Press Release, 08.01.2008
TA Triumph-Adler acquires Bocholt based office technology activities
Looking at enhanced acquisition activities
Nuremberg, January 8, 2008: By the end of 2007, TA Triumph-Adler acquired the operating office technology business of CKV Neukoetter GmbH, Bocholt, Northrhine-Westfalia. The company, which was established in 1979, manages 500 machines as part of long-term agreements, and reported sales of over € 1 million in 2006. The activities acquired by means of an asset deal will now be quickly and completely integrated into TA Triumph-Adler Corporate Consulting GmbH, Bonn. Offices at the Bocholt location will be refurbished to serve as a TA Triumph-Adler sales establishment also rendering support for the TA activities in the Netherlands.
With this move the TA Triumph-Adler Group continues with its enhanced acquisition activities. TA Triumph-Adler points out that it has extensive positive experience in integrating small specialist dealers into the relevant TA Triumph-Adler regional companies. The specialist for efficiency in the document business restructured its financing last year, among other things in order to acquire additional funding for a markedly greater level of acquisition activity. In addition to organic growth, acquisitions will contribute € 75 million additional sales volume within the next three years. By 2010 at the latest, TA Triumph-Adler aims to generate Group revenue of over € 500 million with an EBIT return on sales of 9%.
Further details can be obtained from:
TA Triumph-Adler AG
Dr. Joachim Fleing
Phone: +49 (0) 911 / 68 94 - 499
Fax: +49 (0) 911 / 68 98 -200
Mailing address:
Suedwestpark 23
D -90449 Nuremberg, Germany
ir@ta.ag
www.triumph-adler.de
TA Triumph-Adler is the specialist in the Document Business. The company analyses and provides consultancy services to corporate customers on an individual basis, and implements efficient document workflow. Both in paper and in electronic formats, and including long-term service. With more than 170,000 installed systems at over 35,000 satisfied end-customers, and drawing on 111 years of experience in the "Document Business", the corporation ranks as the market leader in Germany. Backed by more than 450 of its own document consultants, and 400 of its own system supporters, the company provides comprehensive, area-wide service, and is available for customers at 60 German locations, as well as internationally. TA Triumph-Adler offers modular solution concepts (Hardware = TOM "Total Output Management"; Software = DIDO "Digital Document Organization"). The company fields a full range of products in the areas of printing, fax, copying, scanning, and DMS, and, with TA Leasing GmbH, has its own financial services provider offering an extensive range of financing solutions for corporate customers. The Document Specialist also attends to the needs of major national and international customers through its specialized company, TA Triumph-Adler Corporate Consulting GmbH. TA Triumph-Adler AG is listed in the Prime Standard of Deutsche Börse (WKN 749500), and generated revenue of €378 million in the 2006 financial year with an employee base of 1,400 members of staff. The company engages with its social and societal-political responsibilities via the Triumph-Adler "Children in Need" Foundation, is committed to environmental protection, and pursues efficient and comprehensive corporate governance.
Important notice:
This press release contains forward-looking statements that are based on assumptions and estimates made by the management of TA Triumph-Adler AG. Even if the management of the company is of the view that these assumptions and estimates are appropriate, future actual developments and future actual events may diverge significantly from these assumptions and estimates due to various factors. These factors may include, by way of example, changes in the macroeconomic situation, exchange rates, interest rates, as well as changes both within the market and in the competitive environment as the result of technological change. TA Triumph-Adler AG provides no guarantee, and accepts no liability, if future developments, and results achieved in the future, do not accord with the assumptions and estimates expressed in this press release.