AUMUND announces that their former Marketing Agreement with B&W has resulted in the acquisition of B&W Mechanical Handling Ltd. of Ely, Cambridgeshire.

After almost 12 months of a successful cooperation between AUMUND and B&W, the takeover is a natural extension of the former strategic alliance and forms a solid platform for developing AUMUND’s industry orientated concept. AUMUND and B&W have significant complementary strengths. B&W Mechanical Handling Ltd. enjoy a high reputation on the international market for their bulk loading equipment. Their mobile loading station, shiploader and Samson Feeder are an ideal addition to the product range of the AUMUND Group already offering a choice of solutions for a large variety of applications in bulk materials handling and storage.

The acquisition is an exciting venture for both companies. With highly motivated teams on both sides to develop and market the Group’s extended equipment portfolio, it will prove to be a winning combination.
To the Group’s worldwide customers it offers a single source of industry-leading products, supported by the worldwide service network with offices in Germany, France, Poland, Switzerland, the U.K., Brazil, India, China and the USA.

With this acquisition The AUMUND Group further consolidates its position in the bulk materials handling market and has clearly set a course to become one of the top players in all major industries.

1st July 2002

Ms. Annette Boll
AUMUND Holding B.V.
Spoorstraat 42-52
5911 KJ Venlo - The Netherlands

Tel. + 31 - 77 - 320 01 11
Fax + 31 - 77 - 320 07 28
boll@aumund-holding.nl