-------------------------------------------------------------------------------- Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement. --------------------------------------------------------------------------------
21.12.2006
voestalpine expands automotive business with major acquisition
voestalpine AG listed on the Vienna Stock Exchange expands its automotive supplier business with the acquisition of three western European companies. Yesterday, Wednesday, the Division Automotive fixed by contract the majoritarian acquisition of Gutbrod Stanz- und Umformtechnik GmbH, Hügel GmbH & Co. KG (both Germany), and AMSTUTZ-LEVIN & Cie (France). The three companies combined have approximately 1,100 employees and will achieve annual sales of around EUR 210 million in 2006 with clearly positive operating results. voestalpine AG will acquire a 51% share in each of the companies via its Division Automotive and thus take over industrial leadership. It was agreed with the sellers, several private equity funds, not do disclose details on the sales price.
More information concerning the acquisition is available on our website www.voestalpine.com or contact our Investor Relations Team +43/732/65 85-99 49.
end of announcement euro adhoc 21.12.2006 07:00:00 --------------------------------------------------------------------------------
ots Originaltext: voestalpine AG Im Internet recherchierbar: http://www.presseportal.de
Further inquiry note: DI Peter Fleischer Head of Investor Relations Tel.: +43 732 6585-9949 Fax: +43 732 6980-5581 mailto:peter.fleischer@voestalpine.com http://www.voestalpine.com
Branche: Metal Goods & Engineering ISIN: AT0000937503 WKN: 897200 Index: ATX, ATX Prime, WBI Börsen: Wiener Börse AG / official market
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