DGAP-Adhoc: MAX Automation SE: Supervisory Board decides closure of IWM Automation Bodensee GmbH

2019. június 25., kedd, 18:24





DGAP-Ad-hoc: MAX Automation SE / Key word(s): Strategic Company Decision


MAX Automation SE: Supervisory Board decides closure of IWM Automation Bodensee GmbH


25-Jun-2019 / 18:24 CET/CEST


Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.


The issuer is solely responsible for the content of this announcement.




AD-HOC RELEASE (PURSUANT TO SECTION 17 GERMAN SECURITIES TRADING ACT (WPHG))



MAX Automation SE: Supervisory Board decides closure of IWM Automation Bodensee GmbH



Dusseldorf, June 25, 2019 - Having duly considered alternatives, including disposal, the Supervisory Board of MAX Automation SE has today decided the closure of the high loss-making subsidiary IWM Automation Bodensee GmbH in Bermatingen as of December 31, 2019. The process of closing IWM Automation Bodensee GmbH at its location in Bermatingen affects around 100 jobs. A social package and establishing a transfer company are intended to mitigate the consequences of job losses. Customer projects still to be processed will be duly completed in an orderly manner. In addition to the resulting operating losses, the additional costs for the closure will be in the upper one-digit million range.



Contact:

Katja Redweik

Head of Corporate Development/IR

MAX Automation SE

Tel.: +49 (0)211 - 9099 144
katja.redweik@maxautomation.com

Contact for media representatives:

Susan Hoffmeister

CROSS ALLIANCE communication GmbH

Tel.: +49 (0)89 - 125 09 03 30
sh@crossalliance.de



Marco Cabras

newskontor - Agentur für Kommunikation

Tel.: +49 (0)211 - 863 949 22
marco.cabras@newskontor.de
www.maxautomation.com











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Language: English
Company: MAX Automation SE

Breite Straße 29-31

40213 Düsseldorf

Germany
Phone: +49 (0)211 90991-0
Fax: +49 (0)211 90991-11
E-mail: Investor.Relation@maxautomation.com
Internet: www.maxautomation.com
ISIN: DE000A2DA588
WKN: A2DA58
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 830843





 
End of Announcement DGAP News Service




830843  25-Jun-2019 CET/CEST







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