Luterbach (ots) - After five years as a member of the Schaffner Group Management, CFO Martin Zwyssig has decided to leave the company during the course of 2008 to take on a new challenge. Until the appointment of a successor, Martin Zwyssig will continue to play an active role in management of the Schaffner Group as Executive Vice President and Chief Financial Officer. In addition, Robert Scherer, Chairman of the Audit ...
Zurich/Klingnau (ots) - Capvis, the Zurich-based private equity firm, has agreed to acquire de Sede, a leading manufacturer of premium quality upholstery and seating furniture from the two current private entrepreneurs, Hans-Peter Fässler and Bernhard Schüler. The transaction sets the course to strengthen the position of the international top-brand and to preserve the future of de Sede, a company steeped in tradition and located in the Swiss canton of Aargau. The ...
Luterbach (ots) The Schaffner Group increased net sales in continuing operations in fiscal 2006/2007 by 23.6% to CHF 170.3 million (2005/2006: CHF 137.8 million). Adjusted for currency effects, this represents an increase of 20.3%. Order intake grew by 23.3% to CHF 174.3 million (CHF 141.4 million), corresponding ...
IEC International Electrotechnical Commission
Geneva (ots) - The washing machine and the refrigerator are going to start "talking" to the television thanks to a new standard about to be published by the Geneva-based IEC. This new ability to network traditional household appliances with personal computers and audio-visual equipment will offer such possibilities as your television screen displaying the fact that the washing machine has finished washing your clothes ...
Baar (ots) - Manas Petroleum Corp. (OTC.BB: MNAP) has signed a MOU with a Mongolian company, Shunkhlai Energy, regarding petroleum exploration in block XXIII. Manas Petroleum has a right to purchase a 90% interest in the Mongolian company, which has won a bidding round for the block XXIII. Block ...
Zurich/Büdingen (ots) - Zurmont Madison Private Equity L.P. advised by Zurich-based Zurmont Madison Management AG has acquired a majority holding in the Röder Group headquartered in Büdingen/Germany; the Röder Group is renowned for its tent systems throughout the world. Thereby, the extraordinarily well-positioned company will receive additional industrial and ...
- Successful turnaround in operations - EBIT increase in both divisions - sustainable growth by concentrating on intrinsic strengths Zurich (ots) - In the first half of 2007, the Kardex Group achieved a turnaround in its operations, increasing its operating result by EUR 8.7 million. In the first six months of the current financial year, Kardex reported a ...
Solid growth with EMC and power quality solutions Luterbach (ots) - The Schaffner Group, which specializes in the development, production and marketing of components for electromagnetic compatibility (EMC) and power quality, increased net sales in continuing operations for the first nine months of fiscal 2006/2007 by 24.0% to CHF 125.6 million (9-months 2005/2006: ...
Zurich (ots) - Successful strategy shall be continued - controlled growth generates sustainable value - further profitability increases - no controlling majority for a minority group of shareholders - no stockpile capital increase without specific purpose - adequate representation of von Finck group of ...
Zurich (ots) - The Board of Directors and the Executive Board wish to comment on the planned control by the von Finck group of shareholders. We kindly invite you to our media conference of Today, Tuesday, 3 July 2007, 10.30 am, at the Hyatt Park Hotel Zurich Beethoven-Strasse 21, 8002 Zurich Registration is not necessary. We are looking forward to your participation. Yours sincerely, Von Roll Holding AG Oskar K. ...
Zurich (ots) - The Annual General Meeting of Kardex AG approved the creation of CHF 12,150,000 in conditional capital. Martin Wipfli was elected as a new member to the Board of Directors. All proposals put forward by the Board of Directors were approved. At the Annual General Meeting of Kardex AG in Zurich on ...
Luterbach (ots) - In its continuing operations, the Schaffner Group increased net sales of components for optimizing energy utilization and increasing the operating reliability of electrical and electronic systems in the first six months of fiscal 2006/2007 by 18.6% year on year to CHF 79.2 million (first half ...
Winterthur (ots) - SpineLab AG, a privately held company, specialized in developing a dynamic stabilization system for the spine, announced today that it has raised CHF 4 million in a first financing round. Lead investors are BioMedInvest and VI Partners. Other participants are the management and Acceleration International. Gérard Moufflet, CEO and Founder of Acceleration International has been appointed Chairman of ...
Luterbach (ots) - The Board of Directors of Schaffner Holding AG (SWX Swiss Exchange: SAHN) has appointed Mr Ah Bee Goh (*1950) as Vice President Global Manufacturing and member of the Executive Board of the Schaffner Group with effect from July 1, 2007. Based at the Schaffner plant in Thailand, he will be ...
Concentration on the global market for EMC and power quality components Luterbach (ots) - The Schaffner Group (SWX Swiss Exchange: SAHN) has signed an agreement for the sale of its Cable & ElectroEmulation business (net sales 2005/2006 approx. CHF 15 million) to the existing management. This completes the divestment of its Test Systems business. As part of the management buyout, the existing management will take over ...
- Indication: Fact-sheets in PDF can be downloaded under: http://www.presseportal.ch/de/story.htx?firmaid=100011978&lang=2 - Volketswil (ots) - The word "Switzerland" evokes images of secretive Banks, cheese, chocolate...and of course expensive mechanical luxury watches; especially so in spring, when the BaselWorld opens its doors to the worlds largest watch- and jewelry fair and when everybody's ...
Luterbach (ots) - The Schaffner Group (SWX Swiss Exchange: SAHN) is adapting its organizational structure in line with its strategic focus on the global market for components and modules to ensure EMC and efficient power quality in electronic networks. As part of the implementation of the functional ...
Luterbach (ots)- Over the business first quarter of 2006/2007, Schaffner Holding AG (SWX Swiss Exchange: SAHN) increased its net sales of electromagnetic-compatibility and power-quality components by 16.7% on the previous year's figure to CHF 34.1 million (CHF 29.3 million). Adjusted for currency effects, the rise in sales amounted to 15.5%. At the same time, order intake increased by 31.1% to CHF 45.9 million (CHF ...
Luterbach (ots) - The Schaffner Group increased its net sales in fiscal 2005/2006 by 10.3% to CHF 184.0 million (fiscal 2004/2005: CHF 166.8 million). Adjusted for currency effects, this was an increase of 8.4%. Thanks to a favorable increase in earnings in the operational business and extraordinary net proceeds of CHF 9.9 million relating to the sale of the Swiss ...
- A Picture is available via EPA (European Pressphoto Agency) and can be downloaded free of Charge at: http://www.presseportal.ch/de/story.htx?firmaid=100011432 - Klingnau (ots) - German National Stephan Unser has Been Appointed Chief Sales Officer of Sede AG, Effective January 1, 2007 45-year-old Mr. Unser holds a master's degree in business administration and has been appointed to the management board ...
Los Angeles (ots) - Cross-reference: photo was sent via satellite and is available at http://www.presseportal.de/galerie.htx?type=obs - GM Advanced Design has won the Los Angeles Auto Show's Design Challenge for the second year in a row. This year's winning entry is a two-dimensional rendering of a 2015 concept that addresses environmental sustainability. Called the HUMMER 02, this design proves that daily use of a ...
Luterbach (ots) - The Schaffner Group (SWX Swiss Exchange: SAHN) increased consolidated net sales in fiscal 2005/2006 by 10.3% to CHF 184.0 million (2004/2005: CHF 166.8 million). Adjusted for currency effects, this amounts to an increase of 8.4%. Order intake rose by 8.5% to CHF 188.5 million (CHF 173.8 ...
BAT British American Tobacco Switzerland SA
Lausanne (ots) - British American Tobacco exits Formula One at the Brazilian Grand Prix this weekend after eight years of Lucky Strike sponsorship - and brings to an end links to motorsport dating back to the 1960s. The company is honouring a commitment to leave F1 by the end of this year - a move consistent with the International Marketing Standards which it voluntarily subscribed to in 2001 along with its two ...
Luterbach (ots) - The Schaffner Group (SWX Swiss Exchange: SAHN) is acquiring JACKE Transformatoren GmbH (www.jacke-trafo.de). The integration will expand the Schaffner Group's EMC competence to include Jacke power quality technology. By acquiring Jacke, Schaffner becomes the first global company to offer ...
Munich (ots) - - GermanCapital acquires Commerzbank stake in ALNO AG - Voluntary tender offer to all shareholders, priced at EUR 7.20 per share - GermanCapital and Hellwig family will combine stakes to hold over 45 percent of the ALNO shares in joint bidding company - Strategy aims at sustainable, profitable growth, under existing ...
Luterbach (ots) - The Schaffner Group (SWX Swiss Exchange: SAHN) has sold its Swiss properties at the company's headquarters in Luterbach to the real estate investment company Espace Real Estate AG, Bienne (www.ere.ch). Schaffner's decision to sell its entire real estate holdings came after sales negotiations for ...
Erlen (ots) - The majority shareholding in the Lista Workspace and Storage Systems group of companies (Lista B+L), which generated revenues of more than CHF 220 million in 2005, is being sold to private equity company Capvis. The parties involved have agreed not to disclose the price of the sale. This transaction marks a successful conclusion to the repositioning and succession planning initiated 18 months ago with the ...
Sales and orders remain solid - preliminary agreement signed for the sale of the EMC test systems business line Luterbach (ots) - The Schaffner Group increased its net sales in the continuing Components Division by 14.2% to CHF 34.6 million in the third quarter of the current fiscal year (third quarter 2004/2005: CHF 30.3 million). Order intake also rose by 14.7% to CHF 35.2 million (CHF 30.7 million). The ...
Geneva (ots) - SWATCH marked the first session of the Human Rights Council on June 19th with the launch of the first of a series of watches, designed to stimulate continuing awareness of human rights. The blue Human Rights SWATCH watch, launched expressly for the occasion, features a large number 19 in white. This symbol refers not only to the historic birthday of the Council, but also to article 19 of the Universal ...