MAX Automation AG continues to expand its range of services for e-mobility

DGAP-News: MAX Automation AG / Key word(s): Takeover

19.12.2017 / 08:29
The issuer is solely responsible for the content of this announcement.



MAX Automation AG continues to expand its range of services for e-mobility

- Group subsidiary bdtronic acquires Italian R.C.M. Reatina Costruzioni Mecchaniche SRL

- Strengthening capacities in impregnation technology, including for electric drives

Düsseldorf / Weikersheim, December 19, 2017 - The MAX Group is strengthening its Industrial Automation segment and expanding its capacity for electromobility applications. Its subsidiary bdtronic has acquired 100% of the shares in the Italian machine manufacturer R.C.M. Reatina Costruzioni Mecchaniche SRL (RCM), based in Rieti, Lazio, from the owner family. The investment volume is in the lower single-digit million-euro range.

RCM is a specialized provider of solutions in mechanical manufacturing, assembly and engineering. The company has particular expertise in the production of impregnation systems for electric and hybrid drives and has been working with bdtronic as a supplier for several years. Besides bdtronic, customers include companies in medical technology, the hygiene industry and energy supply. RCM was founded in 1979 and currently employs 46 people. The company is largely debt free.

The MAX subsidiary bdtronic will rename RCM bdtronic Italia SRL. It plans to develop the Rieti site as quickly as possible into a competence center for impregnation systems while also simplifying the supply chain for the long term. The site will also be used for other technologies.

The acquisition of RCM will expand bdtronic's production capacities in the area of electric and hybrid drives. bdtronic has experienced strong growth over the past few years, driven by all four divisions: Dosing, Plasma, Hot Riveting and Impregnation.

In addition, the company has a high order backlog, especially in the area of electromobility, and expects demand to continue to grow.

Daniel Fink, CEO of MAX Automation AG: "Our company bdtronic is expanding with its acquisition of RCM, taking another step in its internationalization. This will strengthen its position in a market where high demand and sustained growth are expected worldwide."

Frank Elsner
Frank Elsner Kommunikation für Unternehmen GmbH
Phone: +49 - 5404 - 91 92 0
Fax: +49 - 5404 - 91 92 29

About MAX Automation AG
MAX Automation AG (Securities Identification Number: A2DA58) with its headquarters in Düsseldorf is an internationally active high-tech mechanical engineering Group and a leading full-service supplier of integrated and sophisticated system and component solutions. Its operational business is divided into two segments. In the Industrial Automation segment, the Group is considered to be a trendsetter in the development and manufacturing of integrated and proprietary solutions for use in manufacturing and assembly in the automotive industry, medical technology, packaging machines and the electronics industry due to its comprehensive technological know-how. In the Environmental Technology segment, MAX Automation develops and installs innovative systems for use by the recycling, energy and raw materials industries.

19.12.2017 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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