DGAP-Adhoc
ARQUANA AG takes over traditional printer, WUB, in Innsbruck
ARQUANA International Print & Media AG / Acquisition
10.05.2007
Release of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a company of EquityStory AG.The issuer is solely responsible for the content of this announcement.
ARQUANA AG takes over traditional printer, WUB, in Innsbruck
Neumünster, May 10, 2007 - The print holding company, ARQUANA InternationalPrint & Media AG (ISIN DE0006781008), takes over the WagnerscheUniversitätsdruckerei (WUB) in Innsbruck (Austria) from
insolvency as ofMay 31, 2007 within the framework of an asset deal. The contract is subjectto the approval of the Austrian competition authorities as well as variousconditions which, among others,
the city of Innsbruck, as the owner of theheritable building rights, must fulfil. The parties agreed not to disclosethe purchase price. The jobs at the Innsbruck location will remain.
The web offset printer, WUB, is a traditional Tyrolese company with a 400year history which generated revenues of EUR 22 million in 2006 under poorcapacity utilisation. The technical capacities suffice for a revenue volumeof approximately EUR 30 million. As an Austrian location, the companybelonged to the Schmelzle group (Waiblingen) which recently went intoinsolvency. The company thereupon had to declare insolvency itself on April4, 2007.
ARQUANA COO, Bodo F. Schmischke, and the managing director of the SochorGroup, Andreas Walka, take over the management at WUB. The previousmanaging director at WUB, Günter Kristen, will be taken up into the newmanagement.
DGAP 10.05.2007
Language: EnglishIssuer: ARQUANA International Print & Media AG Gadelander Straße 77 24539 Neumünster DeutschlandPhone: 08151-651-0Fax: 08151-651-500E-mail: luedemann@arques.dewww: www.arquana.deISIN: DE0006781008WKN: 678100Indices: Listed: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin-Bremen, München, Hamburg, Düsseldorf, Stuttgart End of News DGAP News-Service
The web offset printer, WUB, is a traditional Tyrolese company with a 400year history which generated revenues of EUR 22 million in 2006 under poorcapacity utilisation. The technical capacities suffice for a revenue volumeof approximately EUR 30 million. As an Austrian location, the companybelonged to the Schmelzle group (Waiblingen) which recently went intoinsolvency. The company thereupon had to declare insolvency itself on April4, 2007.
ARQUANA COO, Bodo F. Schmischke, and the managing director of the SochorGroup, Andreas Walka, take over the management at WUB. The previousmanaging director at WUB, Günter Kristen, will be taken up into the newmanagement.
DGAP 10.05.2007
Language: EnglishIssuer: ARQUANA International Print & Media AG Gadelander Straße 77 24539 Neumünster DeutschlandPhone: 08151-651-0Fax: 08151-651-500E-mail: luedemann@arques.dewww: www.arquana.deISIN: DE0006781008WKN: 678100Indices: Listed: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin-Bremen, München, Hamburg, Düsseldorf, Stuttgart End of News DGAP News-Service