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Hugin Ad hoc announcement according to 15 WpHG: Acquisition: R. STAHL AG: R. STAHL acquires Tranberg AS

September 21, 2006
Hugin Ad hoc announcement according to 15 WpHG: Acquisition: R. STAHL AG: R. STAHL acquires Tranberg AS. Check it out:
(Hugin Via Thomson Dialog NewsEdge) Ad-hoc announcement processed and transmitted by Hugin ASA. The issuer is solely responsible for the content of this announcement. ------------------------------------------------------------------- --- -------------- A firm foothold in the ship building and LNG industries Waldenburg, 21. September 2006 - R. STAHL AG and the shareholders of Tranberg AS of Stavanger, Norway, have entered into a contract of sale transferring title to the enterprise to R. STAHL Technologies with effect of 1 October 2006. The purchase price remains undisclosed. The Norwegian company develops, manufactures, and distributes lighting and signal systems used in ship building and on helicopter landing decks in addition to producing explosion protected heating and control systems for industrial applications. Tranberg employs 60 persons at its Stavanger site and realised some EUR 1m EBT on 2005 sales of EUR 10m. Thanks to the resulting synergy potential, management expects additional global sales growth in the medium term. The new group member will already make a positive contribution to consolidated earnings this fiscal year. R. STAHL is via its existing subsidiary STAHL-Syberg Norway's leading explosion protection supplier. By this transaction the market position will be considerably expanded. Thanks to Tranberg's outstanding position as shipbuilding supplier, R. STAHL now has immediate access to this burgeoning growth sector. Contact: R. STAHL AG Communication / Investor Relations Judith Schauble Am Bahnhof 30, D-74638 Waldenburg, Germany Phone: +49 (7942) 943-1217, Fax: +49 (7942) 943-1364 E-mail: [email protected] --- End of Ad-hoc Message --- WKN: 725772; ISIN: DE0007257727 ; Index: CDAX, CLASSIC All Share, Prime All Share; Listed: Geregelter Markt in Frankfurter Wertpapierborse, Gate-M in Borse Stuttgart, Geregelter Markt in Borse Stuttgart, Prime Standard in Frankfurter Wertpapierborse, Freiverkehr in Bayerische Borse Munchen, Freiverkehr in Borse Berlin Bremen, Freiverkehr in Hanseatische Wertpapierborse zu Hamburg, Freiverkehr in Borse Dusseldorf;



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