KTM Industries AG

KTM Industries AG sells minority interest in AGM Durmont Austria GmbH

Business news for the stock market

Wels (pta036/30.03.2017/17:35) - KTM Industries AG sells ist minority interest (24%) in AGM Durmont Austria GmbH to the previous majority owner AGM Group.

On April 10, 2015, KTM Industries AG and AGM Group, Troy Michigan, USA - a worldwide acting manufacturer of interior, lighting as well as electronic components in the automotive industry - have signed a purchase agreement that scheduled a gradual acquisition of all shares through AGM Group after a defined period. Today, the purchase agreement was completed as agreed for the final tranche and thus KTM Industries AG sold 100% of the shares in AGM Durmont Austria GmbH.

For additional informationen:
Investor Relations
Michaela Friepeß
Tel.: [phone] / 69402
[e-mail]
Website: www.ktm-industries.com
ISIN: AT0000820659
Ticker symbol: KTMI
Reuters: KTMI:VI
Bloomberg: KTMI:AV

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emitter: KTM Industries AG
address: Edisonstraße 1, 4600 Wels
country: Austria
contact person: Mag. Michaela Friepeß
phone: [phone]
e-mail: [e-mail]
website: www.ktm-industries.com

ISIN(s): AT0000500913 (bond), AT0000820659 (share), AT0000A0WQ66 (bond), AT0000A1MBL8 (bond)
stock exchanges: official trade in Vienna; open market (free market) in Frankfurt

[ source: http://www.pressetext.com/news/20170330036 ]