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DGAP-Ad-hoc: SURTECO SE: Acquisition of the companies in the 2D Group, preparation of a capital increase for cash


SURTECO SE  / Key word(s): Acquisition

23.10.2013 13:19

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a company of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

Ad-hoc Release pursuant to Article 15 Securities Trading Act (WpHG)
SURTECO SE: Acquisition of the companies in the 2D Group, preparation of a capital increase for cash

Buttenwiesen-Pfaffenhofen, 23 October 2013 - SURTECO SE, one of the world's leading manufacturers of surface materials based on plastics and technical papers for the international construction and furniture industry, intends to acquire all the shares in the companies of the Süddekor Group. This takeover involves the companies SÜDDEKOR GmbH in Laichingen, Dakor Melamin Imprägnierungen GmbH in Heroldstatt, SÜDDEKOR Art Design + Engraving GmbH, Willich, SÜDDEKOR LLC, Agawam, USA, SÜDDEKOR Management Inc., Agawam, USA and Süddekor OOO in Moscow, Russia. A purchase contract was concluded today which is subject to standard conditions and approval by the antitrust authorities. In order to finance the acquisition, the company is preparing a capital increase against cash contributions with subscription rights for existing shareholders.

The SURTECO Group (sales in 2012: EUR 407.7 million; approx. 2,000 employees) will use the takeover of these companies (sales in 2012: EUR 239.1 million; approx. 770 employees) to significantly strengthen its market presence in the area of paper-based surface coatings, with particular emphasis on the markets for decorative papers and finish foils. The acquisition will also serve to expand the product portfolio of the SURTECO Group.


23.10.2013 DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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Language:     English
Company:      SURTECO SE
              Johan-Viktor-Bausch-Str. 2
              86647 Buttenwiesen-Pfaffenhofen
              Germany
Phone:        +49 (0)8274 99 88-0
Fax:          +49 (0)8274 99 88-5 05
E-mail:       ir@surteco.com
Internet:     www.surteco.com
ISIN:         DE0005176903
WKN:          517 690
Listed: Regulierter Markt in Frankfurt (Prime Standard), München; Freiverkehr in Berlin, Düsseldorf, Stuttgart  
End of Announcement DGAP News-Service  


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