DGAP-Ad-hoc: Dürr Aktiengesellschaft / Key word(s): Investment 
Dürr AG: Dürr expanding automation business with majority stake in 
Teamtechnik 
 
16-Dec-2020 / 18:01 CET/CEST 
Disclosure of an inside information acc. to Article 17 MAR of the Regulation 
(EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG. 
The issuer is solely responsible for the content of this announcement. 
 
*Dürr expanding automation business with majority stake in Teamtechnik * 
 
Bietigheim-Bissingen, December 16, 2020 - The Dürr Group is acquiring 75% of 
the shares in Teamtechnik Maschinen und Anlagen GmbH and thus strengthening 
its position in the automation market. With headquarters in Freiberg 
(Germany), Teamtechnik is a leading automation specialist primarily active 
in the areas of electromobility and medical technology. 
 
Signed today, the purchase contract is still subject to anti-trust clearance 
and is expected to be closed in February 2021. For this reason, the 
acquisition will not have any impact on the Dürr Group's figures and 
forecast for 2020. The parties have agreed not to disclose the purchase 
price. 
 
Teamtechnik generated sales of around &euro 155 million in 2019. Of this, 
roughly 60% was accounted for by business in testing systems for fully 
assembled electric and hybrid drives. The company is already generating 20% 
of its sales from automated production systems for medical devices (e.g. 
injection systems, inhalators, infusion sets, contact lenses). Some 20% of 
its sales come from service and other business. 
 
Teamtechnik is to grow profitably within the Dürr Group. Sales of around 
&euro 200 million and an EBIT margin of roughly 9% are being targeted for 
2024. Earnings are to be boosted by leveraging synergistic effects in sales, 
purchasing, order execution, service and digitalization. The targets defined 
for Teamtechnik are consistent with the medium-term goals for the Dürr Group 
(EBIT margin of at least 8%, ROCE of around 25%). 
 
The Dürr Group expects Teamtechnik to generate sales of around &euro 120 
million in 2021, accompanied by EBIT that is in slightly negative territory 
due to extraordinary expenses (including purchase price allocation) and 
coronavirus-related strain. 25% of the shares in Teamtechnik will be 
retained by Stefan Roßkopf, the CEO and a member of the founding 
family. He will be heading Teamtechnik's activities within the Dürr Group as 
a separate business unit. 
 
_______________________________________________________________ 
 
The Dürr Group is one of the world's leading mechanical and plant 
engineering firms with extensive expertise in automation and 
digitalization/Industry 4.0. Its products, systems and services enable 
highly efficient manufacturing processes in different industries. The Dürr 
Group supplies sectors like the automotive industry, mechanical engineering, 
chemical, pharmaceutical and woodworking industries. It generated sales of 
&euro 3.92 billion in 2019. The company has around 16,200 employees and 112 
business locations in 33 countries. The Group operates in the market with 
the brands Dürr, Schenck and HOMAG and with five divisions: 
 
- *Paint and Final Assembly Systems:* paint shops as well as final assembly, 
testing and filling technology for the automotive industry 
 
- *Application Technology: *robot technologies for the automated application 
of paint, sealants and adhesives 
 
- *Clean Technology Systems:* air pollution control, noise abatement systems 
and coating systems for battery electrodes 
 
- *Measuring and Process Systems:* balancing equipment and diagnostic 
technology 
 
- *Woodworking Machinery and Systems:* machinery and equipment for the 
woodworking industry 
 
*Contact*: 
Dürr AG 
Andreas Schaller / Mathias Christen 
Corporate Communications & Investor Relations 
Phone +49 7142 78-1785 / -1381 
Fax +49 7142 78-1716 
E-Mail corpcom@durr.com 
 
This publication has been prepared independently by Dürr AG/Dürr group. It 
may contain statements which address such key issues as strategy, future 
financial results, events, competitive positions and product developments. 
Such forward-looking statements are subject to a number of risks, 
uncertainties and other factors, including, but not limited to those 
described in disclosures of Dürr AG, in particular in the chapter "Risks" in 
the annual report of Dürr AG. Should one or more of these risks, 
uncertainties and other factors materialize, or should underlying 
expectations not occur or assumptions prove incorrect, actual results, 
performances or achievements of the Dürr group may vary materially from 
those described in the relevant forward-looking statements. These statements 
may be identified by words such as "expect," "want," "anticipate," "intend," 
"plan," "believe," "seek," "estimate," "will," "project" or words of similar 
meaning. Dürr AG neither intends, nor assumes any obligation, to update or 
revise its forward-looking statements regularly in light of developments 
which differ from those anticipated. Stated competitive positions are based 
on management estimates supported by information provided by specialized 
external agencies. 
 
Our financial reports, presentations, press releases and ad-hoc releases may 
include alternative financial metrics. These metrics are not defined in the 
IFRS (International Financial Reporting Standards). Net assets, financial 
position and results of operations of the Dürr group should not be assessed 
solely on the basis of these alternative financial metrics. Under no 
circumstances do they replace the performance indicators presented in the 
consolidated financial statements and calculated in accordance with the 
IFRS. The calculation of alternative financial metrics may vary from company 
to company despite the use of the same terminology. Further information 
regarding the alternative financial metrics used at Dürr AG can be found in 
our financial glossary on the web page 
(https://www.durr-group.com/en/investor-relations/service/glossary/). 
 
16-Dec-2020 CET/CEST The DGAP Distribution Services include Regulatory 
Announcements, Financial/Corporate News and Press Releases. 
Archive at www.dgap.de 
Language:    English 
Company:     Dürr Aktiengesellschaft 
             Carl-Benz-Str. 34 
             74321 Bietigheim-Bissingen 
             Germany 
Phone:       07142 78-0 
Fax:         07142 78-1716 
E-mail:      corpcom@durr.com 
Internet:    www.durr-group.com 
ISIN:        DE0005565204, XS1048589458 
WKN:         556520, A1YC44 
Indices:     MDAX 
Listed:      Regulated Market in Frankfurt (Prime Standard), Stuttgart; 
             Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, 
             Hanover, Munich, Tradegate Exchange 
EQS News ID: 1155704 
 
End of Announcement DGAP News Service 
 
1155704 16-Dec-2020 CET/CEST

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December 16, 2020 12:02 ET (17:02 GMT)