R. STAHL and steute announce partnership in Brazil

R. STAHL and steute announce partnership in Brazil

R. STAHL AG established a strategic cooperation with steute do Brasil and benefits from an enhanced market access through the new partner.

Waldenburg, 22 December 2015. R. STAHL and steute, two international specialists with focus on state-of-the-art technology and high quality, have established a strategic partnership in Brazil. After a long-term business relationship in Germany, the two companies cooperate in Brazil as of 2016 in order to enlarge their product portfolio and to offer a one-stop-shop with excellent customer service.

steute do Brasil, the Brazilian subsidiary of steute Schaltgeräte GmbH & Co. KG, will exclusively market R. STAHL's products and systems as a distributor in the Brazilian market as of 2016. R. STAHL completes steute's offer by a wide range of explosion protected products with a high level of innovation and benefits from steute's customer base. Being active in Brazil with an own sales and production entity for more than ten years, the company sells its products to customers in process automation, the chemical and pharmaceutical industry, mining and the agro-industry. Martin Schomaker, Chief Executive Officer of R. STAHL AG, commented: "The partnership in the Brazilian market opens up further opportunities for both sides: steute enlarges its product range and R. STAHL gains access to additional target groups. We see particular potential through steute's good business relationship in the pharmaceutical and agro-industry. "

steute do Brasil ensures the expertise related to R. STAHL's products and systems by taking over selected R. STAHL employees. R. STAHL expects additional demand and synergies at an improved margin level from the collaboration with steute. "

About R. STAHL - www.stahl.de
R. STAHL is one of the world's leading suppliers of electrical and electronic products and systems for explosion protection. These products and systems prevent explosions in risk areas, and contribute to the safety of people, machines and the environment. The portfolio ranges from products used in switching/ distributing, installing, operating/monitoring, lighting and signalling/alarming, up to automation. Typical customers operate in the oil & gas industry, the chemical and pharmaceutical industries, and the food industry. In 2014, 1,942 employees generated worldwide sales of EUR 308.5 million. R. STAHL AG shares are traded on the Regulated Market/Prime Standard of Deutsche Boerse (ISIN DE000A1PHBB5).

For further information:
R. STAHL AG
Am Bahnhof 30, 74638 Waldenburg (Württ.)

Nathalie Kamm (Investor Relations)
Fon: +49 7942 943-1395
e-mail: [email protected]