DGAP-News 628 0 Kommentare Krones AG: Krones acquires labeller manufacturer Gernep

DGAP-News: Krones AG / Key word(s): Acquisition
Krones AG: Krones acquires labeller manufacturer Gernep

08.04.2015 / 15:15

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Corporate News Release
08.04.2015

Krones acquires labeller manufacturer Gernep

Krones AG, Neutraubling, Germany, the world's leading manufacturer of
beverage filling and packaging technology, has purchased a 100 % stake in
the Gernep Group, Barbing, Germany. As an international vendor of
labellers in the low and medium output ranges, Gernep offers customised
solutions. Besides the beverage industry, the company's principal markets
are food, cosmetics and pharmaceuticals. Krones is thus strengthening its
activities in these market segments.

Gernep is a profitable company with revenue of more than 10 million euros,
and just under 100 employees. The firm will continue in the future to
operate autonomously with the existing management and sales structures. The
transaction is still subject to approval by antitrust authorities.

Your contact person:
Olaf Scholz
Head of Investor Relations at KRONES AG
Tel.: +49 9401 70-1169
Email: olaf.scholz@krones.com

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08.04.2015 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements,
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Language: English
Company: Krones AG
Böhmerwaldstraße 5
93073 Neutraubling
Germany
Phone: +49 (0)9401 701169
Fax: +49 (0)9401 709 1 1169
E-mail: investor-relations@krones.com
Internet: www.krones.com
ISIN: DE0006335003
WKN: 633500
Indices: MDAX
Listed: Regulated Market in Frankfurt (Prime Standard), Munich;
Regulated Unofficial Market in Berlin, Dusseldorf,
Hamburg, Stuttgart

End of News DGAP News-Service
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