voestalpine AG

euro adhoc: voestalpine AG
Strategic management decisions
voestalpine expands automotive business with major acquisition

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voestalpine expands automotive business with major acquisition

voestalpine AG listed on the Vienna Stock Exchange expands its automotive supplier business with the acquisition of three western European companies. Yesterday, Wednesday, the Division Automotive fixed by contract the majoritarian acquisition of Gutbrod Stanz- und Umformtechnik GmbH, Hügel GmbH & Co. KG (both Germany), and AMSTUTZ-LEVIN & Cie (France). The three companies combined have approximately 1,100 employees and will achieve annual sales of around EUR 210 million in 2006 with clearly positive operating results. voestalpine AG will acquire a 51% share in each of the companies via its Division Automotive and thus take over industrial leadership. It was agreed with the sellers, several private equity funds, not do disclose details on the sales price.

More information concerning the acquisition is available on our website www.voestalpine.com or contact our Investor Relations Team +43/732/65 85-99 49.

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ots Originaltext: voestalpine AG
Im Internet recherchierbar: http://www.presseportal.ch

Further inquiry note:
DI Peter Fleischer
Head of Investor Relations
Tel.: +43 732 6585-9949
Fax:  +43 732 6980-5581

Branche: Metal Goods & Engineering
ISIN:      AT0000937503
WKN:        897200
Index:    ATX, ATX Prime, WBI
Börsen:  Wiener Börse AG / official market

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