Press release // Nuremberg / Frankfurt on the Main // 14. Dezember 2010

Leoni and euromicron step up collaboration in the Fiber-to-the-Home growth market

Leoni sells a subsidiary in Austria and one in the Netherlands to euromicron holding GmbH

Leoni, the leading provider of cables and cable systems to the automotive sector and other industries, and euromicron AG, the leading provider of all-in solutions for network infrastructures, will be working together more closely in the future. Rooted in an already successfully established customer-supplier relationship, the two companies will deepen their partnership further in the market for fiber optic-based network infrastructures. As part of this move, Leoni last Friday sold the two subsidiaries, Leoni NBG Fiber Optics GmbH based in Gmünd, Austria and Leoni WCS Benelux B.V. in Amersfoort, Netherlands, to euromicron.

euromicron AG is listed in Deutsche Börse’s Prime Standard and is a provider of all-in solutions for communication, data and security networks. The company will, with this strategically motivated takeover of these two businesses, expand its development and production know-how in the field of glass fiber-based passive components, further enhance its expertise in the Fibre-to-the-Home (FTTH) solutions market and strengthen its presence in Austria and Benelux. FTTH describes the most advanced development level of wireline broadband internet connections with a glass fiber link all the way through to the consumer’s home.

As an all-in solution provider, NBG Fiber Optics GmbH – to be known in the future as euromicron NBG – covers a broad spectrum of passive system components such as glass fiber cable, empty conduit systems as well as connection technology and provides planning, engineering, project management as well as installation services in the FTTH segment, primarily so in the German-speaking region. Leoni WCS Benelux B.V. operates as a sales and distribution company in the Benelux countries. The two companies employ a total of about 60 people.

Leoni and euromicron regard the deal as the start of greater collaboration in the FTTH business and expect this closer linking of their skills and market access to strengthen their combined market position. The companies see opportunities for joint endeavour in other segments as well.

About the Leoni group

Leoni is a global supplier of wires, optical fibers, cables and cable systems as well as related services for the automotive sector and further industries. Leoni develops and produces technically sophisticated products from single-core automotive cables through to complete wiring systems. Leoni’s product range also comprises wires and strands, standardised cables, special cables and cable system assemblies for various industrial markets. The group of companies, which is listed on the German MDAX, employs around 53,000 people in 37 countries and generated consolidated sales of EUR 2.16 billion in 2009.

About the euromicron group

euromicron (www.euromicron.com) is an all-round solution provider for communications, data and security networks. Its network infrastructures integrate voice, video and data transport wirelessly, via copper cable and by means of fiber-optic technologies. euromicron builds its leading applications, such as e-health, security, control or surveillance systems, on the basis of these network infrastructures. Founded on its expertise as a developer and producer of fiber-optic components, euromicron AG is a strongly growing, profitable group that is listed on the stock market, has a medium-sized character and focuses on operational growth, integration and further market penetration, internationalization and expansion.

Sven Schmidt
Corporate Public & Media Relations
Leoni AG
Phone: +49 (0)911-2023-467
Telefax: +49 (0)911-2023-231
E-Mail: presse@leoni.com

 

Ulrike Hauser
Investor / Public Relations
euromicron AG
Phone: +49 (0)69-631583-0
Telefax: +49 (0)69-631583-17
E-Mail: IR-PR@euromicron.de

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