New Acquisition for the DELACHAUX Group

Delachaux S.A. acquires Germany's Wampfler AG, the global leader in energy supply systems for urban transport and industrial moving equipment.

(PRWEB) November 8, 2006 -- As part of its strategy to expand into high value-added niche market areas, on November 5, 2006, Delachaux S.A. signed a protocol agreement to fully acquire Germany's Wampfler AG.

Wampfler AG, an international corporation based in Weil am Rhein-Märkt, Germany, is one of the world's leading suppliers of energy supply systems for industrial moving equipment, such as bridge cranes and portal cranes, and for urban transport applications. The company generated revenues of €82 million in fiscal 2005, and €45 million in the first half of 2006.

This acquisition will allow Delachaux, which generated consolidated revenues of €468.6 million in 2005 and €264.1 million in the first half of 2006, to significantly enhance its Conductic business.

Delachaux will maintain a global leadership position in systems combining power supply and data transmission by operating the acquisition through four divisions: Lifting and Handling (for shipyard, airport, mining, and nuclear applications), Transport and Leisure (theme parks), Cable and Fiber Optics (energy and telecom), and Specialized Slip Rings (robots, machine tools, packaging, and automotive).

The new Conductic business is expected to generate revenues on the order of €190 million, with complementary geographic regions and technologies, strong capacity for R&D and innovation, and considerable synergies. It will be positioned as the global leader in highly productive industrial equipment, in markets experiencing rapid growth in international trade.

The transaction will be finalized in January 2007.

This acquisition represents another significant step forward for Delachaux along its growth strategy, following the successful acquisition of Pandrol in its railway business.

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