TPT July 2013

Industry News

Shares acquired

New member MARC Solvi, CEO of Paul Wurth SA, has been appointed to the managing board of SMS Siemag AG for 2013. The takeover of the majority share of 59.1 per cent in Paul Wurth by SMS Holding GmbH was finalised on in December 2012. SMS Siemag AG – Germany Website: www.sms-siemag.com

LOI Thermprocess GmbH, a Tenova company, has acquired all the shares in Metall Technologie Holding GmbH (MTH) from European Capital SA SICAR. MTH, headquartered in Menden, Germany, is the parent of the companies Schmetz, Mahler and IVA in Germany, BMI in France, and Huisen in China. The acquisition is subject to certain conditions, including approval by the anti-trust authorities. MTH is a supplier of heat treatment technologies and services for the aerospace, machine tool and automotive industries. Its product range includes both vacuum and controlled atmosphere continuous and non- continuous furnaces. LOI is a leader in the field of major furnaces for the heat treatment of modern materials in the steel, aluminium and automobile industries. With companies in Europe, China, the USA and other countries, LOI is represented in all the key markets. “We are already a major supplier of furnaces for the treatment of components,” said Erik Micek, chairman of the management board of LOI Thermprocess GmbH. “By acquiring MTH, we have laid the foundation for further successful growth in major markets which are still new to us. It was important for us to find a company with the same high standards in terms of production processes and product quality.” MTH will also benefit from the takeover. The facilities in other countries and integration into the international organisational structure of the Tenova Group will play a key role in expanding the international significance of MTH and its products and services. LOI Thermprocess GmbH – Germany Fax: +49 201 1891 321

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Email: info@loi-italimpianti.de Website: www.loi-italimpianti.de

Metall Technologie Holding GmbH – Germany Fax: +49 2373 686 250

Email: info@mth-group.com Website: www.mth-group.com

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J uly 2013

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04-03-13 09:44