EANS-News: Semperit launches M&A activities with company acquisition in the facade construction sector

Corporate news transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is responsible for the content of this announcement.

Mergers - Acquisitions - Takeovers/Company Information

Vienna/Austria, 16 December 2020 -

  • Contract signed to take over M&R Dichtungstechnik GmbH, based in Seligenstadt/ Germany
  • Closing already planned for January 2021

The Semperit Group will take over M&R Dichtungstechnik GmbH, a manufacturer of profiles for facade construction based in Seligenstadt near Frankfurt am Main/ Germany. The corresponding contracts were signed today, Wednesday. The parties have agreed not to disclose the purchase price.

"Following far-reaching and successful restructuring, we are embarking on a first small acquisition step as part of our focus on industrial rubber, which closes a gap in our portfolio and thus represents an important step for our core business segment Profiles," says Martin Füllenbach, CEO of Semperit AG Holding. "Our industrial strategy focuses on both a higher degree of customer proximity and increasingly inorganic growth. As a full-range supplier, we generate greater added value for our customers together with M&R Dichtungstechnik GmbH and develop towards a 'one stop shop'."

Under the umbrella of the Semperit Group, which is taking over a 51% share, the previously owner-managed M&R Dichtungstechnik GmbH will be continued with a clear focus on its given strengths and integrated into the Semperseal segment within the next twelve months. The previous sole owner will remain on board as managing director. Founded in 1995, the company employs 25 people and generated revenue of around EUR 8 million in 2019.

end of announcement euro adhoc

issuer: Semperit AG Holding
Modecenterstrasse 22
A-1030 Wien
phone: +43 1 79 777-310
FAX: +43 1 79 777-602
mail: judit.helenyi@semperitgroup.com
WWW: www.semperitgroup.com
ISIN: AT0000785555
indexes: WBI, ATX PRIME, ATX GP
stockmarkets: Wien
language: English

Digital press kit: http://www.ots.at/pressemappe/2918/aom

Rückfragen & Kontakt:

Monika Riedel
Director Group Brand Management, Corporate Spokesperson
+43 676 8715 8620
monika.riedel@semperitgroup.com

Judit Helenyi
Director Investor Relations
+43 676 8715 8310
judit.helenyi@semperitgroup.com

www.semperitgroup.com

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