During the last year we managed to continue our growth and to increase sales by 4.6 %. We convinced our customers with individual solutions and improved our internal processes. The numerous construction projects all over the world show that we will continue this growth process.
Our success story has spread in the market and so company Weidmüller, with its head office in Detmold/Germany, today announced that they intend to present the shareholders of R. STAHL AG with a public takeover offer. In this context, company Weidmüller has to submit a concrete and binding offer to the shareholders within a few weeks.
Representatives of company Weidmüller already tried to talk to the family consortium as our principal shareholder. The family consortium refused entering into discussions. In the past, R. STAHL has been confronted with such inquiries from time to time. In all these cases, the family consortium always stood by the company in order to continue to maintain the company's independence. We, the Executive Board, think that we will be able to continue the positive developments of the last decades and continue to lead the company in its present structure to a successful future. That is why we will go on concentrating on our core competences. We currently have no details in regard to the takeover offer. We will express ourselves in the form prescribed by law as soon as we have received the concrete offer.
The shares of R. STAHL AG are traded on the Regulated Market/Prime Standard of Deutsche Boerse (ISIN DE000A1PHBB5).
Bernd Marx (CFO)
Nathalie Dirian (Investor Relations)
Frank Schwarz (Investor Relations)
10.04.2014 Dissemination of a Corporate News, transmitted by DGAP - a company of EQS Group AG.The issuer is solely responsible for the content of this announcement.DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de
|Company:||R. Stahl AG|
|Am Bahnhof 30|
|Phone:||+49 (7942) 943-0|
|Fax:||+49 (7942) 943-4333|
|Listed:||Regulierter Markt in Frankfurt (Prime Standard), Stuttgart; Freiverkehr in Berlin, Düsseldorf, Hamburg, München|
|End of News||DGAP News-Service|