Jetter AG
Ad hoc-Service: Jetter AG JETTER – EBELT – en
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Automation Supplier Jetter takes over HMI-Manufacturer Ebelt
Ludwigsburg, 25 July 2000 – Jetter AG (Neuer Markt, Frankfurt:
JTT), a leading provider of industrial automation products,
takes over 100% of Ebelt GmbH, Ostfildern, retro-actively at 1
May 2000. Ebelt GmbH produces HMIs for industrial automation,
and with its wide range of attractive machinery-handling and
visualisation products has achieved an average growth rate of
22% over the last years. Ebelt GmbH’s turnover for 1999 was DM
5.2 Mio. The Jetter group achieved sales of DM 30.6 Mio. in the
fiscal year ended 31 March 2000.
In the impending paradigm shift in the automation business –
towards Ethernet-based, integrated controllers with open
standards – Jetter has positioned itself as technological
leader.
Purchasing Ebelt GmbH is an important step within Jetter’s
acquisition strategy, which aims at the capacity to offer
single-handedly the whole range of automation technology. This
“one-stop-shop”-opportunity becomes increasingly more important
in the new, open-standard environment of machinery and plant
controllers.
An important factor in this acquisition is the complementarity
of Jetter’s and Ebelt’s product range and client structure.
Jetter’s sales organisation opens up the world market for Ebelt
products, which have so far been sold mainly on the German
market. Furthermore, Ebelt GmbH’s clients have a demand for
other automation products, which means an additional market-
potential for Jetter.
The acquisition of Ebelt GmbH is still subject to the approval
by Jetter AG’s relevant bodies.
For further informations:
Jetter AG, Andreas Gatter (CFO)
Tel.: +49 7141-2550-465 Fax.: +49 7141-2550-555
E-Mail: agatter@jetter.de
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