Acquisition of rotoclean GmbH, Freiburg, signed
technotrans AG is extending its product area of blanket cleaners through the purchase of rotoclean GmbH and of the technologies that this company uses. The corresponding agreements were signed today.
rotoclean is one of the leading manufacturers of cleaning systems for newspaper web presses and has enjoyed rapid expansion in recent years. It posted revenue of approx. ¤ 7 million in 2006.
In acquiring rotoclean's technologically convincing, patent-protected technology, technotrans is extending its own product range of cleaning systems. The blanket cleaner (contex.c) that it has developed independently in recent years is now complemented by a brush-type cleaner for newspaper web presses; the possibility of transferring individual elements of this technology to the brush version contex.b that technotrans is currently developing will enable it to reduce its own development expenditure in that area. technotrans anticipates substantial revenue growth in the next few years from the international roll-out of the acquired brush concept for newspaper web presses, associated cross-selling opportunities for other technotrans products and swifter development progress on the contex.b.
The acquired technology will be fully integrated into the technotrans Gersthofen location, near Augsburg, which serves as the group's centre of expertise for blanket cleaners. The previous owner Mr. Richard Munz will join the technotrans management team.
Contact for further information: Thessa Roderig, Investor Relations technotrans AG, phone +49 (0)2583-301-1887