SMT Scharf AG / Key word(s): Strategic Company Decision/Alliance
20.09.2016 10:07
Disclosure of an inside information according to Article 17 MAR,
transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
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SMT Scharf concludes cooperation agreement with Mühlhäuser
Hamm, September 20, 2016 - SMT Scharf GmbH, Hamm, a wholly-owned subsidiary
of SMT Scharf AG ("SMT Scharf", WKN 575198, ISIN DE0005751986), has today
concluded a cooperation agreement with Mühlhäuser GmbH of Freienbach,
Switzerland ("Mühlhäuser"). Negotiations that have been conducted since
early April 2016 preceded the conclusion of this agreement.
As part of the strategic further development of the company, SMT Scharf
intends to tap a further business area - "tunnel logistics" - outside its
core positioning in mining. Exclusive marketing and sales by Mühlhäuser of
a jointly developed logistics solution for tunnel applications worldwide
forms the core of the strategic partnership. Contractually agreed services
from SMT Scharf consist especially in delivering important elements of the
transportation equipment and their further development. Mühlhäuser assumes
responsibility for supplementing the offerings with tunnel-specific
logistics solutions as well as the acquisition of potential customers,
sales and all contractual negotiations with end-customers. A first customer
order for a complete logistics system with locomotives, materials handling
solutions and related rail systems and services is expected soon.
< End of the Ad hoc announcement>
Company profile
The SMT Scharf Group develops, manufactures and services transportation
equipment for underground mining. The main products are captivated railway
systems that are deployed all over the world, primarily in hard coal mines,
but also in mines for gold, platinum and other metals. They are needed to
transport material and personnel with payloads of up to 45 tons and on
gradients of up to 35 degrees. The SMT Scharf Group is active with
subsidiaries in six countries, as well as commercial agencies worldwide.
SMT Scharf generates a large share of its revenue in growing foreign
markets such as Russia, China, Poland and South Africa. SMT Scharf AG has
been listed in the Prime Standard (Regulated Market) of the Frankfurt Stock
Exchange since April 11, 2007.
Contact
Investor Relations
cometis AG
Maximilian Breuer
Tel: +49(0)611 - 205855-22
Fax: +49(0)611 - 205855-66
Email: breuer@cometis.de
20.09.2016 The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Archive at www.dgap.de
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Language: English
Company: SMT Scharf AG
Römerstrasse 104
59075 Hamm
Germany
Phone: +49 2381 960-01
Fax: +49 2381 960-230
E-mail: info@smtscharf.com
Internet: www.smtscharf.com
ISIN: DE0005751986
WKN: 575198
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover,
Munich, Stuttgart, Tradegate Exchange
End of Announcement DGAP News-Service
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DGAP-Adhoc: SMT Scharf concludes cooperation agreement with Mühlhäuser
| Source: EQS Group AG