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Capital market-relevant press releases, Company News, 2004-09-01, 02:00 AM

Management buyout at SWB Stahlformguss

Effective September 1, 2004, SWB Stahlformguss GmbH in Bochum, Germany - a company of ThyssenKrupp Steel AG - has been sold to CEO Bruno Mayer and authorized officer Wolfgang Callies in a management buyout. Norddeutsche Private Equity GmbH in Hamburg, Germany has also acquired an interest in the company as a financial investor. In the future, the company will revert to its traditional name Stahlwerke Bochum GmbH. The 114-strong workforce generates sales of around 20 million euros, mainly for export. Successful since its formation, the company specializes in the production and sale of wear-resistant steel castings for the steel recycling and rock crushing industries.


ThyssenKrupp Steel
Erwin Schneider
Tel.:+49 203 52 - 2 56 90
Fax:+49 203 52 - 2 57 07

Dietmar Stamm
Tel.: +49 203 52 - 2 62 67
Fax:+49 203 52 - 2 57 07

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