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III. Significant Events After the Reporting Date
Acquisition of the Hydroforming Activities of Schmolz + Bickenbach
Salzgitter AG has acquired the hydroforming activities of Schmolz + Bickenbach, which enables it to
significantly expand its business with this innovative shaping technology, which has recently reported
high growth.
The acquisition of the cutting-edge production facilities and its highly motivated workforce
strengthens our business activities in this sector. The approximately 40 employees generated an annual
revenue of over € 10 million.
Salzgitter Hydroforming GmbH and the new entity will together produce over 4.5 million construction
components this year. These components are used for exhaust gas and heat technology
applications, in automotive manufacturing, among other things, and they play a key role in the construction
of lighter-weight chassis and bodywork, thereby reducing both consumption and emissions.
The operations were transferred to Salzgitter on January 1, 2008, antitrust authorities having already
issued their approval of the transaction.