01/18/12
- Increase in the stake held from 50% to 100%
-
Strengthening in the area special products for steel
and nonferrous metals production
RHI AG, the world market leader in refractories, has
taken over 100% of Stopinc AG on January 18, 2012.
Stopinc AG produces and sells refractory special products
for the usage in the iron and steel industry. Previously
RHI AG held a 50% stake in the Swiss company.
With this takeover, RHI AG strengthens the Flow Control
segment, which covers the regulated flow of liquid steel
and nonferrous metals in the production process.
Stopinc AG is one of the world market leaders in this
segment with its Interstop brand and focuses on special
products. RHI AG will keep the brand and will continue to
expand its activities, especially in Asia, and to invest
in research.
Stopinc AG, which is based in Hünenberg, Switzerland,
will be maintained as an independent company with
production sites and sales offices in the USA and China
as well as service offices in Brazil, India and Russia.
The company's 90 employees generated revenues of
29.4 million euros in the financial year 2010. In
the course of taking over Didier-Werke AG in 1996, RHI AG
acquired a 50% stake in Stopinc AG.
About RHI AG
RHI AG is the world market and technology leader in
high-grade ceramic refractory materials. A global player
with Austrian roots, RHI employs roughly 8,000 people
worldwide at 32 production sites in Europe, North and
South America, South Africa and China, and is represented
by more than 70 sales offices on four continents. The
headquarters is located in Vienna, Austria. In the first
three quarters of 2011, RHI recorded revenues of EUR
1,280.8 million. (Q1-Q3 2011: EUR 1,122.0 million,
financial year 2010: EUR 1,522.9 million). The RHI share
is listed on the Prime Market of the Vienna Stock
Exchange (ATX).
distribué par | Ce noodl a été diffusé par RHI AG et initialement mise en ligne sur le site http://www.rhi.at. La version originale est disponible ici. Ce noodl a été distribué par noodls dans son format d'origine et sans modification sur 2012-01-18 14:01:41 PM et restera accessible depuis ce lien permanent. Cette annonce est protégée par les règles du droit d'auteur et toute autre loi applicable, et son propriétaire est seul responsable de sa véracité et de son originalité. |