Ad hoc announcements
OHB Technology AG acquires Kayser-Threde GmbH, Munich
Bremen/Munich, June 21, 2007. Today, OHB Technology AG (ISIN: DE0005936124), listed
on the Prime Standard, has signed a contract sale for
the purchase of the entire interest in KT Beteiligungsgesellschaft
mbH & Co. KG, which in turn holds a 100 percent
of the shares in Kayser-Threde GmbH, Munich. The purchase
price amounts to EUR 5.95 million. The performance of
the sale contract is subject to various conditions whose
occurrence is expected for the next weeks.
Kayser-Threde GmbH ranks among the three largest space
companies in Germany and specializes in the development
and implementation of payloads, scientific devices,
and equipment for aerospace, science, and the industry.
Kayser-Threde GmbH provides support over the complete
life cycle of a scientific device for manned and unmanned
spaceflight missions, from feasibility study and the
development of hardware and software up to mission support
and data interpretation. The business segments Automotive
and Process Control Systems include the test data recording
and data management of crash tests as well as process
control systems and telecontrol engineering for railway
power supply. With more than 200 employees, the company
had total revenues of about EUR 38 million in the year
2006.
With this step, OHB Technology AG is expanding its product
portfolio by the segments science and payloads and will
thus be positioned on an even broader base with altogether
four business divisions in the future. The OHB Group’s
market position and customer access are significantly
strengthened by this transaction, improving the realization
of further potential for development.
About Kayser-Threde:
Founded in 1967, Kayser-Threde GmbH has a global customer
base, including the industry, space agencies, national
governments, and scientific institutions. Kayser-Threde
offers the complete realization of a project to its
customers. The scope ranges from studies, analyses,
and system design to special developments, test procedures,
production, implementation, and operation and support.
Because of the rigorous requirements in aerospace, Kayser-Threde
GmbH has established the highest quality standards,
reflected in the reliability of its products, system
solutions, and processes.
Further information about the company can be found at:
www.kayser-threde.de
| Contact for investors and analysts: Michael Vér Investor Relations Phone: +49 421 - 2020-727 Fax: +49 421 - 2020-613 E-Mail: michael.ver@ohb.de |
Contact for media representatives: Steffen Leuthold Corporate Communications Phone: +49 421 - 2020-620 Fax: +49 421 - 2020-700 E-Mail: steffen.leuthold@ohb.de |
