12.02.2015 07:33:33
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Press Release: Komax Holding AG: Complete takeover of SLE quality engineering
Komax Holding AG / Komax Holding AG: Complete takeover of SLE quality engineering . Processed and transmitted by Nasdaq OMX Corporate Solutions. The issuer is solely responsible for the content of this announcement.
Komax is acquiring the remaining 40% of SLE quality engineering with retroactive effect from 1 January 2015.
SLE quality engineering has continued to enjoy strong development since Komax took its first stake of 30% in March 2011 and a further 30% as of 1 January 2014. As part of a staggered succession plan, Komax is now acquiring the remaining 40% holding in the company with effect from 1 January 2015. SLE has around 70 employees. SLE develops and produces semi-automatic equipment for processing coaxial cables and four-wire lines for high-frequency data transfer, micrograph laboratories and crimp force monitoring systems. Komax and SLE will be intensifying their successful collaboration and further expanding their joint activities.
For further information, please contact:
Marco Knuchel Phone +41 41 455 06 16 Head Investor Relations / Corporate marco.knuchel@komaxgroup.com Communications
The Komax Group is a global technology company that focuses on markets in the automation sector. As a leading manufacturer of innovative and high-quality solutions for the wire processing industry and systems for the manufacture of self-medication solutions, Komax helps its customers implement economical and safe manufacturing processes, especially in the automotive supply and pharmaceutical sectors. The Komax Group employs around 1500 people worldwide and provides sales and service support via subsidiaries and independent agents in around 60 countries.
The media release can be downloaded from the following link:
Media release (PDF): http://hugin.info/100418/R/1893744/671101.pdf
This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Komax Holding AG via Globenewswire
HUG#1893744
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Komax Holding AG
Industriestrasse 6 Dierikon-LU Switzerland
WKN: 1070215 ;ISIN: CH0010702154;
http://www.komax.ch (END) Dow Jones Newswires
February 12, 2015 01:02 ET (06:02 GMT)- - 01 02 AM EST 02-12-15
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