and distributes extrusion equipment for the manufacturing of plastic 
pipes, profiles and sheets and is recognized as one of the world´s 
leading producers of high-performance plastics processing machinery. 
In 2007, the Theysohn Group generated total revenues of approximately
EUR 56m. HTI High Tech Industries AG is acquiring 100% of the group 
from the previous owners, managing directors Rudolf Zahradnik and 
Siegfried Topf. As a result of the acquisition, the HTI Group´s 
business activities now include extrusion processing technology in 
addition to plastic injection moulding, the two most important 
technologies in the plastics processing industry. HTI expects to see 
growth of the business volume in the field of plastics processing in 
the future. The acquisition of the Theysohn Group represents an 
expansion of HTI´s engineering segment.
More information is available at the HTI corporate website at 
www.hti-ag.at
end of announcement                               euro adhoc

Further inquiry note:

HTI High Tech Industries AG, Nadja Goyer, Investor Relations , Tel: +43 (0) 3862
304-8562, Fax: +43 (0) 3862 304-7598, n.goyer@hti-ag.at
Hochegger Financial Relations GmbH, Dieter Riedlinger, Senior Consultant, Tel:
+43 1 504 69 87, Fax: +43 1 504 69 87 60, d.riedlinger@hochegger.com

Branche: Holding companies
ISIN: AT0000764626
WKN: A0DQ9W
Index: WBI
Börsen: Wiener Börse AG / official market

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