Thursday, May 12, 2011


FACT FILE
Ruia Group
Signs a binding agreement to buy
Meteor Gummiwerke K.H. Bädje GmbH & Co. KG, Germany,
A Germany based sealing system company with 3 plants in Germany, 2 in Czech Republic and 1 in USA






1
Company
Meteor Group





2
Head Quarter
Bokenhem, Germany





3
Plants
Year of Establishment
Production Area
Full-time employees

1954
59,101
1,650

2002
5,042
250

1987
6,420
100

1997
3,000
180

2006
4,500
90

1998
13,752
175


Total
91,815
2445




                          





4
Products
Automotive
Non Automotive



5
Major Clients
•BMW, DAIMLER,  MAGNA,  AUDI, ROLLS ROYCE, FIAT, RENAULT, OPEL, PORSCHE Etc.





6
Revenue
Approx. Euro 222 million in 2010





7
EBITDA
Approx. Euro 7 million






8
Price of acquisition
Unrevealed







9
Seller
Exisiting shareholders through a Trustee









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