On 14 January 2011, the Siegfried Group (SIX: SFZN) signed a cooperation agreement for its plant in Zofingen with EBM Industriecontracting AG, a subsidiary of the EBM Group, Münchenstein. In terms of the agreement, which becomes effective retroactively as of 1 January 2011, EBM is responsible for all matters concerning supply and waste disposal at Siegfried’s Zofingen location. EBM paid CHF 11.5 million for the acquisition of the corre- sponding buildings and equipment, and the company will take on the eight members of staff working in the unit.
Siegfried CEO Rudolf Hanko: “As a result of our cooperation with EBM, Siegfried and its customers will benefit from a professional service at lower cost. The step represents a fur- ther contribution toward Siegfried’s continued striving to reach higher competitiveness.”
For further information:
Peter Gehler, Chief Communication Officer Phone +41 (0)62 746 11 44, Fax +41 (0)62 746 11 03, Mobile +41 (0)79 416 41 16 peter.gehler@siegfried.ch
Siegfried Holding AG Untere Brühlstrasse 4 CH-4800 Zofingen Tel. +41 (0)62 746 11 11 Fax +41 (0)62 746 11 03
www.siegfried.ch
About Siegfried
Active in Life Science markets, the Siegfried Group is a global manufacturer of pharmaceutical products with production facilities located in Switzerland, Malta and the USA. At the end of 2009, Siegfried employed ap- proximately 850 employees and achieved annual sales of roughly CHF 283 million.
Siegfried is active in both the primary and secondary production of drugs. The company develops and manufac- tures active pharmaceutical ingredients for the research-based pharmaceutical industry as well as the corre- sponding intermediate steps and standard products, and provides development and production services for drugs in finished dosage forms.
Siegfried Holding AG is listed on the Swiss Exchange in Zurich (SIX: SFZN).
About EBM
Economically, Socially and Ecologically Sustainable. EBM has been operating internationally as a privately or- ganised cooperative in the energy sector since 1897. Our spheres of operation include «Electricity and Network Supply», «Heating», «Telecommunications and IT» as well as «Renewable Energies and Electrical Installa- tions». Today EBM provides electricity to around 220000 people in northwest Switzerland and Alsace. In addi- tion to our core focus, electricity, EBM is the market leader in decentralized heating supply throughout Switzer- land as well as in southern Germany and Alsace.
