euro adhoc: Dr. Hönle AG / Mergers - Acquisitions - Takeovers / Hönle Acquires Adhesives Specialist Panacol

--------------------------------------------------------------------------------
Disclosure announcement transmitted by euro adhoc. The issuer is responsible
for the content of this announcement.
--------------------------------------------------------------------------------

11.12.2007

Dr. Hönle AG (ISIN: DE0005157101), Gräfelfing, Munich, a leading
systems supplier of industrial UV technology, acquires all shares in
Panacol AG, Switzerland. The Panacol Group is profitable and, with
about 70 employees, generates annual revenues of approximately EUR 12
million.

The corporate group develops, produces and markets adhesives, and has
three significant business locations in France, Germany and
Switzerland. In addition, an international sales network exists
through subsidiaries and cooperations. Panacol´s brand products are
well-established on the industrial adhesives growth market, and the
company supplies a broad customer base with its products.

The Hönle Group aims at further extending its systems competence
through this acquisition and at increasing the proportion of the
continuous share of consumer goods in group revenue. Moreover, it
will benefit from development and sales synergy effects within the
Hönle Group. The existing adhesives business, which has been carried
out through Wellomer GmbH to date, will be substantially extended as
a result of the Panacol Group acquisition.

The purchase agreement stipulates acquisition of Panacol AG as of 1
January 2008. With the takeover of the Panacol Group, annualised
consolidated revenue of the Hönle Group will rise to nearly EUR 40
million.

end of announcement euro adhoc 11.12.2007 07:50:21
--------------------------------------------------------------------------------

ots Originaltext: Dr. Hönle AG
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:

Peter Weinert
Tel.: +49 (0)89 856 08 173
E-Mail: peter.weinert@hoenle.de

Branche: Instrument Engineering
ISIN: DE0005157101
WKN: 515710
Index: CDAX, Prime All Share, Technologie All Share
Börsen: Börse Frankfurt / regulated dealing/prime standard
Börse Berlin / free trade
Börse Hamburg / free trade
Börse Stuttgart / free trade
Börse Düsseldorf / free trade
Börse Hannover / free trade
Börse München / free trade


	hier anmelden...