BWT Aktiengesellschaft

EANS-Adhoc: BWT Aktiengesellschaft
BWT signs framework agreement for the takeover of the majority in Mettem Technologies in Russia, strengthens its market presence in the consumer business

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Mergers - Acquisitions - Takeovers/Company Information
23.01.2015


Mondsee, 23 January 2015. The BWT Group has strengthened its presence in the
point-of-use consumer business with a majority interest in the Mettem
Technologies Group, Moscow, secured by the signing of a framework agreement. 

Last year, Mettem Technologies generated revenue of around RUB 2.6 billion)
(approximately EUR35 million). With its "BARRIER" brand, it is the market leader
for table water filters in Russia and also holds significant shares in the
market for inline filter systems. 

BWT CEO Andreas Weissenbacher says: "We will use our participation in
Mettem/Barrier to proceed with the internationalisation of the BWT Group,
especially in the promising Asian markets for point-of-use business. In future,
BWT-BARRIER's activities will also be supported by BWT table water filters'
unique magnesium technology."

The new joint holding company will be headquartered in Mondsee, Austria, where
the operations of the new BWT Consumer Group will be managed. The closing of the
transaction is subject to different conditions, among other things, to approval
by antitrust authorities and is expected during the first half-year 2015. The
parties have agreed not to disclose the purchase price.



Released for publication.



About BWT

The Best Water Technology Group is Europe's leading water technology company.
BWT's 2,600 employees work to provide clients in private households, industries,
commerce, hotels and municipalities with innovative, economic and ecological
water treatment and technologies that ensure the highest standards of safety,
hygiene and health in their daily contact with water. BWT offers modern
treatment systems and services for drinking water, pharmaceutical and process
water, water for heating, boilers and cooling, and water for air conditioning
systems and swimming pools. BWT's R&D department uses state-of-the-art methods
and the latest processes and materials to develop environmentally-friendly,
cost-effective products. A crucial focus is on minimising the products' resource
and energy consumption, thereby reducing CO2 emissions.


Further inquiry note:
BWT Aktiengesellschaft
Josef Nußdorfer
Investor Relations & Corporate Communications
Walter-Simmer-Str. 4, 5310 Mondsee, Austria
T +43 6232 5011-1113
E-Mail: Josef.Nussdorfer@bwt-group.com

end of announcement                               euro adhoc 
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issuer:      BWT Aktiengesellschaft
             Walter-Simmer-Str. 4
             A-5310 Mondsee
phone:       06232/5011-0
FAX:         06232/4058
mail:     office@bwt.at
WWW:      www.bwt-group.com
sector:      Water Supply
ISIN:        AT0000737705, AT0000737705; AT0000737705
indexes:     Standard Market Auction
stockmarkets: official market: Wien 
language:   English
 



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