INDUS expands its investment portfolio with a 75% investment in OBUK
Bergisch Gladbach, October 10, 2006 - SDAX-listed INDUS Holding AG (ISIN DE0006200108) continues to expand its investment portfolio by acquiring 75% of the shares in OBUK Haustürfüllungen GmbH & Co. KG, Oelde. The remaining shares are held by company founder Günther Keutmeier, who will remain in charge of operations in his capacity as Managing Director.
Established in 1980, OBUK produces plastic and aluminium fillings for premium-quality doors and offers a wide range of different products. In fiscal 2005, the company employed roughly 150 people and generated sales in excess of EUR 21 million. A good two thirds of the sales volume are accounted for by repairs, while one third stems from new buildings. OBUK is among the leading suppliers in this attractive segment and has an excellent market position and a broad customer base. The products are marketed by a regionally structured sales organisation, mainly in Germany as well as in Austria and the Netherlands.
Relying on a flexible production system and using a wide range of standardised individual components, OBUK can turn orders around fast for quick revenue generation.
“OBUK is characterised by a stable development with only very little exposure to construction activity, which makes the company an ideal fit for our investment portfolio,” said Helmut Ruwisch, CEO of INDUS Holding AG.
back
