Kontron AG / Acquisition
21.12.2007
Release of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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Eching near Munich, December 21, 2007. Kontron AG, one of the leading
suppliers of embedded computer systems, is currently discussing with Thales
and has made an offer to acquire the French Thales Computers SA. This
company is 100% owned by the Thales Group.
The considered acquisition would be subject to contract finalisation, to
the information and consultation of Work Councils of Thales SA and Thales
Computers SA, as well as to French relevant Authorities agreement.
Thales Computers SA will turn over more than 20 million in its 2007
financial year. The company commands particular strength in high-end
applications in particular for government, aerospace and transportation
areas.
Mr. Ulrich Gehrmann, Management Board Chairman of Kontron AG, stated that
the acquisition would reinforce Kontron AG in its core business, and would
provide Kontron AG with a significant footprint in France.
Mr. Gehrmann added that it would compensate Kontron for the sales volume
relinquished with the disposal of its mobile computer business in America
this business unit generated sales of USD 25 million in 2006 and was sold
in August 2007 to Crane Co. based in Stamford, CT.
Investor Relations: For further information:
Gaby Moldan Dr. Udo Nimsdorf
Kontron AG Engel & Zimmermann AG
Oskar-von-Miller-Str. 1, Agentur für Wirtschaftskommunikation
D-85386 Eching Schloss Fußberg, Am Schlosspark 15
Tel.:+49(0)8165/77212,
Fax: +49 (0) 8165/77222 D - 82131 Gauting
e-mail:Gaby.Moldan@kontron.com Tel.: +49 (0) 89-89 35 633,
Fax: +49 (0) 89-89 39 84 29
e-mail : info@engel-zimmermann.de
DGAP 21.12.2007
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Language: English
Issuer: Kontron AG
Oskar-von-Miller-Str. 1
85386 Eching
Deutschland
Phone: 08165-77-225
Fax: 08165-77-222
E-mail: martin.przybyla@kontron.com
Internet: www.kontron.com
ISIN: DE0006053952
WKN: 605395
Indices: TecDAX
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Stuttgart, München, Hamburg, Düsseldorf
End of News DGAP News-Service
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DGAP-Adhoc: Kontron AG intends to acquire Thales Computers SA
| Source: EQS Group AG