DGAP-News: CENTROTEC Sustainable AG / Key word(s): Acquisition
CENTROTEC Sustainable AG: CENTROTEC subsidiary acquires Croatian
climate control and ventilation equipment manufacturer PRO-KLIMA
11.03.2015 / 08:41
---------------------------------------------------------------------
Brilon, March 11, 2015: Wolf, the heating and climate control technology
specialist that is a member company of CENTROTEC Sustainable AG, is taking
over the Croatian climate control and ventilation equipment manufacturer
PRO-KLIMA d.o.o.. This company, based in Samobor near Zagreb, is market
leader in Croatia and also exports 55 percent of its production to
neighbouring countries in Southeast Europe, in particular to Russia,
Germany and Austria. PRO-KLIMA generated revenue of around EUR 13 million
last year. The acquisition gives CENTROTEC access to a market in which it
has hitherto had only a minor presence. In addition PRO-KLIMA's highly
versatile, Eurovent-certified range of climate control equipment ideally
complements the group's existing product portfolio. The purchase is
scheduled for completion in the second quarter of this year. It was agreed
not to disclose the purchase price.
CENTROTEC Sustainable AG
CENTROTEC Sustainable AG enjoys a presence in around 50 different countries
through subsidiaries and sales partners. The principal group companies are
Wolf, Brink Climate Systems and Ned Air in the Climate Systems segment,
specialising in heating, climate control and ventilation technology e.g. in
the form of solar thermal systems, CHP units and home ventilation systems
with heat recovery, as well as Ubbink and Centrotherm in the Gas Flue
Systems segment, with their focus on gas flue and air piping systems.
CENTROTEC is consequently Europe's only listed full-service provider of
heating and climate control technology, solar thermal systems and
energy-saving solutions for buildings.
CENTROTEC Sustainable AG, Am Patbergschen Dorn 9, D-59929 Brilon, Germany
ISIN: DE0005407506, WKN: 540750, home stock exchange: Frankfurt/ Main;
indices: SDAX, Prime All Share, Prime Industrial
For further information, contact:
CENTROTEC Sustainable AG, Carsten Vogt, Tel.: +49 (0)2961 96631-103 or
MetaCom GmbH, Georg Biekehör, Tel.: +49 (0)6181 98280-30
---------------------------------------------------------------------
11.03.2015 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
---------------------------------------------------------------------
Language: English
Company: CENTROTEC Sustainable AG
Am Patbergschen Dorn 9
59929 Brilon
Germany
Phone: +49 (0)2961 96631-0
Fax: +49 (0)2961 96631-100
E-mail: ir@centrotec.de
Internet: www.centrotec.de
ISIN: DE0005407506
WKN: 540750
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich,
Stuttgart
End of News DGAP News-Service
---------------------------------------------------------------------
332083 11.03.2015
DGAP-News: CENTROTEC Sustainable AG: CENTROTEC subsidiary acquires Croatian climate control and ventilation equipment manufacturer PRO-KLIMA
| Source: EQS Group AG