ElringKlinger AG

EANS-Adhoc: German antitrust authorities authorize takeover of cylinder-head and exhaust system gasket business of Freudenberg Group by ElringKlinger

@@start.t1@@--------------------------------------------------------------------------------   ad-hoc disclosure pursuant to section 15 of the WpHG transmitted by euro   adhoc with the aim of a Europe-wide distribution. The issuer is solely   responsible for the content of this announcement. --------------------------------------------------------------------------------@@end@@

Antitrust Issues


Dettingen/Erms (Germany), August 5, 2010  +++  ElringKlinger AG, Dettingen/Erms, has received the approval of the German antitrust authorities for the execution of the planned takeover of the Static Metal Gaskets division of Freudenberg & Co. KG, Weinheim. The Static Metal Gaskets division of the Freudenberg Group encompasses the cylinder-head and exhaust system gaskets business. The planned takeover had been announced on July 12, 2010.

Thus, the signing of the contractual agreement and the execution of the takeover are no longer subject to the proviso of official approval, as a result of which ElringKlinger anticipates that the acquisition can come into legal effect on October 1, 2010.

In implementing the planned acquisition, ElringKlinger will strengthen its international position within the field of cylinder-head gaskets and highly heat-resistant specialty gaskets for engines and exhaust systems.

@@start.t2@@end of announcement                                                 euro adhoc

ots Originaltext: ElringKlinger AG
Im Internet recherchierbar: http://www.presseportal.ch

Further inquiry note:
ElringKlinger AG Corporate Communications
Max-Eyth-Straße 2, 72581 Dettingen/Erms
Fon: +49 (0)7123-724-640 / 137
Fax: +49 (0)7123-724-641
E-mail: stephan.haas@elringklinger.de

Branche: Automotive Equipment
ISIN:      DE0007856023
WKN:        785602
Index:    MDAX, Classic All Share, Prime All Share
Börsen:  Frankfurt / regulated dealing/prime standard
              Berlin / free trade
              Düsseldorf / free trade
              München / free trade
              Stuttgart / regulated dealing

Weitere Meldungen: ElringKlinger AG

Das könnte Sie auch interessieren: