EoW March 2010

13 / 224

corporatenews
Bremer develops and produces machines for the manufacture
and repair of drawing die tools, offering individual software,
knowledge and technical assistance. In the company’s largest
takeover to date, Bremer has purchased the former Schaaf
building, the capital and current assets, and retained some
of the former workers. This move is in line with the company’s
strategy to become a clearly structured technology company
with international orientation.
Bremer’s target is to further strengthen and develop to become a
complete supplier for wire drawing companies, both in Germany
and abroad, and to increase the turnover and revenue strength
of the company by organic growth and international expansion.
Schaaf was an established and renowned name in the
wire industry. The Schaaf machine programme to process
diamond and Compax drawing dies is said to remain the
most comprehensive in the field of diamond drawing die tool
manufacturing.
Bremer will continue the service and supply of spare parts for
Schaaf machines in cooperation with former Schaaf customers.
Willi Bremer GmbH – Germany
Fax: +49 2778 2190
Email:
Website :
Schaaf machines will
continue
On 2nd February 2010, SKion GmbH informed Altana that it
is holding 129,342,421 shares, representing around 95 per
cent of the Altana shares. SKion also requested that Altana AG
convene a shareholders meeting, pursuant to 327a section 1 of
the German Stock Corporation Act (AktG). In this shareholders
meeting a resolution on the transfer to SKion GmbH of the
shares held by the remaining shareholders (in return for an
appropriate cash compensation) could be passed (a so-called
“squeeze out”).
The move follows SKion’s voluntary public offers to Altana
shareholders during November and December 2009 by which
means, and by means of further acquisitions of shares, SKion
GmbH had been continuously increasing its shareholding in
Altana AG to the current percentage of ownership.
Ms Susanne Klatten is the sole shareholder of SKion GmbH,
and is also acting as vice chair of the supervisory board of
Altana AG. The Altana group includes the Elantas electrical
insulation division.
Altana AG – Germany
Fax: +49 281 670 1114
Email:
Website :
Chemicals company
faces squeeze