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Deutsche Beteiligungs AG Sells Shares in Dorries Scharmann
Vienna, Austria — Deutsche Beteiligungs AG has agreed to sell its shares in Dorries Scharmann Technologie GmbH (DST) to the Austrian A-TEC Industries AG.

DST was originally acquired by Deutsche Beteiligungs AG in 1998 and parties have agreed jointly not to disclose the purchase price. DST currently employs approximately 700 people, about 600 of them at its German plants in Moenchengladbach and Bielefeld. The company's products are widely used in the automotive, general engineering, energy and aerospace industries. DST is forecasting 11 percent revenue growth to approximately EUR 141 million for the 2007 financial year, approximately two thirds of which is due to the export business.

For more information, contact: A-TEC Industries AG, Wachtergasse 1, 1010 Vienna, Austria +43 1 22760
 
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