euro adhoc: A-TEC Industries AG
Mergers - Acquisitions - Takeovers
A-TEC
Industries AG acquires 10 % of Norddeutscher Affinerie AG
Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement.
Company Information/Norddeutsche Affinerie
15.06.2007
Vienna, 15 June 2007: The international industrial group A-TEC Industries AG (ISIN AT00000ATEC9) discloses today the acquisition of a 10.00045 % stake or respectively 3,715,600 shares of Norddeutsche Affinerie AG (ISIN DE0006766504).
A-TEC Industries shall be understood in this regard as long-term strategic investor. The purchase price was not disclosed.
About Norddeutsche Affinerie AG: The Norddeutsche Affinerie Group is the largest copper producer in Europe and as well the largest copper recycler worldwide. It produces about 800,000 tonnes of copper and copper products annually and with about 3,200 employees is one of the leading copper producers worldwide. Sales amounted to EUR 5.8 bn for the business year 2005/06.
About A-TEC Industries: Vienna listed A-TEC Industries AG is a Vienna-based international industrial group with successful operations in drive systems, plant engineering, machine tools and metallurgy. The Group currently employs around 11,000 people, and the financial results for 2006 show sales revenues of EUR 1.6 bn.
end of announcement euro adhoc 15.06.2007 08:15:00
Further inquiry note:
A-TEC INDUSTRIES AG
Wächtergasse 1
A-1010 Wien
Gerald Wechselauer
Head of Investor Relations
Phone: +43 1 22760 - 130
Mobile: +43 (0)664 6104475
Fax: +43 1 22760 - 160
Email: gerald.wechselauer@a-tecindustries.com
www.a-tecindustries.com
Branche: Holding companies
ISIN: AT00000ATEC9
WKN:
Index: ATX Prime
Börsen: Wiener Börse AG / regulated dealing/prime standard