From a strategic point of view, this step will allow the
Bossard Group to strengthen its base three-fold: firstly, to
draw closer to attaining its strategic goal of pushing ahead
worldwide and continuing to grow in a profitable and
customer-oriented manner. Secondly, this strategic
acquisition will enable customers to profit from greater
competences in industrial fastening technology and a
perfectly supplemented range of products and service
offering. And thirdly, the strategic cross-linking of solid
engineering expertise from both companies will create new
possibilities for meeting the growing demand for
customer-specific solutions and innovative fastening
technology. The aim is to make active use of these strengths
on the market with the new group of over 1,800 employees, as
well as to continue building on the market presence of both
companies.
KVT Fastening division belongs to the KVT Koenig Group, which
is held by renowned holding companies Capvis and HgCapital as
well as members of management. The Bossard Group is taking
over KVT Fastening within the framework of a combined share
and asset transaction.
As the first step, the takeover price of around CHF 200
million is to be financed by taking out a consortium loan. In
a second step the loan will be reduced through a share
capital increase of estimated CHF 80 million. Subject to the
right market conditions, the share capital increase is
planned for the first half of 2013. Kolin Holding Ltd. as
main shareholder, owned by the
Bossard Group Phone +41 41 749 66 11
Steinhauserstrasse 70 Fax +41 41 749 66 22
CH-6301 Zug www.bossard.com investor@bossard.com
Bossard families, has announced that it will participate in
the planned share capital increase
in proportion to their shareholding. Zürcher Kantonalbank
(Cantonal Bank of Zurich) will be the lead bank for this
transaction for the Bossard Group.
David Dean, CEO
Phone +41 41 749 61 01
E-Mail
investor@bossard.com www.bossard.com
Bossard is a leading supplier of intelligent solutions for industrial fastening technology. The company's complete portfolio for fasteners includes worldwide sales, technical consulting (engineering) and inventory management (logistics). Its customers include local and multinational industrial companies who use Bossard's solutions to improve their productivity. Employing 1,600 people in over 50 locations around the world, the Group generated CHF 474 million in sales in 2011. Bossard is listed on the
SIX Swiss Exchange.
About KVT FasteningThe KVT Fastening division is part of the KVT Koenig Group and is active across Europe as the leading provider of sophisticated fastening solutions particularly in the German, Swiss and Austrian markets. KVT offers a wide product portfolio of over 70,000 items and is strategic partner to a steadily growing client base of currently around 25,000 customers. The company has three main logistics centres in Dietikon (CH), Illerrieden (DE) and Asten/Linz (AT). With 230 employees, KVT achieves a turnover of
around CHF 120 million.
Not authorised for dispatch, publication or distribution in the USA, Canada, Japan or Australia. This publication does not constitute an offer to buy or subscribe to shares in Bossard Holding AG. In
particular, Bossard Holding AG shares are not offered for sale either in the USA or to US persons.
Bossard Group Phone +41 41 749 66 11
Steinhauserstrasse 70 Fax +41 41 749 66 22
CH-6301 Zug www.bossard.com investor@bossard.com
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