DGAP-News: Von Roll takes over Albesiano and strengthens positioning in liquids/ resin and varnish market
03.06.2013 – 07:03
EquityStory AG-News: Von Roll Holding AG / Key word(s): Mergers & Acquisitions Von Roll takes over Albesiano and strengthens positioning in liquids/ resin and varnish market 03.06.2013 / 07:00 --------------------------------------------------------------------- Von Roll takes over Albesiano and strengthens positioning in liquids/resin and varnish market » Value chain extended » Enhanced core competence in liquids, a growth market Au / Waedenswil, 3 June 2013 - Von Roll Holding AG has today acquired a 100% interest in the Italian company Albesiano Sisa vernici S.r.l., a specialist liquids/resin and varnish manufacturer. The acquisition takes place in line with Von Roll's corporate strategy of focusing more closely on its core business in future. Von Roll already has strong expertise in liquids. By expanding this division of its business, Von Roll achieves a stronger positioning in the global competition and in major distribution channels. Achim Klotz, CEO of Von Roll Holding AG, comments: 'Albesiano's product portfolio is an excellent fit with our own and enhances our ability to compete. Furthermore, very good growth opportunities arise in this segment.' About Von Roll Holding Ltd: As one of Switzerland's longest established industrial companies, Von Roll focuses on products and systems for power generation, transmission and distribution. Von Roll employs about 2 800 people at more than 30 locations in 19 countries, and is one of the global market leaders for insulation products, systems and services. Kontakt: Julia Dunkake, Corporate Communications T: +41 44 204 3032, F: +41 44 204 3039, E: press@vonroll.com This press release is based on information currently available. Unforeseeable risks and influences may lead to discrepancies with statements portrayed here. Furthermore, rounding differences may lead to discrepancies in the reported figures. The release is originally prepared in German and then translated into English. In the event of any discrepancy, the German version prevails. For more detailed information on the company and business development, please see the Annual and Semi-Annual Report of Von Roll Holding AG. They are available in digital form at http://www.vonroll.com/en/financial-reports.html. End of Corporate News --------------------------------------------------------------------- 03.06.2013 This press release was distributed by EQS CORPORATE COMMUNICATIONS. www.eqs.com - news archive: www.eqs.com/ch/presskit The issuer is responsible for the contents of the release. --------------------------------------------------------------------- Language: English Company: Von Roll Holding AG Steinacherstr. 101 8804 Au Switzerland Phone: +41 44 204 3500 Fax: +41 44 204 3000 E-mail: reception@vonroll.com Internet: www.vonroll.com ISIN: CH0003245351 Listed: Freiverkehr in Berlin, Düsseldorf, München, Stuttgart; Frankfurt in Open Market ; SIX End of News EquityStory AG News-Service --------------------------------------------------------------------- 214247 03.06.2013