Tuesday, November 18, 2008

Kyocera wants a majority stake in tradition company Triumph-Adler

With the Nuremberg office technology company Triumph-Adler (TA) is expected to fall another German electronics manufacturer in Japanese hands.

The major shareholder Kyocera announced on Tuesday to a takeover offer. The Japanese electronics company aims to have a majority from 60 to 75 percent and wants to TA as an independent and publicly traded companies. Kyocera currently holds a stake of nearly 30 percent and is a major supplier of Nuremberg, under other printers and fax machines produce.

Kyocera offers the shareholders of Frankish tradition Undertaking 1,90 EURO per share slip. That is more than double the market value on Monday. At the start of trading on Tuesday shot the TA shares by 150 percent to 1.80 Euro upwards.

Only in October did the Japanese TDK electronic components manufacturer Epcos over. The TV manufacturers Loewe is now one good quarter the Japanese Sharp Corporation, the Upper Franconian companies had rescued the abyss.

Triumph was 112 Annual in Nuremberg as a bicycle factory was founded in 1909 as typewriters, and later motorbikes ago. End of the 1950s acquired the Fürther entrepreneur Max reason the company and leads them with the Frankfurt Adler works together. A decade later he sold TA to the U.S. company Litton. After stations owned by the Italian Olivetti and Volkswagen in 1994 acquired the business consortium TA and converted it into a holding company for SMEs. Kyocera rose in 2003 TA.

Triumph-Adler had in September its business forecast strong cropped and justification for alleged criminal activities in a subsidiary company referenced. The Bremen prosecutor identified because of infidelity and betrayal of trade secrets against a former TA manager. The TA shares in the series was good for fourth crashed.

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