Sattler & Partner AG
Sattler & Partner consolidates Asia business
Sattler & Partner AG / Alliance/Quarter Results Release of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer / publisher is solely responsible for the content of this announcement. ---------------------------------------------------------------------- Schorndorf / Stuttgart, October 18th, 2007: After two years of preparation, Sattler & Partner takes a holding in founding an M&A business in Shanghai, China. Founding formalities are being completed at the present time. This will utterly benefit the great interest of Chinese companies in German technology-oriented companies. To this day, there has been numerous talks with Chinese investors and also visits of potential Chinese buyers to Germany. The business of Sattler & Partner AG, which often represents German sellers, should thereby be strongly enlivened on the long run. Sattler & Partner can thus offer new exit opportunities – which were so far inaccessible especially for medium-sized targets – not only to German entrepreneurs, but also to private equity investors, who aim at selling their technology investments. Sattler & Partner was able to further increase turnover and revenue as on 30.09.2007 versus the previous year. The result per share on 30.09.2007 amounts to 1.60 EUR compared to 1.15 EUR in the preceding year. Sattler & Partner is currently working on several transactions, which are yet to be closed in 2007. Sattler & Partner is a management consultancy specialized in the sector of technology-oriented companies. It operates in the business of buying and selling companies (M&A) as well as corporate finance. The shares of the company are traded in the open market of the stock exchanges of Frankfurt, Stuttgart, Munich, Düsseldorf and Berlin/Bremen under the ISIN DE000A0HN4M8. For further information and inquiries, please contact Andreas Sattler, Chairman, phone +49 718165120, fax +49 718162424, email: info@sattlerundpartner.de, Sattler & Partner AG, P.O.Box 1123, 73601 Schorndorf. 18.10.2007 Financial News transmitted by DGAP ---------------------------------------------------------------------- Language: English Issuer: Sattler & Partner AG Künkelin-Straße 49 73601 Schorndorf Deutschland Phone: 07181-65120 Fax: 07181-62424 E-mail: info@sattlerundpartner.de Internet: www.sattlerundpartner.de ISIN: DE000A0HN4M8 WKN: A0HN4M Listed: Freiverkehr in Berlin, Stuttgart, München, Düsseldorf; Open Market in Frankfurt End of News DGAP News-Service ---------------------------------------------------------------------------
Latest News
Latest Reports
No Reports found
Upcoming Events
No Events found
Webcasts
No Webcasts found