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Current report Return >

2011

Number Date Subject
85/2011 2011-09-30 Taking over an offer on purchase of WEDO company

In connection with the current report no 80/2011 of September 16th, 2011, the Management Board of Boryszew S.A. (Company) informs that on September 30th, 2011 the Company was choosen as a final tenderer to purchase the company WEDO Formenbau und Kunststoffverarbeitung GmbH (WEDO) with the seat in Germany.
Signing a purchase agreement should be executed till the end of October 2011 and the formal acquisition – after an agreement of anti-trust office.
WEDO is a highly specialised tool-shop, closely integrated with enterprises of AKT Group, providing construction, design, R&D services as well as production of forms, both for AKT and clients of automotive sector and also oustide this sector.
Enterprises of AKT Group were purchase by Boryszew S.A. in August 2011.
WEDO is a producer of global quality forms and appliances for production plastic parts in injection technology, with its own department of design engineers, employing 97 persons.
Acquisition of WEDO will strenghten the position of Boryszew and AKT Groups as a complete supplier of plastic parts for design services, R&D for production offinal elements in automotive sector.

Signatures:
Małgorzata Iwanejko – President of the Management Board
Paweł Miller – Member of the Management Board

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