Tag Archives: acquisition

Allgemein

Asahi Kasei completes acquisition of Sage Automotive Interiors

Asahi Kasei has completed its acquisition of Sage Automotive Interiors, Inc. (Sage) on September 27, 2018.

Asahi Kasei announced the decision to acquire Sage on July 19, 2018. With the completion of all requisite procedures, Sage is now a wholly owned consolidated subsidiary of Asahi Kasei.

Sage will continue to be managed by its current executive team led by CEO Dirk R. Pieper.

For more information, please contact:
Asahi Kasei Corp.
Corporate Communications
Phone: +81-(0)3-6699-3008
Fax: +81-(0)3-6699-3187

The Asahi Kasei Group is a diversified group of companies led by Asahi Kasei Corp., with operations in the Material, Homes, and Health Care business sectors. Asahi Kasei distributes its innovative technologies and unique materials on markets worldwide.
With more than 30,000 employees around the world, the Asahi Kasei Group serves customers in more than 100 countries. Asahi Kasei is „Creating for Tomorrow“ with all operations sharing a common mission of contributing to life and living for people around the world.

Company-Contact
Asahi Kasei Europe GmbH
Sebastian Schmidt
Am Seestern 4
40547 Düsseldorf
Phone: +49 (0)211 280 68 139
E-Mail: Sebastian.Schmidt@asahi-kasei.eu
Url: https://www.asahi-kasei.eu/

Press
financial relations GmbH
Henning Küll
Louisenstraße 97
61348 Bad Homburg
Phone: +49 (0) 6172 27159 12
E-Mail: h.kuell@financial-relations.de
Url: http://www.financial-relations.de

Allgemein

GKN completes acquisition of Turkish PM manufacturer Tozmetal

GKN completes acquisition of Turkish PM manufacturer Tozmetal

The acquisition of Tozmetal Ticaret Ve Sanayi AS (Tozmetal), announced on 13 April, has now completed. The powder metal part manufacturer based in Turkey will expand the global footprint of GKN Sinter Metals, the world“s largest manufacturer of sintered components which now comprises production locations in 10 countries and over 7,000 employees.

Tozmetal focuses much of its output on hydraulic pump components for European automotive customers.

At a celebratory event, employees of Tozmetal were welcomed by Wolfram Messner, President Europe & Asia Pacific Operations, GKN Sinter Metals.

During the event, Messner said: „Tozmetal is an excellent fit and provides increased access to new customers in the Middle East region.

„I am delighted to announce that Mr. Hüsnü Özdüral, who for years has been managing and growing the company successfully, will continue to lead the plant. We will work closely with the local team to make the site a strong platform to help grow our business and support our customers in the region,“ Messner added.

About GKN Powder Metallurgy
GKN Powder Metallurgy comprises GKN Sinter Metals and Hoeganaes. GKN Sinter Metals is the world’s leading manufacturer of precision automotive components as well as components for industrial and consumer applications. Hoeganaes is one of the world’s largest manufacturers of metal powder, the essential raw material for powder metallurgy. GKN Powder Metallurgy is in close proximity to its customers with more than 30 global locations and more than 7,000 employees.

About GKN plc
GKN plc is a global engineering group. It has three divisions; GKN Aerospace, GKN Driveline and GKN Powder Metallurgy, which operate in the aerospace and automotive markets. Over 58,000 people work in GKN companies and joint ventures in more than 30 countries. GKN is listed on the London Stock Exchange (LSE: GKN) and recorded sales of 9.4 billion in the year to 31 December 2016.

Kontakt
GKN Sinter Metals Engineering GmbH
Ralf Radschun
Krebsöge 10
42477 Radevormwald
+49 (2289) 335237
Ralf.Radschun@gkn.com
http://www.gkn.com/sintermetals

Allgemein

Über 13 Prozent Plus in 2015 bei überschaubarer Volatilität

TrendConcept Fund Multi Asset Allocator bester "Systematic Managed Futures Fund" des Jahres 2015

Über 13 Prozent Plus in 2015 bei überschaubarer Volatilität

Caspar von Zitzewitz, einer der fünf Geschäftsführer der TrendConcept Vermögensverwaltung GmbH Bild: TrendConcept, Veröffentlichung frei in Verbindung mit Berichterstattung über TrendConcept

Taktische Vermögenssteuerung und hohe Diversifikation über mehrere Vermögensklassen

Frankfurt am Main, 14. 1. 2016 (mpr) – Der Fonds „TrendConcept Fund Multi Asset Allocator“ (ISIN LU0227566055) ist für seinen Wertzuwachs von 13,11 Prozent netto vom britischen Fachblatt AI Acquisition International ( www.acquisition-intl.com ) als bester „Systematic Managed Futures Fund“ des Jahres 2015 ausgezeichnet worden. Details dazu auf www.trendconcept.com

Der Fonds sucht global nach nutzbaren Trends in Aktien, Renten und Devisen. Investitionen folgen technisch-quantitativen Analysen, mit denen kurz- und mittelfristige Trends identifiziert werden. Dabei werden nach Bedarf sowohl Long- als auch Shortpositionen eingegangen. Ziel ist eine absolute, von den Kapitalmärkten unabhängige Wertentwicklung.

„In Zeiten großer Börsenbewegungen und niedriger Zinsen bewahrt der MAA nicht nur die Kapitalbasis des Anlegers, sondern kann auch mit Wertzuwächsen glänzen“, so Caspar von Zitzewitz, einer der fünf Gründer und Geschäftsführer von TrendConcept.

An verschiedenen Terminmärkten sucht das in Wiesbaden und Frankfurt am Main ansässige Unternehmen TrendConcept GmbH systematisch ständig nach eindeutigen Trends, steigenden oder fallenden Notierungen bei Aktien, Anleihen und Währungen. Erreicht hat TrendConcept die Fondsperformance mit einem selbst entwickelten und konsequent durchgehaltenen taktischen Vermögenssteuerungssystem, in dem Prognosen oder individuelle Einschätzungen keinerlei Rolle spielen.

Die fünf Gründer und Geschäftsführer von TrendConcept sind seit 26 Jahren ein Team. Der robuste Anlagestil der Firma ist im Kern seitdem unverändert und sorgt für Kapitalschutz und Vermögensaufbau gleichermaßen.
Deshalb sieht von Zitzewitz in Zukunft eine wachsende Nachfrage nach taktischen Anlagekonzepten wie denen von TrendConcept.

ca. 1750 Zeichen – Veröffentlichung frei, Beleg erbeten an mpr. Text und Bildmaterial unter www.mpr-frankfurt.de oder auf Anfrage.

Firmenkontakt
mpr
Michael Kip
Bockenheimer Landstr. 17-19
60325 Frankfurt am Main

m.kip@mpr-frankfurt.de
www.mpr-frankfurt.de

Pressekontakt
mpr
Michael Kip
Bockenheimer Landstr. 17-19
60325 Frankfurt am Main
069 71034345
presse@mpr-frankfurt.de
www.mpr-frankfurt.de

Allgemein

Degussa acquires precious metals refinery in Pforzheim, Germany

Degussa acquires precious metals refinery in Pforzheim, Germany

Frankfurt am Main, 13 August 2014 – Degussa Group is pleased to announce the acquisition of the Schellhorn & Roth GmbH & Co. KG precious metals refinery in Pforzheim, Germany.

With the acquisition of this well established and traditional business, Degussa now expands its activities beyond just the trading of precious metals products and into additional parts of the value added chain.

The acquisition of the company in Pforzheim, which filed for insolvency under its former owner earlier this year, strengthens Degussa in two specialist fields. Firstly, the reprocessing of scrap precious metals such as jewellery, investment metals or production waste, and secondly the production of upstream products, i.e. semi-finished parts for the jewellery industry.

„The acquisition of the refinery allows us to further complement our product and service portfolio“, explains Wolfgang Wrzesniok-Rossbach, CEO of Degussa. „The entry into the industrial processing of precious metals is the next logical step in the course of Degussa“s expansion. Incidentally, the historical Degussa also had its roots in the production and recycling of gold and silver products“, he added.

Degussa expressly thanked the administrator Alexander Saponjic who had successfully managed the company over the past few months and now hands it over to the Frankfurt based precious metals company. In the following months, Degussa will gradually modernise its new Pforzheim branch with state-of-the-art processing technology.

To date, the acquired Schellhorn & Roth refinery, which was founded in 1946, has been one of the smaller precious metals refiners in Pforzheim. Since 1984, the production has been located at the company“s current site in Pforzheim which will also be maintained after the acquisition by Degussa. Degussa will retain the employees of Schellhorn & Roth in the newly formed division of the business. The executive responsibility for the on-site production will be carried out by Mr Joachim Prior. Being the former technical manager at PRIOR Engineering Services AG, Switzerland, he contributes a comprehensive wealth of experience.

About Degussa Goldhandel (Gold trading)
Degussa as a brand is a synonym for quality and reliability in the field of precious metals. Degussa Goldhandel GmbH has been active in the precious metals market since 2011. The head office of the company is located in Frankfurt am Main. Degussa products and services are available at branch offices in Stuttgart, Munich (2), Frankfurt, Cologne, Hamburg, Berlin and Nuremberg as well as at Degussa Goldhandel AG in Zurich. The comprehensive portfolio of Degussa is completed by an online shop, available to customers 24 hours a day, 7 days a week, which offers constantly updated prices, high availability and fast processing.

Products and Services:
Apart from its worldwide known precious metal bars made of gold, silver, platinum, palladium and rhodium with the characteristic diamond-shaped Sun / Moon logo, Degussa also offers a wide range of bullion and collector coins. Top-class experts are available to customers in the field of numismatics for the assessment as well as for sale and purchase of historical coins ranging from antiques to those of recent times. Clients have the possibility of storing their precious metals stocks at Degussa’s high-value storage facility and at certain branches Degussa offers safe-deposit lockers. Furthermore, Degussa has a “VAT-free” storage facility which is also available to its customers.

Purchase of scrap precious metals:
Jewellery no longer being used, silverware, damaged precious metal bars and coins as well as industrially utilized precious metal products are purchased at reasonable prices and recycled.

Firmenkontakt
Degussa Goldhandel GmbH
Frau Julia Kramer
Kettenhofweg 29
60325 Frankfurt am Main
+49 69 860068-285
julia.kramer@degussa-goldhandel.de
http://www.degussa-goldhandel.de

Pressekontakt
fr financial relations gmbh
Jörn Gleisner
Louisenstr. 97
60325 Bad Homburg
+49 6172 27159-0
julia.kramer@degussa-goldhandel.de
http://www.financial-relations.de

Allgemein

Degussa acquires the London bullion broker Sharps Pixley Ltd

Degussa acquires the London bullion broker Sharps Pixley Ltd

Bullions Degussa Sharps Pixley

Frankfurt am Main, 7 November 2013 – Degussa Goldhandel (Gold Trade) Group acquired Sharps Pixley Ltd, one of the leading bullion trading businesses based in London. The acquisition of Sharps Pixley Ltd underscores Degussa’s future ambitions to play a major role in international gold trade.

„With a total of nine locations in Germany, plus one in Switzerland and now one in London, the foundations are now laid for international growth of Degussa Group“, announced Degussa CEO Wolfgang Wrzesniok-Rossbach and Sharps Pixley CEO Ross Norman in a joint statement. „London remains the global centre for gold trading at the interbank level, yet it remains remarkably difficult for investors to source the physical metal. Our ambition is to increase both the visibility and access to this important asset class“, they added.

Sharps Pixley Ltd with origins back to 1778 is one of the world’s most traditional brands in international precious metals trading. Since its foundation the company has played a central role in the London gold market and was one of the five gold trading companies which determined the London gold fixing price twice a day.

Through its website at www.SharpsPixley.com , Sharps Pixley is today a leading online bullion information provider, giving free access to arguably the largest and fastest sources of precious metals news, research and analysis. Within the next couple of months customers will have the opportunity to purchase physical gold online as well as a location where investors can buy and sell gold directly from Company premises in London.

In the precious metals markets, quality, reputation and reliability remain key factors for success. Therefore, Degussa is pleased with the decision to keep the experienced and highly skilled team under the leadership of Sharps Pixley CEO Ross Norman.

Speaking of the acquisition, Ross Norman CEO at Sharps Pixley added „we are delighted to be joining the Degussa Group as this brings together their proven track record in successfully opening up the German bullion market to what we see as a great opportunity here in London.“

One of the first measures of the business will be the minting and casting of new gold and silver bars bearing the Sharps Pixley logo, which will arouse interest in the London market. „It is a moving moment to see the logo of one of the world’s most authentic brands in precious metals once again“, said Norman and Wrzesniok-Rossbach in their joint statement.

About Degussa Goldhandel (Gold trading)
For approximately 140 years, the brand name Degussa has been the synonym for quality and reliability in the field of precious metals. Degussa Goldhandel GmbH has been active in the precious metals market since 2011.

The head office of the company is located in Frankfurt am Main. Moreover, there are branch offices in Stuttgart, Munich (2), Frankfurt, Cologne, Hamburg, Berlin, Nuremberg and Zurich. The comprehensive portfolio of Degussa is completed with an on-line shop that is available to customers round-the-clock (24 hours a day, 7 days a week), prizes constantly adapted to the international precious metal markets, high availability and fastest processing.

Products and Services:
Apart from its precious metal bars made of gold, silver, platinum, palladium and rhodium with the popular diamond-shaped Sun / Moon logo that are acclaimed worldwide, Degussa also offers a wide range of bullion coins. Top-class experts are also available to customers in the field of numismatics for the assessment as well as sale and purchase of historical coins ranging from antiques to those of recent times.

Purchase of scrap precious metals:
Jewelry no longer being used, silverware, damaged precious metal bars and coins as well as industrially utilized precious metal products are purchased at reasonable prices and recycled.

Kontakt
Degussa Goldhandel GmbH
Julia Kramer
Kettenhofweg 29
60325 Frankfurt am Main
+49 69 860068-285
julia.kramer@degussa-goldhandel.de
http://www.degussa-goldhandel.de

Pressekontakt:
fr financial relations gmbh
Jörn Gleisner
Louisenstr. 97
61348 Bad Homburg
+49 6172 27159-0
j.gleisner@financial-relations.de
http://www.financial-relations.de

Allgemein

Heraeus Noblelight becomes leading supplier of ultraviolet process solutions with acquisition of the Fusion UV Systems group.

On January 31, 2013, the Heraeus Noblelight business group of the Hanau-based precious metal and technology group Heraeus acquires the Fusion UV Systems group, headquartered in Gaithersburg, Maryland, USA, from the British Spectris group.

Heraeus Noblelight becomes leading supplier of ultraviolet process solutions with acquisition of the Fusion UV Systems group.

Heraeus Noblelight is a leading manufacturer of specialty light sources and systems. The global Fusion UV Systems group specializes in UV curing applications.

„We are convinced that the activities of the two companies will excellently supplement each other. The new joint technology portfolio covers all known methods of UV light generation, e.g. microwave-excited UV lamps and innovative UV LED modules, which will open up new areas of application for us,“ says Rainer Küchler, managing director of the Heraeus Noblelight business group.

While Heraeus Noblelight has hitherto focused on the UV sterilization of packaging materials and drinking and industrial water and on the printing industry, Fusion UV is involved in the use of UV technology in the production of glass fibers and displays, e.g. for smartphones. The various regional core areas combine to yield a high market coverage with a direct access to all important industrial markets in the USA, Europe and Asia.

The take-over makes Heraeus Noblelight the leading supplier of industrial UV process solutions. This makes the company well-placed for the trends in the market for specialty light solutions: the increasing customer demand for integrated process solutions from a single source and the substitution of conventional gas discharge lamps with LEDs in the medium term. The acquisition bundles development, technology and market competences in an ideal way. „In future we can anticipate important trends more quickly and come up with customer oriented solutions“, says Küchler.

With headquarters in Hanau, Germany, and subsidiaries in the United States, the United Kingdom, France, China, and Australia, Heraeus Noblelight GmbH is a global market and technology leader in the production of specialty light sources. Heraeus Noblelight achieved annual revenues of EUR103 million in 2011 and has 731 employees around the world. The company develops, manufactures, and markets infrared heaters and ultraviolet lamps for applications in industrial production technology, environmental protection, medicine and cosmetics, research, and analytic measurement technology.

Heraeus, the precious metals and technology group headquartered in Hanau, Germany, is a global, private company with over 160 years of tradition. Our fields of competence include precious metals, materials and technologies; sensors; biomaterials and medical products, as well as dental products, quartz glass, and specialty light sources. With product revenues of EUR4.8 billion and precious metal trading revenues of EUR21.3 billion, as well as more than 13,300 employees in more than 120 subsidiaries worldwide, Heraeus holds a leading position in its global markets.

Kontakt:
Heraeus Noblelight GmbH
Thomas Lödel
Heraeusstr. 12-14
63450 Hanau
+49 (0) 6181/35-8480
Thomas.Loedel@heraeus.com
http://www.heraeus-noblelight.com/en/home/noblelight_home.aspx

Allgemein

Ingenico announces an agreement for the acquisition of Ogone, leading pan-European online payment services provider

A key milestone in the execution of Ingenico strategy: Providing unrivalled offering of multi-channel payment solutions to address increasing merchant needs

Paris – January 29, 2013 – Ingenico, (Euronext: FR0000125346 – ING), leading worldwide provider of payment solutions, today announced it has reached an agreement in principle with Summit Partners to acquire Ogone, the leading pan-European online payment services provider for an enterprise value of EUR 360 million.

This acquisition represents a key milestone in the execution of Ingenico“s strategy of becoming the unique „one-stop-shop“ provider covering multi-channel payment solutions: point-of-sale, online and mobile. The combination of Ingenico“s customer base and infrastructure with Ogone“s platform would offer an unrivalled ability to generate significant synergies in terms of new upselling opportunities and offer optimization expected to generate additional EBITDA in excess of EUR20m by 2015. With this acquisition, Ingenico would also further reinforce its presence in Transactions while leveraging the attractive exposure to the online transactions growth.

Based in Brussels, Ogone has developed, over the past ten years, a recognized expertise in making online payment services less complex, more efficient and secured for merchants. Thanks to its scalable, in-house and robust platform and its experienced management team, Ogone has built a prime, truly international client base with over 42,000 merchants, highly diversified in terms of sizes, segments or distribution channels. In 2012, with more than 280 employees, Ogone reached EUR 42 million of revenue, with an EBITDA margin of around 30%. The recent commercial initiatives, including the Barclaycard white-label contract win, should generate a revenue growth in excess of 30% in 2013.

The acquisition of Ogone offers a sound financial rationale, with a strong positive impact on both margin and growth profiles, while maintaining leverage under control. The acquisition is expected to be neutral on Ingenico 2013 EPS and highly accretive on 2014 EPS before PPA. The secured financing of the acquisition will consist in existing cash for EUR 120 million and in committed bank lines for EUR 240 million.

The consultation of Ingenico SA workers“ council has been initiated. The final documentation and closing are expected in Q1 2013, in particular after confirmation of non-opposition from the National Bank of Belgium.

„The acquisition of Ogone is a key milestone in the execution of Group strategy offering unique synergies with Ingenico entities, notably easycash and ROAM“, said Philippe Lazare, Chief Executive Officer of Ingenico. „Combining Ogone leading position in the online space with our unique position in the point-of-sale and mobile space will enable us to address multi-channel global payment solutions for both merchants and acquirers, first in Europe and then in high potential geographies. I am very proud of this acquisition that will benefit our employees, customers and shareholders. We look forward to working together. „

„I“m very proud of today“s announcement. I see both a strong strategic and cultural fit between Ingenico and Ogone“, said Peter De Caluwe, Chief Executive Officer of Ogone. „This will help us accelerate our strategic focus on expanding globally while further investing in product innovation. Our fraud prevention tools and financial services perfectly complement Ingenico“s portfolio and will leverage their multi-channel strategy. This is exciting news for our customers, partners, banks and our employees and I look forward to bringing my strong e-commerce expertise to Ingenico management board. „

„It has been a pleasure to work with Ogone“s exceptional management team“, said Christian Strain, Managing Director of Summit Partners. „Our investment in Ogone exemplifies what Summit does best – partnering with excellent management teams to help them extend their market leadership.“

Ogone is a leading payment service provider with global reach. Tens of thousands of online businesses worldwide trust Ogone to manage, secure and collect their online and mobile payments, help prevent fraud and drive their business. Ogone“s scalable solution allows their customers to increase their checkout conversion and help them enhance sales, both domestic and cross-border. More information about Ogone Payment Services (www.ogone.com)

Kontakt:
Ogone GmbH
Jurgen Thysmans
Wendelinstraße 1
50933 Köln
0221 455 30 191
jut@ogone.com
http://www.ogone.de

Pressekontakt:
ReComPR
Thomas Rentschler
Herderplatz 5
55124 Mainz
06131 216 32 0
ogone@recompr.de
http://www.recompr.de

Allgemein

European Commission approves Caterpillar acquisition of MWM

Mannheim, October 19, 2011

On Wednesday, 19th of October 2011 the European Commission has agreed to the sale of the long established company MWM to Caterpillar. Please find the statement of the MWM Holding as follows:

„Today, the European Commission has approved the sale of MWM from 3i to Caterpillar. MWM welcomes this approval, as its integration into the Caterpillar family is a very positive step for the company“s future development, its employees, clients, distributors and business partners. The product portfolios of both companies complement one another very well without any substantial overlaps. We strongly believe that the next step in the company“s development will lead to more customer options for sustainable power generation solutions. Following the clearance by the European Commission – as the last major regulatory requirement – the transaction is expected to be closed before the end of this year.“

About MWM:
The long-established company MWM in Mannheim, Germany, is one of the world’s leading system providers of highly efficient and eco-friendly complete plants for decentralized power supply with gas and diesel engines. For 140 years, the company has stood for the reliable, uninterrupted provision of electricity, heat, and cooling at all times and at any location. MWM has 1,250 employees around the globe.
www.mwm.net

Kontakt:
MWM GmbH
Frank Fuhrmann – Head of Communication & PR
Carl-Benz-Straße 1
68167 Mannheim
+49-6121-384-8633

www.mwm.net
frank.fuhrmann@mwm.net

Pressekontakt:
KaffeeSATZ PR
Sabine Jürgenmeier
Obere Stahlindustrie 4
44793 Bochum
sj@kaffeesatz-pr.de
0234-92785566
http://www.kaffeesatz-pr.de