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Ascom divests Facility Management Services unit to German RGM Group
Ascom divests the Facility Management Services unit to RGM Facility Management Schweiz AG, a subsidiary of the German company RGM Holding GmbH. The Facility Management Services unit is a part of the Division Security Communication.
RGM Facility Management Schweiz AG domiciled in Berne, will acquire as of 31 December 2011 all rights and obligations pertaining to the Facility Management Services unit from Ascom (Switzerland) AG. All 39 employees will be taken over and will transfer to RGM Facility Management Schweiz AG. The purchase price amounts to CHF 3.85 million.
RGM Holding GmbH, with registered office in Dortmund, is among the leading German providers of facility management services and has a workforce of around 1400 employees.
"With this transaction, Ascom has found a sound solution for the Facility Management Services unit. The transfer of this business to a leading specialist in facility management is in the interests of both our customers and our employees," underlines Fritz Mumenthaler, CEO of Ascom.
Ascom is an international solution provider with comprehensive technological know-how in Mission-Critical Wireless Communication. The company focuses on the areas of Wireless Solutions (high-value, customer-specific on-site communications solutions) and Network Testing (a global market leader in optimization solutions for mobile networks). The company is headquartered in Switzerland, has subsidiaries in 20 countries and a workforce of some 2,300 employees worldwide. Ascom registered shares (symbol ASCN) are listed on the SIX Swiss Exchange in Zurich (Switzerland).
This document does not constitute an offer or solicitation to subscribe for, purchase or sell any securities. This document is not being issued in the United States of America or the United Kingdom and should not be distributed in any jurisdiction in a manner where such distribution would not comply with regulatory requirements. In particular, this document may not be distributed into the United States, to United States persons or to publications with a general circulation in the United States. In addition, the securities of Ascom have not been and will not be registered in any jurisdiction outside Switzerland. The securities of Ascom may not be offered, sold or delivered and no solicitation to purchase such securities may be made within the United States or to U.S. persons absent an applicable exemption from the registration requirements of the United States securities laws or within any other jurisdiction and in a manner where such offer, sale, delivery or solicitation might not be in compliance with regulatory requirements (including the United Kingdom).