POLYTEC Holding AG
Notice
The data below are a snapshot taken at the time of the initial public offering and are not
updated regularly. For current information on a company, please go to
Investors/Listed companies.
| ISIN: | AT0000A00XX9 | |
| Symbol: | PYT | |
| Trading segment: | Official Market | |
| Market segment: | prime market | |
| First day of trading: | April 28, 2006 | |
| Offered shares: | 11,616.056 common shares and up to 1,742.407 common shares (Greenshoe) | |
| Category: | par value bearer shares | |
| Number of shares (before IPO): | 19,329,585 shares | |
| Share capital (before IPO): | EUR 19,329,585.00 | |
| Offering period: | scheduled from April 19, 2006 until April 26, 2006 | |
| Price fixing: | The offering price is scheduled to be fixed and announced on April 27, 2006. | |
| Price range: | between EUR 6,75 and EUR 8,75 | |
| Offer price: | EUR 7.75 | |
| Issuing volume (excl. Greenshoe): | EUR 90,024,434.00 | |
| Issuing volume (incl. Greenshoe): | not exercised | |
| Managers: | Bank Austria Creditanstalt, Lehman Brothers, Sal. Oppenheim, Raiffeisenlandesbank Oberösterreich | |
| Management Board: | Friedrich Huemer
Reinhard Urmann Alfred Kollros Karl-Heinz Solly |
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| Supervisory Board: | Yves Dudli
Gerhard Wildmoser Robert Büchelhofer Fred Duswald Viktoria Kickinger Andreas Szigmund |
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| Shareholder structure (before IPO): |
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| Address: | Linzer Straße 50
4063 Hörsching Tel.: + 43-7221–701-0 |
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| Internet: | www.polytec.at/ | |
| Company profile: |
The POLYTEC GROUP has a global presence with 20 production centres. A workforce of around 3,700 is active in four business units (divisions):
Customers such as BMW, VW, AUDI, GM, FORD and DAIMLER CHRYSLER have long relied upon the competence and innovative strength of this Upper Austrian company. In 1986, Friedrich Huemer founded the POLYTEC ELASTOFORM company in Marchtrenk for the development and production of top quality moulded plastic parts using casting and centrifugal processes and spray coatings. Today, the original part of the company, which forms the Industrial Division accounts for around 2.7% of total Group sales. In the mid-1990s, the POLYTEC GROUP started to focus on the automotive industry through the expansion of the Car Styling Division. In teamwork with automotive manufacturers, this division develops and produces plastic and metal components for both vehicle interiors and exteriors, largely using original accessory parts. With the production of exterior trim, functional and structural components for trucks and cars, the Automotive Composites Division is able to cover a major area in the automotive manufacturing sector. During the past five years, POLYTEC continually expanded its Automotive Systems Division which focuses on the development and production of door trim, engine compartment, interior and trunk parts. With its broad technological base, the company has managed the leap needed to become a development and systems supplier. Huemer sees the company’s decisive advantage over other automotive sub suppliers as being, “Our major strengths in the preparation of the entire process chain, starting with the concept, engineering, development, the production of prototypes and tools, and extending right up to pre- and series production, including logistics and just-in-sequence delivery.” Within the past five years, the POLYTEC GROUP has achieved a roughly six-fold increase in its sales from approx. EUR 80 million in 2000 to some EUR 500 million in 2005. The IPO should now provide the impetus for further Group expansion. |
