Pfeiffer Vacuum Technology AG: Relationship Agreement with the Busch Group concluded

Pfeiffer Vacuum Technology AG / Key word(s): Strategic Company Decision
Pfeiffer Vacuum Technology AG: Relationship Agreement with the Busch Group concluded

20-May-2019 / 12:42 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


Pfeiffer Vacuum Technology AG: Relationship Agreement with the Busch Group concluded
 
 
Asslar, May 20, 2019. Pfeiffer Vacuum Technology AG today concluded the Relationship Agreement for the strategic cooperation with the Busch Group. Since the beginning of November 2018 the parties have negotiated the framework conditions for cooperation in the areas of research and development, procurement, IT as well as service and sales.
 
Along with operational cooperation, the agreement provides for cooperation in the areas of compliance and risk management in order to ensure uniform standards.
 
Pfeiffer Vacuum expects that the cooperation with the Busch Group will facilitate annual medium-term synergies in a lower two-digit Euro million range.
 
 
 
Contact:
Pfeiffer Vacuum Technology AG
Investor Relations
Dinah Reiss
T +49 6441 802 1346
F +49 6441 802 1365
Dinah.Reiss@pfeiffer-vacuum.de
 
 

20-May-2019 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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