DIS AG
DIS AG acquires engineering company
Ad-hoc-announcement transmitted by DGAP.
The issuer is solely responsible for the content of this announcement.
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Dusseldorf, 10th December, 2003 DIS Deutscher Industrie Service AG, the market
leader for qualified personnel services in Germany has concluded an option
agreement with the owners of the Nuremberg-based companies encad GmbH and
Technoservice GmbH providing for the purchase of the above companies by DIS AG
in January 2004. In the 2004 financial year, encad generated revenues of Euro
14.2 million. The medium-sized company headquartered in Nuremburg with further
offices in Southern Germany offers qualified engineering services in the areas
of plant and mechanical engineering as well as in vehicle technology. The encad
acquisition ideally supplements the activities of euro engineering AG, a fully
owned subsidiary of DIS AG which generated revenues of Euro 58.9 million in the
2002 financial year. There is no intention of integrating encad GmbH into euro
engineering AG. Technoservice GmbH hires qualified specialist staff in the
framework of employee deployment, generating revenues of Euro 6.4 million in the
2002 financial year. The parties agreed to maintain confidentiality on the
purchase price should the option be exercised. From the very start, the
companies will make a positive contribution to the DIS AG group result, even
after goodwill amortisation.
Contact: Dominik de Daniel, CFO, Niederkasseler Lohweg 18, D-40547 Düsseldorf,
phone : ++49 211 530653-16, fax : ++49 211 530653-740, e-mail : ir@dis-ag.de.
end of ad-hoc-announcement (c)DGAP 10.12.2003
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WKN: 501690; ISIN: DE0005016901; Index: SDAX
Listed: Amtlicher Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin-
Bremen, Düsseldorf, München und Stuttgart
100832 Dez 03
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