Bielefeld. GILDEMEISTER plans to intensify further its existing cooperation with Mori Seiki and in this respect will restructure its financing in the first six months of 2011.
Within the scope of our long-term corporate strategy, we want to expand the sustainable, successful cooperation in production, in procurement, in the area of research and development, as well as in sales and services further. The Supervisory Board has agreed the key points in a corresponding cooperation agreement. In the event of an appropriate capital market environment, GILDEMEISTER likewise plans to carry out capital increases in the first six months of 2011 with the participation of Mori Seiki. The structuring and implementation with and without subscription rights depends, amongst others, on the approval of the cartel authorities.
The Executive Board