Documents
Resources
Learning Center
Upload
Plans & pricing Sign in
Sign Out

leoni_101214_01

VIEWS: 16 PAGES: 2

									MEDIA RELEASE




Leoni and euromicron step up collaboration in the Fiber-to-
the-Home growth market
Leoni sells a subsidiary in Austria and one in the Netherlands to
euromicron holding GmbH


Nuremberg / Frankfurt on the Main, 14 December 2010 – Leoni, the
leading provider of cables and cable systems to the automotive
sector and other industries, and euromicron AG, the leading
provider of all-in solutions for network infrastructures, will be
working together more closely in the future. Rooted in an already
successfully established customer-supplier relationship, the two
companies will deepen their partnership further in the market for
fiber optic-based network infrastructures. As part of this move,
Leoni last Friday sold the two subsidiaries, Leoni NBG Fiber Optics
GmbH based in Gmünd, Austria and Leoni WCS Benelux B.V. in
Amersfoort, Netherlands, to euromicron.

euromicron AG is listed in Deutsche Börse’s Prime Standard and is a
provider of all-in solutions for communication, data and security networks.
The company will, with this strategically motivated takeover of these two
businesses, expand its development and production know-how in the field
of glass fiber-based passive components, further enhance its expertise in
the Fibre-to-the-Home (FTTH) solutions market and strengthen its presence
in Austria and Benelux. FTTH describes the most advanced development
level of wireline broadband internet connections with a glass fiber link all
the way through to the consumer’s home.

As an all-in solution provider, NBG Fiber Optics GmbH – to be known in the
future as euromicron NBG – covers a broad spectrum of passive system
components such as glass fiber cable, empty conduit systems as well as
connection    technology   and   provides   planning,   engineering,   project
management as well as installation services in the FTTH segment, primarily
so in the German-speaking region. Leoni WCS Benelux B.V. operates as a




page 1 of 2
MEDIA RELEASE




sales and distribution company in the Benelux countries. The two companies
employ a total of about 60 people.

Leoni and euromicron regard the deal as the start of greater collaboration in
the FTTH business and expect this closer linking of their skills and market
access to strengthen their combined market position. The companies see
opportunities for joint endeavour in other segments as well.

(2,296 printed characters incl empty spaces)
 Illustration material can be downloaded from media.leoni.com

About the Leoni group
Leoni is a global supplier of wires, optical fibers, cables and cable systems as well as
related services for the automotive sector and further industries. Leoni develops and
produces technically sophisticated products from single-core automotive cables
through to complete wiring systems. Leoni’s product range also comprises wires and
strands, standardised cables, special cables and cable system assemblies for various
industrial markets. The group of companies, which is listed on the German MDAX,
employs around 53,000 people in 37 countries and generated consolidated sales of
EUR 2.16 billion in 2009.


About the euromicron group
euromicron (www.euromicron.com) is an all-round solution provider for
communications, data and security networks. Its network infrastructures integrate
voice, video and data transport wirelessly, via copper cable and by means of fiber-
optic technologies. euromicron builds its leading applications, such as e-health,
security, control or surveillance systems, on the basis of these network
infrastructures. Founded on its expertise as a developer and producer of fiber-optic
components, euromicron AG is a strongly growing, profitable group that is listed on
the stock market, has a medium-sized character and focuses on operational growth,
integration and further market penetration, internationalization and expansion.


Contact person for journalists
Sven Schmidt                                         Ulrike Hauser
Corporate Public & Media Relations                   Investor / Public Relations
Leoni AG                                             euromicron AG
Phone       +49 (0)911-2023-467                      Telefon      +49 (0)69-631583-0
Fax         +49 (0)911-2023-231                      Telefax      +49 (0)69-631583-17
E-Mail      presse@leoni.com                         E-Mail IR-PR@euromicron.de




page 2 of 2

								
To top