Jagenberg AG Is New Kusters ShareholderOn and with effect from 1st August 2005, Jagenberg AG,
Krefeld, acquired 100 percent of shares in the equally Krefeld-based Eduard Kusters Maschinenfabrik
GmbHandCo. KG including all its subsidiaries. The search for a new, strong partner for the future
positive development of the Kusters Group has therefore been completed successfully and according
to plan. Due to a lot of common ground between the companies, both in their corporate philosophy
and in the areas of products and services, the now enlarged group of companies will be able to
provide new impetus for growth.Common ground can be found in particular with Jagenbergs associated
company Kampf GmbHandCo.KG Maschinenfabrik, based in Wiehl-Muhlen. Both Kusters and Kampf occupy
leading positions in theconstruction of machines and plants for producing and finishing sheet
material. While Kampfconcentrates mainly on plastic and aluminium foils, Kusters targets the
textile, nonwoven and paperindustries. There will be further advantages in mutual utilisation of
all the sales and productionlocations of both companies.In Jagenberg AG and its majority
shareholder Kleinewefers Beteiligungs-GmbH (Krefeld) Kusters hasfound an ideal partner which, as a
medium-sized entrepreneur, understands our company tradition and is prepared to invest in further
expansion of our leading market position, says CEO Dr Erich W. Broker, looking into the future
positively. The former shareholders the Kusters family couldnt agree more. They have let it be
known that they believe the Krefeld solution to be an extraordinarily good combination of
traditional entrepreneurial values and clear commitment to further growth.By acquiring Kusters,
Jagenberg took a substantial step towards realising their strategy of leading acompatible group of
medium-sized companies for process machine and plant building. Their capabilities in todays highly
competitive markets, particularly the important Asian ones, are thereby decisively strengthened and
optimised. Stefan K. Kranzbuhler, Chairman of Jagenberg AG, is more convinced than ever that this
is the only way of protecting valuable jobs in Germany, i.e. of earning back their high costs in
the markets of the world.The acquisition of the Kusters Group is a decisive element for achieving a
globally stable size in this very demanding field of work as well as a good balance between
pronounced risks and adequate opportunities.
Press Release Courtesy Of Kusters
August 2005
