Reifenhäuser becomes sole shareholder of Reimotec

06/30/2010

TROISDORF, GERMANY (June 25, 11:45 a.m. ET) -- Reifenhäuser GmbH & Co. KG, already the majority shareholder of Reimotec GmbH, on July 1 will acquire the remainder of the company.

Troisdorf-based Reifenhäuser will acquire the shares from the Morton-Finger family. The same applies for the motech GmbH company. Both motech and Reimotec are based in Abtsteinach, Germany.

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