Georg Fischer AG
Georg Fischer to strengthen its position in the micro¬electronics piping systems business
Georg Fischer AG / Miscellaneous/Acquisition Release of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer / publisher is solely responsible for the content of this announcement. ---------------------------------------------------------------------- Schaffhausen, 31 January 2008, 7:00 a.m., Ad hoc Georg Fischer to strengthen its position in the microelectronics piping systems business Acquisition of the 50% share of Simona AG in Georg Fischer SIMONA Fluorpolymer Products GmbH, Ettenheim As per January 1, 2008 GF Piping Systems has taken over the 50% share of Simona AG in their common Joint Venture Georg Fischer SIMONA Fluorpolymer Products GmbH in Ettenheim (Germany). This will allow GF Piping Systems to strengthen its position in the microelectronics piping systems business. Parties have agreed not to disclose the details of the transaction. This Joint Venture established in 2002 by Simona and Georg Fischer runs one of the most sophisticated clean room production sites in the world specializing in high-purity piping systems for use in semiconductor and photo-voltaic manufacturing plants. Independently from the Joint Venture, GF Piping Systems and Simona AG will continue to supply each other with specific piping systems components. __________________________________________________________________________ Corporate Profile Georg Fischer - 'Adding Quality to People's Lives' Georg Fischer is focused on its three core businesses GF Automotive, GF Piping Systems and GF AgieCharmilles. Founded in 1802, the company is headquartered in Schaffhausen, Switzerland, and has over 140 locations worldwide including 50 production facilities. With some 12,000 employees, it generated annual sales of 4.05 billion Swiss francs in 2006. The Corporation makes a direct contribution to the quality of life: Mobility, comfort and precision are key market requirements that we satisfy with our products and services. You'll find further information under www.georgfischer.com. You can register for our subscription service for journalists at www.georgfischer.com/subscriptionservice. You will then automatically receive our latest Media Releases or the regular Top Stories from Georg Fischer by e-mail. Georg Fischer AG, 8201 Schaffhausen/Switzerland Phone +41 (0) 52 631 26 97, Fax +41 (0) 52 631 28 63 __________________________________________________________________________ Daniel Bösiger Head Corporate Controlling / Investor Relations Phone +41 (0) 52 631 21 12, Fax +41 (0) 52 631 28 16 daniel.boesiger@georgfischer.com 31.01.2008 Financial News transmitted by DGAP ---------------------------------------------------------------------- Language: English Issuer: Georg Fischer AG Amsler-Laffon-Straße 9 CH-8201 Schaffhausen Schweiz Phone: +41 - 52 631 2112 Fax: +41 - 52 631 2816 E-mail: daniel.boesiger@georgfischer.com Internet: www.georgfischer.com ISIN: CH0001752309 WKN: 851082 Indices: SPI Listed: Foreign Exchange(s) SWX End of News DGAP News-Service ---------------------------------------------------------------------------
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