ARQUES Industries AG / Acquisition
06.08.2008
Release of a Corporate News, transmitted by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
---------------------------------------------------------------------------
ARQUES subsidiary, Rohé takes over German gas station supplier Hünert
- Rohé Group sustainably improves its market position in Germany
- Takeover enables expansion of business activities to Northern Europe
Starnberg, August 6, 2008 - The internationally operating Rohé Group, a
100% subsidiary of ARQUES Industries AG (ISIN DE0005156004), has taken over
the German gas station supplier, Hünert Tanktechnik GmbH, Gödenstorf
(Schleswig-Holstein). Hünert Tanktechnik primarily operates in Northern and
East Germany and generated revenues of approximately EUR 12 million in
2007. By means of this strategic takeover, the Rohé Group that has been
acquired by ARQUES in June 2007 expands its activities in Germany and
increases its consolidated revenues by approximately 10%. Regulatory
approval is pending.
Hünert Tanktechnik GmbH with headquarters in Gödenstorf,
Schleswig-Holstein, is a service provider specialising in the assembly and
maintenance of gas stations and facilities for clients own consumption and
ranks among the top 5 suppliers in this segment in Germany. Founded in
1976, the company has six facilities in Northern and East Germany and
generated revenues to the value of EUR 12 million in 2007 with
approximately 150 employees.
Rohé will continue both the service agreements of Hünert Tanktechnik taken
over within the context of the transaction as well as the auxiliary
business.
'In Hünert Tanktechnik, Rohé has taken over one of the leading and most
renowned German gas station service providers. This improves the Rohé
Groups market position in Germany and places Rohé in a position to service
the markets in Northern Europe', said Jan Satek, managing director of the
Rohé Group.
Rohé is a leading, internationally operating service provider for gas
stations and car washes. The group of companies specialises in the
construction, installation, and maintenance of hydraulic, electric, and
electronic systems at gas stations and car washes. Rohé offers its services
from one source and actively promotes the development of new products and
services. Rohé is represented with its own foreign branches in 17 countries
in Central and Eastern Europe.
About ARQUES
ARQUES Industries AG, Starnberg, (www.arques.de), is a business partner of
conglomerates regarding company spin-offs and a turnaround specialist who
focuses on the acquisition and the active restructuring of companies in
transitional situations, in order to develop these, with its own team and
own resources, to competitive enterprises with a positive yield. ARQUES
revitalises its subsidiaries' potential for creating value for the benefit
of all its stakeholders, taking on the relevant social responsibility. The
shares of ARQUES Industries AG are traded in the regulated market (Prime
Standard) of the Frankfurt Stock Exchange under the symbol 'AQU' (ISIN:
DE0005156004) and are listed in the SDAX.
Contact
ARQUES Industries AG
Investor Relations & Corporate Communication
Anke Lüdemann, CEFA/CIIA
Email: luedemann@arques.de
Public Relations
Christian Schneider
Email: schneider@arques.de
Tel.: +49 (0) 8151/ 651 0
DGAP 06.08.2008
---------------------------------------------------------------------------
Language: English
Issuer: ARQUES Industries AG
Münchner Str. 15a
82319 Starnberg
Deutschland
Phone: +49 (0)8151 651-0
Fax: +49 (0)8151 651- 500
E-mail: luedemann@arques.de
Internet: www.arques.de
ISIN: DE0005156004
WKN: 515600
Indices: SDAX
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Hamburg, Düsseldorf, München, Stuttgart
End of News DGAP News-Service
---------------------------------------------------------------------------
DGAP-News: ARQUES subsidiary, Rohé takes over German gas station supplier Hünert
| Source: EQS Group AG