OHB Technology AG: Formal procedures of Kayser-Threde GmbH takeover carried out
As of today, Munich aerospace company Kayser-Threde GmbH is officially part of OHB Technology AG (ISIN: DE0005936124, Prime Standard). The formal transfer of the entire interest in KT Beteiligungsgesellschaft mbH & Co. KG, which holds a 100 percent interest in Kayser-Threde GmbH, was finalized today with the entry in the commercial register. The company will be included in the consolidated financial statements of OHB Technology AG as of July 1, 2007.
The takeover and the integration of Kayser-Threde into the OHB Technology Group result in a completion of the previous structuring of the group’s business segments. Together with its investments, Kayser-Threde GmbH represents the division Payloads + Science with immediate effect.
From now on, the new group structure is laid out as follows:
- Space Systems + Security
with the space technology core business of OHB-System and its investments as well as the foreign subsidiaries - Payloads + Science
with Kayser-Threde and its subsidiaries and investments, concerned with the development and implementation of payloads, scientific devices, and equipment for aerospace, science, and the industry - Space Transportation + Aerospace Structures
with MT Aerospace and its subsidiaries and investments - Telematics + Satellite Operations
with the activities in telematics and the investments in the ORBCOMM satellite system
The detailed structure of the OHB Technology Group can be found on the Internet at: www.ohb-technology.de.
Günther Hörbst
Head of Corporate Communications
OHB SE
Manfred-Fuchs-Platz 2-4
28359 Bremen
Germany
Phone.: +49 421 2020-9438
Mobile: +49 171 1931041
Email: guenther.hoerbst@ohb.de