Komax Holding AG : Komax strengthens wire processing business

Komax Holding AG / Komax strengthens wire processing business . Processed and transmitted by Thomson Reuters ONE. The issuer is solely responsible for the content of this announcement.  Komax strengthens core Wire business by acquiring Japanese company MCM Cosmic KK.  MCM Cosmic was founded in Tokyo in 1992 and currently employs 15 people. The company develops and markets wire stripping machinery. By acquiring MCM Cosmic, Komax Wire is adding entry-segment machines and coaxial cable processing applications to its product range. The move will also give Komax Wire better access to Japanese customers.  Moreover, the Wire business unit is continuing to perform well, and Komax still expects net sales revenues for the first half of 2012 to largely equal those of the previous year.  For more information, please contact:  Marco Knuchel                                     Tel. +41 41 455 06 16 Head Investor Relations / Corporate               Fax +41 41 450 10 24 Communications                                    marco.knuchel@komaxgroup.com www.komaxgroup.com  The Komax Group is a leading manufacturer of wire processing machines, machines for the production of modules for the photovoltaics market and machine systems for the manufacture of inhalers and insulin delivery or injection systems. It employs a workforce of around 1100 people. Alongside production facilities in Switzerland, France, the United States, Malaysia and China, Komax also provides sales and service support via subsidiaries and independent agents in around 60 countries.  The media release can be downloaded from the following link:  Media release (PDF)  ------------------------------------------------------------------------------  This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients.  The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein.  Source: Komax Holding AG via Thomson Reuters ONE HUG#1616425  --- End of Message ---  Komax Holding AG Industriestrasse 6 Dierikon-LU Switzerland  WKN: 1070215 ;ISIN: CH0010702154;  
Press spacebar to pause and continue. Press esc to stop.