PVA TePla AG

ots Ad hoc-Service: TePla AG TePla announces takeover

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    Kirchheim (ots Ad hoc-Service) - TePla AG is planning the
acquisition of 100 percent of the shares of PLASMA-finish GmbH,
Schwedt. A corresponding letter of intent has been signed by both
companies on January 20.
    
        Market leader in plasma surface treatment
    
        PLASMA-finish is one of the biggest suppliers in the niche
market of plasma surface treatment. TePla can, as a result of this
takeover, position itself as the market leader in this emerging
market segment.
    
        Takeover speeds up growth
    
        Surface Technology offers a high growth potential, which in
recent years helped PLASMA-finish to achieve strong gains in
revenues. After increasing its annual turnover by an average of 40
percent, the company expects a turnover of 4.5 million marks in 2000.
Based on this, TePla can thus more than double its turnover in the
business unit Surface Technology. Further synergies are expected from
the combination of development, production and marketing activities.

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Original-Content von: PVA TePla AG, übermittelt durch news aktuell

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