Dürr Aktiengesellschaft
Dürr AG:Dürr and Voith sign contract for the sale of Premier
Ad hoc announcement §15 WpHG
Dürr and Voith sign contract for the sale of Premier
Dürr AG:Dürr and Voith sign contract for the sale of Premier
Ad hoc announcement transmitted by DGAP.
The issuer is solely responsible for the content of this announcement.
——————————————————————————
Dürr and Voith sign contract for the sale of Premier
Stuttgart, March 15, 2005 – As announced in February 2005, Dürr AG, Stuttgart,
is selling its Services business unit to Voith Group, which is based in
Heidenheim. The Services unit consists of the Premier Group including the core
company Premier Manufacturing Support Services Inc., based in Cincinnati,
Ohio, USA. The purchase agreement was signed today at 8 p.m.
Both parties to the contract agreed to maintain confidentiality as regards the
purchase price. Consummation of the purchase agreement is subject to the
usual qualifications including approvals from antitrust authorities.
On February 23, 2005 Dürr AG announced that as part of the realignment in
Group structure it intended to spin off its Services business unit. According
to the preliminary financial figures prepared according to IFRS, the Premier
Group achieved 2004 sales of EUR 159 million and posted a profit. The company
has approximately 5,500 employees.
Since March 1, 2005 Dürr has reorganized its operations to hinge on two
divisions, Paint and Assembly Systems as well as Measuring and Process
Systems. Previously, the corporation had five business units.
Contact:
Dürr AG
Stephan Haas
Corporate Communications & Investor Relations
Tel.: +49 (0)711 136-1785
Fax: +49 (0)711 136-1034
corpcom@durr.com
Dürr AG
Otto-Dürr-Strasse 8
70435 Stuttgart – Zuffenhausen
Deutschland
ISIN: DE0005565204 (SDAX)
WKN: 556520
Listed: Amtlicher Markt in Frankfurt (Prime Standard) und Stuttgart;
Freiverkehr in Berlin-Bremen, Düsseldorf, Hamburg und Hannover
End of ad hoc announcement (c)DGAP 15.03.2005
152124 Mär 05
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