AUTEV AG
AUTEV AG takes a shareholding of 35% in powerLEDs Handelgesellschaft mbH
AUTEV AG / Key word(s): Miscellaneous 04.10.2010 11:02 --------------------------------------------------------------------------- AUTEV AG takes a shareholding of 35% in powerLEDs Handelgesellschaft mbH Brandenburg an der Havel, October 4th, 2010 - The AUTEV AG announces the successful completion of the negotiation of a 35 % shareholding in PowerLEDs Handelsgesellschaft mbH through a capital increase in order to finance its expansion. CEO Uwe Maiberg and Tim David, member of the executive board and Head of Division Lighting, are extremely delighted about the agreement. They expect immense cross-selling potential and competitive edges with regard to the realization of projects through the extension of the service and product portfolio. As both companies complement each other ideally, the potential synergy is enormous. Both directors consider the deal to be a consequent expansion of their services, especially in the area of interior lighting. In this field, powerLEDs Handelgesellschaft mbh has established an excellent reputation over the past few years. Various, high-quality products enable the realization of tailor-made solutions for clients. In contrast, the innovation award-winning street lamp AuLED complements the area of exterior lighting perfectly. As a result both companies provide a much broader service portfolio and increase their market penetration potential. The new shareholding has resulted in the target group being significantly enlarged, as well as providing for a continuing expansion in the product portfolio's development. PowerLEDs Handelsgesellschaft mbH, founded 2009 and located in Frankfurt am Main, regards itself as one of the pioneers of LED technology and has been active in this business area for several years. Both in the planning process, and in the replacement of conventional lighting technology for ultra-modern LED technology, the company advises well-known clients in various industry sectors. The high-quality approach and customer satisfaction are highlighted by several successfully conducted advisory campaigns. Some of its clients in the field of advisory service and project planning are well-established chains in the sports and wellness sector such as Fitness First, or in the area of facility management services companies such as WISAG AG and ISS. Retail chains like HdM (Häuser der Mode), hotel chains like Mövenpick and Best Western, national power supplier like EVO Energie Versorgung Offenbach complement its references. Additionally, in 2009, among others, PowerLEDs Handelsgesellschaft mbH entered into a service framework agreement with BBFS (Bilfinger & Berger Facility Services). Additional information about PowerLEDs Handelsgesellschaft mbH can be found at www.powerleds.org. Powerleds Handelsgesellschaft mbH Speicherstr. 49-51 D-60327 Frankfurt a.M. Telefon: +49 (0) 69 900 21755-38 Telefax: +49 (0) 69 900 21755-37 info@powerleds.org About AUTEV AG Over the years, the AUTEV AG has developed into an efficient and internationally operating engineering and service company. The company plans, develops, produces, programs and delivers sophisticated machinery and facilities throughout the world. Additionally, the company is striving to achieve technology and market leadership in new fields of business. As a result the company successfully entered the market for energy efficient and CO2 reducing lighting technology. Following two years of research, the AUTEV AG successfully introduced AuLED into the market. AuLED is an innovative and energy saving street lamp, based on ultra-modern LED technology, which is already currently being widely used. Additional information about AUTEV AG can be found at www.autev.de. AUTEV AG Carl-Reichstein-Str. 6 D-14770 Brandenburg a.d.H. Telefon: +49 (0)3381 80 43 630 Telefax: +49 (0)3381 80 43 635 E-Mail: info@autev.de 04.10.2010 Dissemination of a Corporate News, transmitted by DGAP - a company of EquityStory 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 ---------------------------------------------------------------------------
Aktuelle News
Aktuelle Berichte
Keine Berichte gefunden
Anstehende Events
Keine Events gefunden
Webcasts
Keine Webcasts gefunden