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Abonner CHRIST WATER TECHNOLOGY AG

CHRIST WATER TECHNOLOGY AG

euro adhoc: CHRIST WATER TECHNOLOGY AG
Mergers - Acquisitions - Takeovers / CHRIST plans takeover of zeta Group

  Disclosure announcement transmitted by euro adhoc. The issuer is responsible
  for the content of this announcement.
Contracts
08.08.2007
Christ Water Technology plans to expand its Pharma & Life Sciences 
and Biotechnology business having entered into exclusive negotiations
about taking a controlling stake in zeta Group, headquartered in 
Tobelbad/Graz, Austria. With 240 staff and annual turnover of EUR 
40mn, the group of companies is a leading supplier of process 
equipment for the bio-pharmaceutical industry. Apart seizing combined
synergies in the pharmaceutical market, CHRIST is also interested in 
the areas process equipment and high-tech equipment for 
biotechnological applications. Especially in the area of media and 
preparation systems both manufacturers offer sophisticated solutions 
which could be marketed together.
"The talks have reached an advanced stage and are materially 
supported by Deloitte. Assuming commitment of all relevant parties we
expect to close a deal in the next few weeks", says CHRIST CEO DDr. 
Karl Michael Millauer.
end of announcement                               euro adhoc 08.08.2007 07:30:00

Further inquiry note:

Christ Water Technology Group
ralf.burchert@christ-water.com
Tel.: +43 (0)6232/5011-1113

Branche: Biotechnology
ISIN: AT0000499157
WKN: 675399
Index: WBI, ATX Prime
Börsen: Wiener Börse AG / official market

Plus de actualités: CHRIST WATER TECHNOLOGY AG
Plus de actualités: CHRIST WATER TECHNOLOGY AG