GRAMMER AG (FRA:GMM) Grammer AG signing contract for the acquisition of Reum Group

Directive transparence : information réglementée

22/10/2015 18:40
Grammer AG / Key word(s): Acquisition 22.10.2015 18:40 Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Ad hoc announcement in accordance with Section 15 of the German Securities Trading Act GRAMMER AG (WKN 589540, ISIN DE0005895403) Grammer AG signing contract for the acquisition of metal and plastics specialist Reum Amberg, October 22, 2015 - Grammer AG has today signed a contract for the acquisition of the Reum Group, a leading specialist in surface, plastics and metal technology. Reum is specialized in developing and manufacturing high-quality, design-oriented metal and plastic combinations, interior components and surface refinements for the automotive industry. Reum Group has around 950 employees and generated sales of around EUR 130 million in 2014. With this acquisition, Grammer will be enhancing its own technological capabilities in innovative manufacturing processes and will be able to complete and specifically expand its current delivery scope and product portfolio especially for center consoles following the integration of the Reum product range. Grammer is buying 100% of Reum Group's share capital from H.T.P. Investments B.V., Palatium Beteiligungsgesellschaft UG and H.T.P. Automotive GmbH. It has been agreed that the purchase price will not be disclosed. The transaction is being financed via Grammer AG's existing credit facilities. The acquisition is still formally subject to antitrust clearance. GRAMMER AG The Executive Board Contact: GRAMMER AG Ralf Hoppe Phone: 0049 9621 66 2200 investor-relations@grammer.com 22.10.2015 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: Grammer AG Postfach 14 54 92204 Amberg Germany Phone: +49 (0)9621 66-0 Fax: +49 (0)9621 66-1000 E-mail: investor-relations@grammer.com Internet: www.grammer.com ISIN: DE0005895403, DE0005895403 WKN: 589540, 589540 Indices: SDAX Listed: Regulated Market in Frankfurt (Prime Standard), Munich; Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Stuttgart End of Announcement DGAP News-Service ---------------------------------------------------------------------------