M4N MUEHLHAN AG

DGAP-News: Muehlhan AG: Muehlhan focuses its business activities on growth areas

DGAP-News: Muehlhan AG / Key word(s): Strategic Company Decision/Disposal
Muehlhan AG: Muehlhan focuses its business activities on growth areas

27.01.2021 / 12:17
The issuer is solely responsible for the content of this announcement.


PRESS RELEASE

Muehlhan focuses its business activities on growth areas

- Sale of Oil & Gas business segment initiated


Hamburg, January 27, 2021-As part of a strategic review of its business segments, the Muehlhan Group (Muehlhan AG; Open Market; ISIN DE000A0KD0F7) is planning to sell its oil and gas activities. In the future, the company will focus exclusively on business segments in which the Group holds a market-leading position. This includes the offshore wind power segment, which is experiencing dynamic growth, the vessel market and the infrastructure business. Muehlhan will use the resources freed up by the sale to further expand its market position in these areas.

In the Oil & Gas segment, Muehlhan mainly operates in the North Sea. Chairman of the Executive Board, Stefan Müller-Arends: "The oil and gas market has been undergoing a process of consolidation for some time. We are not big enough to continue being able to play an active role in this market." This is why this is a logical move for Muehlhan.

The company is initiating the sales process with immediate effect. Interested parties can directly contact the mandated adviser Pareto Securities AS, Frankfurt Branch, ( 02).

About Muehlhan: Worldwide, Muehlhan Group is a reliable partner in industrial services. As one of the few full-service providers, we offer our customers a broad spectrum of industrial services with professional industrial quality standards. Our customers benefit from our exceptional organizational skills, on-time delivery, the technical expertise that differentiates us from our competitors, and our more than 135 years of experience. We have an established market presence in the four business segments in which we operate: Ship, Renewables, Oil & Gas and Industry/Infrastructure. Muehlhan AG is a listed company and is traded on the Open Market under ISIN DE000A0KD0F7.

You can find additional information at

Contact: Muehlhan AG; phone: -0; e-mail:



27.01.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at


Language: English
Company: Muehlhan AG
Schlinckstrasse 3
21107 Hamburg
Germany
Phone:
Fax: 0
E-mail:
Internet:
ISIN: DE000A0KD0F7
WKN: A0KD0F
Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Basic Board), Hamburg, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1163699

 
End of News DGAP News Service

1163699  27.01.2021 

fncls.ssp?fn=show_t_gif&application_id=1163699&application_name=news&site_id=research_pool
EN
27/01/2021

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on MUEHLHAN AG

 PRESS RELEASE

EQS-News: Muehlhan AG withdraws from the stock exchange on 27 December...

EQS-News: Muehlhan AG / Key word(s): Delisting Muehlhan AG withdraws from the stock exchange on 27 December 2023 19.12.2023 / 14:46 CET/CEST The issuer is solely responsible for the content of this announcement. PRESS RELEASE   Muehlhan AG withdraws from the stock exchange on 27 December 2023   Hamburg, 19 December 2023—Muehlhan AG has terminated its inclusion in the Basic Board of the Frankfurt Stock Exchange. Last day of trading will be 27 December 2023. After the withdrawal from the stock exchange, the shares will only be tradable to a very limited extent. Shareh...

 PRESS RELEASE

EQS-News: Muehlhan AG zieht sich am 27. Dezember 2023 von der Börse zu...

EQS-News: Muehlhan AG / Schlagwort(e): Delisting Muehlhan AG zieht sich am 27. Dezember 2023 von der Börse zurück 19.12.2023 / 14:46 CET/CEST Für den Inhalt der Mitteilung ist der Emittent / Herausgeber verantwortlich. PRESSEMITTEILUNG   Muehlhan AG zieht sich am 27. Dezember 2023 von der Börse zurück   Hamburg, den 19. Dezember 2023 – Die Muehlhan AG hat die Einbeziehung in das Basic Board der Frankfurter Wertpapierbörse gekündigt. Letzter Handelstag wird der 27. Dezember 2023 sein. Nach dem Rückzug von der Börse werden die Aktien nur noch sehr eingeschränkt handelb...

 PRESS RELEASE

EQS-News: Muehlhan AG: Muehlhan AG veröffentlicht Neunmonatszahlen 202...

EQS-News: Muehlhan AG / Schlagwort(e): 9-Monatszahlen Muehlhan AG: Muehlhan AG veröffentlicht Neunmonatszahlen 2023 27.10.2023 / 08:54 CET/CEST Für den Inhalt der Mitteilung ist der Emittent / Herausgeber verantwortlich. PRESSEMITEILUNG   Muehlhan AG veröffentlicht Neunmonatszahlen 2023 Entwicklung deutlich hinter den Erwartungen Umsatz beträgt € 8,7 Mio., EBIT liegt bei € -3,1 Mio. Rückzug von der Börse („Delisting“) angekündigt Hamburg, den 27. Oktober 2023 – Die Muehlhan AG (Open Market; ISIN DE000A0KD0F7; WKN A0KD0F) hat von Januar bis September 2023 Umsatzerlös...

 PRESS RELEASE

EQS-News: Muehlhan AG: Muehlhan AG publishes results for first nine mo...

EQS-News: Muehlhan AG / Key word(s): 9 Month figures Muehlhan AG: Muehlhan AG publishes results for first nine months of 2023 27.10.2023 / 08:54 CET/CEST The issuer is solely responsible for the content of this announcement. PRESS RELEASE   Muehlhan AG publishes results for first nine months of 2023 Performance considerably behind expectations Revenues of €8.7 million, EBIT of €-3.1 million Withdrawal from stock market (delisting) announce Hamburg, October 27, 2023—From January through September 2023, Muehlhan AG (Open Market; ISIN DE000A0KD0F7; WKN A0KD0F) generate...

 PRESS RELEASE

EQS-News: Muehlhan AG: Aktienrückkaufprogramm der Muehlhan AG endet am...

EQS-News: Muehlhan AG / Schlagwort(e): Aktienrückkauf Muehlhan AG: Aktienrückkaufprogramm der Muehlhan AG endet am 6. September 2023 30.08.2023 / 09:05 CET/CEST Für den Inhalt der Mitteilung ist der Emittent / Herausgeber verantwortlich. PRESSEMITEILUNG   Aktienrückkaufprogramm der Muehlhan AG endet am 6. September 2023   Hamburg, den 30. August 2023 – Das am 28. Juni 2023 begonnene Aktienrückkaufprogramm der Muehlhan AG (Open Market; ISIN DE000A0KD0F7; WKN A0KD0F) endet am 6. September 2023 (24:00 Uhr mitteleuropäische Sommerzeit). Nur bis zu diesem Zeitpunkt haben ...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch