Czech Republic : Merger of LANEX & SINGING ROCK to be completed in June

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Merger of LANEX & SINGING ROCK to be completed in June

27
May '09

On the 1st June 2009, the project of merger of companies LANEX a.s., SINGING ROCK s.r.o. and BWA Czech a.s. will be officially completed by its incorporation into the Commercial Register.

The merger of the aforementioned companies has been prepared and realized in connection with the change of ownership structure of LANEX and SINGING ROCK after the takeover of both companies by the private equity fund ARX Equity Partners at the end of September 2008. The successor company will continue bearing the name (trading company) of LANEX a.s., identification number 28223209, registered office at Bolatice, Hlucínská 1/96.

SINGING ROCK will act within the organizational structure of LANEX a.s. as a strategic business unit, which means it will maintain and further develop its business and marketing activities in the market of personal protective equipment and outdoor products under this brand.

The merger of the aforementioned companies and the utilization of synergies will increase the aggregate potential of LANEX a.s. and its possibilities of further expansion within the global market environment.

LANEX a.s.