TA Triumph-Adler AG
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TA Triumph-Adler AG acquires majority holding in the CAN.media Group
Corporate-news announcement sent by DGAP.
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TA Triumph-Adler AG acquires majority holding in the CAN.media Group
Acquisition of the CAN.media media technology Group strengthens leading European
market position in distribution of Presentation and Media technology
Nuremberg/Grünwald: August 2, 2002 – TA Triumph-Adler AG acquired a further 26%
interest in CAN.media GmbH, Berlin, on July 31, 2002, through its subsidiary
company Triumph-Adler AViTec Präsentations- und Medientechnik GmbH. With 51% of
the shares, Triumph-Adler is now the majority shareholder.
CAN.media Group is a supplier of premium quality presentation and media products
and services, with offices at seven locations in Germany. Its core business
operations focus on designing and installing presentation systems in conference
rooms and conference centers. Its customers include major international concerns
as well as Mittelstand companies.
With approx. 80 employees the CAN.media Group generated total sales of EUR 18
million in financial year 2001. The Group’s existing managing directors, M.
Wagner and E. Gerauer, will continue to run the companies.
For Triumph-Adler AViTec GmbH, which posted sales of EUR 99 million in financial
year 2001, the acquisition broadens the range of services it can provide to an
attractive segment of the presentation and media technology market.
Commenting on the acquisition, Dr. Philippi-Beck, managing director of Triumph-
Adler AViTec GmbH, notes that “A major part of CAN.media’s business is in
services. This increases the value-added in the AviTec Group, so that we can
expect to reduce the dependence of our business on general economic factors.”
For TA Triumph-Adler AG this marks a further important stage in its growth
strategy for the Triumph-Adler Experts at Output core division.
Further details can be obtained from: TA Triumph-Adler AG, Miriam Neaga, Phone:
+49/89/641902-0,Fax: +49/89/641902-90, presse@triumph-adler.de
Mailing address: Ludwig-Ganghofer-Str. 6, D-82031 Grünwald, Germany
http://www.triumph-adler.de
Brief corporate profile:
TA Triumph-Adler AG is in the process of being transformed from a diversified
holding company involved in a disconnected rage of businesses and markets into a
tightly focused distribution and service business with a leading franchise in
the future market of digital office communication.
In the core business Triumph-Adler Experts at Output distributes and services
output solution products (sales in FY 2001: EUR 401 m). This comprises the
segments Imaging (products for copying, printing, and faxing) as well as
Presentation and Media Technology (products for professional presentation).
The legacy business TA Beteiligung (sales in FY 2001: EUR 302 m) comprises the
companies Majorette, Concord and BauTech due for divestment by the end of 2003
as the concluding part of the strategic realignment.
Triumph-Adler Experts at Output is in the segment Imaging market leader in
Germany. The segment Presentation and Media Technology has reached a market
leading position in Europe. The target is to extend this strong market position
Europe-wide by organic growth and acquisitions.
end of message, (c)DGAP 02.08.2002
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WKN: 749500; ISIN: DE0007495004; Index: SDAX
Listed: Amtlicher Markt in Frankfurt (SMAX); Freiverkehr in Stuttgart
021507 Aug 02
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