Ad hoc disclosures
according to section 15 of the German Securities Trading Act (WpHG)
Redaktion |
Sale of shares in Alexanderwerk Produktions GmbH
Alexanderwerk AG has sold 75% of the shares in Alexanderwerk Produktions GmbH to long-standing business partners, Alfonso Carlon Clemente, Francisco Carlon Clemente and Fatih Yavuz.
The aim of the cooperation is to significantly increase the efficiency of production and to further increase the variability of production costs.
The contracts are still subject to the condition precedent of approval by the Supervisory Board of Alexanderwerk AG. The Executive Board expects that approval will be issued in the short term.
Remscheid, June 22, 2011
