DGAP-Adhoc
Wacker Neuson SE: KRAMER and CLAAS to end collaboration in telescopic handlers for the agricultural sector from 2018
Wacker Neuson SE / Key word(s): Alliance/Miscellaneous
24.06.2015 11:49
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.
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Wacker Neuson SE: Ad hoc press release in line with Article 15 of the
German Securities Trading Act (WpHG)
KRAMER and CLAAS to end collaboration in telescopic handlers for the
agricultural sector from 2018
(Munich, June 24, 2015)
Kramer-Werke GmbH, a member of the Wacker Neuson Group, and the CLAAS
Group, headquartered in the German town of Harsewinkel, reached a mutual
agreement on June 24, 2015 to terminate their partnership in the area of
agricultural telescopic handlers as of 2018. Customers are assured the
long-term availability of services and spare parts even after the
collaboration has ended.
Kramer-Werke GmbH has been developing and manufacturing high-quality
agricultural telescopic handlers for CLAAS at its site in Pfullendorf since
2005. CLAAS distributes the machines worldwide under the CLAAS SCORPION
brand. The Wacker Neuson Group markets these telescopic handlers in the
construction sector via its own sales organizations under the KRAMER and
WACKER NEUSON brands.
From 2018 on, the two partners will be operating independently in these
telescopic handler markets. The strategic alliance will continue until this
time. On termination of the alliance, the Wacker Neuson Group plans to
continue to execute its successful sales strategies and does not expect any
significant impact on Group revenue and earnings.
Additional information on Wacker Neuson SE shares:
ISIN: DE000WACK012
WKN: WACK01
Admission: Regulated market / Prime Standard; Frankfurt Stock Exchange
Company headquarters: Germany
Contact partner:
Wacker Neuson SE
Katrin Yvonne Neuffer
Head of Corporate Communication / Investor Relations
Preussenstrasse 41
80809 Munich, Germany
Tel. +49-(0)89-35402-173
katrin.neuffer@wackerneuson.com
www.wackerneusongroup.com
24.06.2015 The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English
Company: Wacker Neuson SE
Preußenstr. 41
80809 München
Germany
Phone: +49 - (0)89 - 354 02 - 0
Fax: +49 - (0)89 - 354 02 - 390
E-mail: info@wackerneuson.com
Internet: www.wackerneuson.com
ISIN: DE000WACK012
WKN: WACK01
Indices: SDAX
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover,
Munich, Stuttgart
End of Announcement DGAP News-Service
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German Securities Trading Act (WpHG)
KRAMER and CLAAS to end collaboration in telescopic handlers for the
agricultural sector from 2018
(Munich, June 24, 2015)
Kramer-Werke GmbH, a member of the Wacker Neuson Group, and the CLAAS
Group, headquartered in the German town of Harsewinkel, reached a mutual
agreement on June 24, 2015 to terminate their partnership in the area of
agricultural telescopic handlers as of 2018. Customers are assured the
long-term availability of services and spare parts even after the
collaboration has ended.
Kramer-Werke GmbH has been developing and manufacturing high-quality
agricultural telescopic handlers for CLAAS at its site in Pfullendorf since
2005. CLAAS distributes the machines worldwide under the CLAAS SCORPION
brand. The Wacker Neuson Group markets these telescopic handlers in the
construction sector via its own sales organizations under the KRAMER and
WACKER NEUSON brands.
From 2018 on, the two partners will be operating independently in these
telescopic handler markets. The strategic alliance will continue until this
time. On termination of the alliance, the Wacker Neuson Group plans to
continue to execute its successful sales strategies and does not expect any
significant impact on Group revenue and earnings.
Additional information on Wacker Neuson SE shares:
ISIN: DE000WACK012
WKN: WACK01
Admission: Regulated market / Prime Standard; Frankfurt Stock Exchange
Company headquarters: Germany
Contact partner:
Wacker Neuson SE
Katrin Yvonne Neuffer
Head of Corporate Communication / Investor Relations
Preussenstrasse 41
80809 Munich, Germany
Tel. +49-(0)89-35402-173
katrin.neuffer@wackerneuson.com
www.wackerneusongroup.com
24.06.2015 The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English
Company: Wacker Neuson SE
Preußenstr. 41
80809 München
Germany
Phone: +49 - (0)89 - 354 02 - 0
Fax: +49 - (0)89 - 354 02 - 390
E-mail: info@wackerneuson.com
Internet: www.wackerneuson.com
ISIN: DE000WACK012
WKN: WACK01
Indices: SDAX
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover,
Munich, Stuttgart
End of Announcement DGAP News-Service
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