Palfinger Holding AG

euro adhoc: Mergers - Acquisitions - Takeovers
PALFINGER AG - Company Takeover/aerial working platforms

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Company Information


Ad-hoc R E L E A S E

o PALFINGER plans takeover of ELEVANT aerial working platforms unit from WUMAG GmbH

Bergheim, Salzburg, 20 June 2008

PALFINGER AG, which is listed on the Vienna Stock Exchange and headquartered in Salzburg, is in the final stages of taking over the ELEVANT aerial working platforms unit of WUMAG GmbH. The contracts have already been negotiated, and the approval of the Supervisory Board of PALFINGER AG and the Advisory Board of WUMAG GmbH has been secured as of today. The antitrust authorities are likely to approve the takeover in summer 2008.

Since the final negotiations were successful, the portfolio of PALFINGER AG will be supplemented and revenues increased by approximately 5 percent.

end of announcement                               euro adhoc

Further inquiry note:

Hannes Roither, PALFINGER AG
Company Spokesperson
Phone +43 662 46 84-2260

Branche: Machine Manufacturing
ISIN: AT0000758305
WKN: 919964
Index: ATX Prime, ATX
Börsen: Wiener Börse AG / official market

Original-Content von: Palfinger Holding AG, übermittelt durch news aktuell

Weitere Meldungen: Palfinger Holding AG

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