Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  WIENER BOERSE AG  >  Frauenthal Holding AG    FKAV   AT0000762406

FRAUENTHAL HOLDING AG

(FKAV)
End-of-day quote. End-of-day quote WIENER BOERSE AG - 08/23
20 EUR   0.00%
2015FRAUENTHAL : 19. 05. 2015 – First quarter of 2015
PU
2015FRAUENTHAL : 26. 03. 2015 – Annual results for 2014
PU
2014FRAUENTHAL : Second quarter of 2014
PU
SummaryChartsNewsCalendarCompany 
News SummaryMost relevantAll newsOfficial PublicationsSector news

Frauenthal Holdling : Frauenthal Holding AG reaches an agreement with Japanese Ibiden Group on sale of Industrial Honeycombs Division

share with twitter share with LinkedIn share with facebook
share via e-mail
0
04/26/2012 | 09:49am EDT

Vienna, 26 April 2012

As announced on 11 April 2012, Frauenthal Holding AG recently initiated negotiations on the sale of the Frauenthal Group's Industrial Honeycombs Division to potential acquirers.

Frauenthal Holding AG today reached an agreement with Japan's Ibiden Co., Ltd on the sale of the Division to the Ibiden Group for an equity purchase price of about EUR 51 million (m), in addition, the puchaser takes over certain financial debt of the division. The boards of both parties have already approved the deal, and the Sale and Purchase Agreement (SPA) is likely to be signed shortly, possibly today.

Once the SPA will have been signed, the sale will be completed in accordance with conditions precedent customary for this kind of transaction, in particular with regard to clearance by the competition authorities concerned. Completion of the transaction is expected in the second quarter of 2012.

Ibiden Co., Ltd. was established a century ago as an energy supply company, and has grown into an international group with operations in the electronics (including printed circuit boards) and ceramics industries. Ibiden's ceramics business produces diesel particle filters and automotive exhaust system components, as well as graphite products, fine ceramics and ceramic fibre.

The transaction is a logical progression in Frauenthal's strategic realignment, which will see the Group focus on its Automotive Components and Wholesale Plumbing Supplies (SHT) divisions.

Contacts
Frauenthal Holding AG
Martin Sailer
m.sailer@frauenthal.at
Erika Hochrieser
e.hochrieser@frauenthal.at

Rooseveltplatz 10
1090 Vienna
Tel. +43 (0)1 5054206

distributed by
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on FRAUENTHAL HOLDING AG
2015FRAUENTHAL : 19. 05. 2015 – First quarter of 2015
PU
2015FRAUENTHAL : 26. 03. 2015 – Annual results for 2014
PU
2014FRAUENTHAL : Second quarter of 2014
PU
2014FRAUENTHAL HOLDING AG : Expectations financial year 2013
PU
2013FRAUENTHAL HOLDING AG : Results for the third quarter of 2013
PU
2012FRAUENTHAL HOLDLING : Repurchase of shares by way of a voluntary public bid is o..
PU
2012FRAUENTHAL HOLDLING : Repurchase of own shares by way of a voluntary public offe..
PU
2012FRAUENTHAL HOLDLING : Frauenthal Holding and Ibiden European Holdings complete s..
PU
2012FRAUENTHAL HOLDLING : Frauenthal Holding AG reaches an agreement with Japanese I..
PU
2012FRAUENTHAL HOLDLING : Strategic review by Frauenthal Holding AG leads to talks b..
PU
More news
Chart FRAUENTHAL HOLDING AG
Duration : Period :
Frauenthal Holding AG Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends FRAUENTHAL HOLDING AG
Short TermMid-TermLong Term
TrendsBearishBearishBearish
Managers
NameTitle
Hannes Winkler Chairman-Executive Board
Johann Schallert Chairman-Supervisory Board
Erika Hochrieser Chief Financial Officer
Dietmar Kubis Vice Chairman-Supervisory Board
Johannes Strohmayer Independent Member-Supervisory Board
Sector and Competitors
1st jan.Capitalization (M$)
FRAUENTHAL HOLDING AG-20.00%191
HONEYWELL INTERNATIONAL18.45%117 208
3M COMPANY-18.21%92 551
SIEMENS AG-9.44%78 280
GENERAL ELECTRIC COMPANY8.19%71 475
ILLINOIS TOOL WORKS19.83%49 107