Zurich (ots) - Integration of French distribution partner Kardex Group, the leading global provider of dynamic storage and retrieval systems, is acquiring Leader Systèmes SA (www.leadersystemes.com) from the company's founder effective 21 September 2007. Leader Systèmes SA is domiciled in Le Mesnil-le-Roi near Paris. Operating on the dynamic storage systems market, Leader Systèmes SA is also sole ...
Zurich (ots) - Kardex Group company System Schultheis AG, domiciled in Rapperswil, is to be sold to Winterthur-based Fehr Langgutlagertechnik AG, a manufacturer of automatic storage systems for long bars and sheets, (www.fehrllt.ch) effective 1 October 2007. System Schultheis AG generated approximately 1% of KRM division revenues in the 2006 business year. The ...
- 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 ...
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 ...
Measures to sustainably strengthen Group to be proposed to Annual General Meeting Zurich (ots) - Substantial growth at KRM and Stow - divestment of AFT depresses shareholders' equity In those business divisions in which it is continuing operations - KRM (Dynamic Storage and Retrieval Systems) and Stow (Static Storage Systems) - the Kardex Group generated a ...
Zurich (ots) - Kardex AG is selling its AFT division effective February 21, 2007 to the Munich-based Certina Group since agreement could not be reached with the original buyer (see media information dated December 22, 2006) on the terms of the closing. The contract with the Certina Group was signed and closed yesterday. As previously published, the anticipated extraordinary costs for the restructuring and hive-off of ...