Jetter AG

euro adhoc: Jetter AG
Mergers - Acquisitions - Takeovers
Jetter AG, Ludwigsburg, in takeover talks with Control Developments (UK) Ltd. - Ad-hoc announcement § 15 WpHG

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Ludwigsburg, 26 November 2007. Jetter AG (ISIN: DE0006264005), the Ludwigsburg-based supplier of efficient automation solutions, has begun talks to take over the  British company Control Developments (UK) Ltd. Control Developments is a leading supplier of electro-hydraulic control systems for the automotive industry. Its shareholder´s funds as per Companies House totalled KGBP 636 by the end of 2006. The combined intellectual, personnel and financial resources of both companies should create a powerful supplier of control solutions for mobile automation. The talks are in an early stage, terms and conditions of the acquisition are kept strictly confidential.

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ots Originaltext: Jetter AG
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Further inquiry note:
Günter Eckert
Telefon: +49-7141-2550-514

Branche: Semiconductors & active components
ISIN:      DE0006264005
WKN:        626400
Index:    CDAX, Prime All Share, Technologie All Share
Börsen:  Börse Frankfurt / regulated dealing/prime standard
              Börse Berlin / free trade
              Börse Hamburg / free trade
              Börse Stuttgart / free trade
              Börse Düsseldorf / free trade

Weitere Meldungen: Jetter AG

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