EANS-Adhoc: Miba Aktiengesellschaft / Miba Acquires Producers of Power Electronics Components

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Company Information

01.09.2010

Miba Acquires Producers of Power Electronics Components

- Miba continues expansion strategy with move into growth area - energy
- EBG and DAU will be part of the Miba Group as of September 1, 2010
- Styria-based companies with annual sales of approximately EUR 30 million
and staff headcount of around 130

Miba, strategic partner to the international engine and automotive
industry, has acquired EBG and DAU, producers of power electronics
components, as of September 1, 2010. The Styrian group, which
generates annual sales of EUR 30 million, has production sites at
two locations in Styria (Austria).

EBG and DAU are innovative specialists in passive electronic
components such as resistors and cooling systems for power
electronics. The hitherto family-owned companies employ around 130
people at their Kirchbach and Ligist sites in Styria.

"In acquiring these companies Miba is continuing with its growth
strategy. This is a move into a new area of technology and products
with enormous potential for the future, and constitutes active
investment in a major trend - energy. High-performance components
for power electronics are a key to more efficient drive systems
and the steadily growing use of renewable energy sources such as
wind power," explains Miba CEO Peter Mitterbauer.

EBG is a specialist in passive electronic components. At its
Kirchbach site in south-east Styria it develops and produces
precision high-voltage, high- performance resistors. EBG has
operations all around the world, and its client list includes a
number of major power electronics groups. In development and
production, the company focuses on technologically advanced niches
and special applications and is valued by its clients as a
high-quality, high-end partner.

DAU is an internationally known development partner and provider
of thermal solutions such as air-cooled and liquid-cooled heat sinks
and heat pipes. It develops high-performance heat sinks for power
semiconductors used to control for example engines and electrical
drive systems.

"The Miba vision is 'No power train without Miba technology'. By
acquiring EBG and DAU we're taking another step towards achieving
that vision and moving into an absolute growth area - energy
generation, energy utilization and electrical drive systems. The
new companies will broaden Miba's product portfolio and
strengthen its competencies in future-oriented technologies," says
Mitterbauer.

EBG and DAU will pursue their technology leadership and, as part of
the Miba Group, will be oriented to profitable growth.

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The Miba Group

With headquarters in Laakirchen, Upper Austria, Miba is a strategic
partner to the international engine and automotive industry.
Sintered components, engine bearings, friction materials and
coatings for motor vehicles, railways, ships, aircraft and power
stations are produced at twelve sites worldwide. Miba products
make vehicles more efficient, safer and more environmentally
friendly. Miba has around 2,700 employees, over half of whom work at
the Austrian sites in Laakirchen, Vorchdorf and Roitham. In the
2009-10 business year, sales of the listed company totaled 311.8
million euros with an operating result (EBIT) of
16.4 million euros.

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ots Originaltext: Miba Aktiengesellschaft
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:

Mag. Eva Almhofer-Amering

Corporate Communications

Tel.: +43/7613/2541-1117

mailto: eva.almhofer@miba.com

Investoren/Analysten

Mag. Hannes Moser

Vice President Corporate Finance

Tel.: +43/7613/2541-1138

mailto:hannes.moser@miba.com

Branche: Industrial Components
ISIN: AT0000734835
WKN: 872002
Index: Standard Market Auction
Börsen: Wien / official market