OHB Technology AG acquires Kayser-Threde GmbH, Munich

Today, OHB Technology AG (ISIN: DE0005936124), listed on the Prime Standard, has signed a contract sale for the purchase of the entire interest in KT Beteiligungsgesellschaft mbH & Co. KG, which in turn holds a 100 percent of the shares in Kayser-Threde GmbH, Munich. The purchase price amounts to EUR 5.95 million. The performance of the sale contract is subject to various conditions whose occurrence is expected for the next weeks.

Kayser-Threde GmbH ranks among the three largest space companies in Germany and specializes in the development and implementation of payloads, scientific devices, and equipment for aerospace, science, and the industry. Kayser-Threde GmbH provides support over the complete life cycle of a scientific device for manned and unmanned spaceflight missions, from feasibility study and the development of hardware and software up to mission support and data interpretation. The business segments Automotive and Process Control Systems include the test data recording and data management of crash tests as well as process control systems and telecontrol engineering for railway power supply. With more than 200 employees, the company had total revenues of about EUR 38 million in the year 2006.

With this step, OHB Technology AG is expanding its product portfolio by the segments science and payloads and will thus be positioned on an even broader base with altogether four business divisions in the future. The OHB Group’s market position and customer access are significantly strengthened by this transaction, improving the realization of further potential for development.

About Kayser-Threde

Founded in 1967, Kayser-Threde GmbH has a global customer base, including the industry, space agencies, national governments, and scientific institutions. Kayser-Threde offers the complete realization of a project to its customers. The scope ranges from studies, analyses, and system design to special developments, test procedures, production, implementation, and operation and support. Because of the rigorous requirements in aerospace, Kayser-Threde GmbH has established the highest quality standards, reflected in the reliability of its products, system solutions, and processes.

Further information about the company can be found at: www.kayser-threde.de.

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Günther Hörbst
Head of Corporate Communications

Manfred-Fuchs-Platz 2-4
28359 Bremen

Phone.: +49 421 2020-9438
Mobile: +49 171 1931041
Email: guenther.hoerbst@ohb.de