DGAP-Adhoc: Grammer AG signing contract for the acquisition

Grammer AG  / Key word(s): Acquisition

22.10.2015 18:40

Dissemination of an Ad hoc announcement according to Â§ 15 WpHG, transmitted
by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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Ad hoc announcement in accordance with Section 15 of the German Securities
Trading Act
GRAMMER AG (WKN 589540, ISIN DE0005895403)

Grammer AG signing contract for the acquisition of metal and plastics
specialist Reum

Amberg, October 22, 2015 - Grammer AG has today signed a contract for the
acquisition of the Reum Group, a leading specialist in surface, plastics
and metal technology. Reum is specialized in developing and manufacturing
high-quality, design-oriented metal and plastic combinations, interior
components and surface refinements for the automotive industry. Reum Group
has around 950 employees and generated sales of around EUR 130 million in
2014.

With this acquisition, Grammer will be enhancing its own technological
capabilities in innovative manufacturing processes and will be able to
complete and specifically expand its current delivery scope and product
portfolio especially for center consoles following the integration of the
Reum product range.

Grammer is buying 100% of Reum Group's share capital from H.T.P.
Investments B.V., Palatium Beteiligungsgesellschaft UG and H.T.P.
Automotive GmbH.

It has been agreed that the purchase price will not be disclosed. The
transaction is being financed via Grammer AG's existing credit facilities.

The acquisition is still formally subject to antitrust clearance.   

GRAMMER AG
The Executive Board




Contact:
GRAMMER AG
Ralf Hoppe
Phone: 0049 9621 66 2200
investor-relations@grammer.com


22.10.2015 The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

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Language:     English
Company:      Grammer AG
              Postfach 14 54
              92204 Amberg
              Germany
Phone:        +49 (0)9621 66-0
Fax:          +49 (0)9621 66-1000
E-mail:       investor-relations@grammer.com
Internet:     www.grammer.com
ISIN:         DE0005895403, DE0005895403
WKN:          589540, 589540
Indices:      SDAX
Listed:       Regulated Market in Frankfurt (Prime Standard), Munich;
              Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg,
              Stuttgart
 
End of Announcement                             DGAP News-Service
 
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DGAP-Adhoc: Grammer AG signing contract for the acquisition of Reum Group
