DGAP-News

Stabilus S.A. successfully completes acquisition of SKF Group entities ACE, Hahn Gasfedern and Fabreeka/Tech Products - Seite 2

Ralf Krenzin Andreas Schröder
Tel.: [phone] Tel.: [phone]
E-Mail: [e-mail] E-Mail: [e-mail]

Charles Barker Corporate Communications
Tobias Eberle
Tel.: [phone]
E-Mail: [e-mail]

About Stabilus

As a globally active automotive and industrial supplier, Stabilus develops
and produces electromechanical drives (POWERISE) as well as gas springs and
hydraulic dampers. Employing approximately 4,400 people worldwide in fiscal
year 2015, the company has its operational headquarters in Koblenz. In
fiscal year 2015, Stabilus generated revenue of around EUR 611 million.
Stabilus operates eleven production plants across nine countries and
distributes its products in over 50 countries in Europe, North, Central and
South America and Asia Pacific via its regional offices and sales partners.
Stabilus has been listed in the Prime Standard segment of the Frankfurt
Stock Exchange since May 2014 and was taken up in the SDAX index in
September 2014.

About ACE, Hahn Gasfedern and Fabreeka/Tech Products

For more than 50 years, ACE has supported its industrial customers with a
broad range of damping solutions. The company has locations in the US,
Germany, the UK, China and Japan. It is headquartered in Farmington Hills,
US, and Langenfeld, Germany. ACE has approx. 250 employees.

Hahn Gasfedern has been manufacturing gas springs since 1960 for various
industrial applications. The company has a workforce of approx. 200
employees and is headquartered in Aichwald, Germany.

Fabreeka/Tech Products was founded in 1918 and specializes in damping
vibration, which are used in many machines, instruments and vehicle
components. The company has locations in the US, the UK and Germany. It
employs around 100 employees.

Important notice

This press release may contain forward-looking statements based on current
assumptions and forecasts made by Stabilus Group management and other
information currently available to Stabilus. Various known and unknown
risks, uncertainties and other factors could lead to material differences
between the actual future results, financial situation, development or
performance of the company and the estimates given here.


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30.06.2016 Dissemination of a Corporate News, transmitted by DGAP - a
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Language: English
Company: Stabilus S.A.
2, rue Albert Borschette
L-1246 Luxemburg
Grand Duchy of Luxembourg
Phone: [phone]
Fax: [phone]
E-mail: [e-mail]
Internet: www.stabilus.com
ISIN: LU1066226637
WKN: A113Q5
Indices: SDAX
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich,
Stuttgart


End of News DGAP News Service
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