Siegfried signed outsourcing agreement with EBM

Top Quote On 14 January 2011, the Siegfried Group (SIX: SFZN) signed a cooperation agreement for its plant in Zofingen with EBM Industriecontracting AG, a subsidiary of the EBM Group, Münchenstein. End Quote
  • (1888PressRelease) January 19, 2011 - In terms of the agreement, which becomes effective retroactively as of 1 January 2011, EBM is responsible for all matters concerning supply and waste disposal at Siegfried’s Zofingen location. EBM paid CHF 11.5 million for the acquisition of the corresponding buildings and equipment, and the company will take on the eight members of staff working in the unit.

    Siegfried CEO Rudolf Hanko: “As a result of our cooperation with EBM, Siegfried and its customers will benefit from a professional service at lower cost. The step represents a further contribution toward Siegfried’s continued striving to reach higher competitiveness.”

    For further information:
    Peter Gehler, Chief Communication Officer
    Phone +41 (0)62 746 11 44,
    Fax +41 (0)62 746 11 03,
    Mobile +41 (0)79 416 41 16
    peter.gehler ( @ ) siegfried dot ch">peter.gehler ( @ ) siegfried dot ch

    Siegfried Holding AG
    Untere Brühlstrasse 4
    CH-4800 Zofingen
    Tel. +41 (0)62 746 11 11
    Fax +41 (0)62 746 11 03
    www.siegfried.ch

    About Siegfried
    Active in Life Science markets, the Siegfried Group is a global manufacturer of pharmaceutical products with production facilities located in Switzerland, Malta and the USA. At the end of 2009, Siegfried employed pproximately 850 employees and achieved annual sales of roughly CHF 283 million. Siegfried is active in both the primary and secondary production of drugs. The company develops and manufactures active pharmaceutical ingredients for the research-based pharmaceutical industry as well as the corresponding intermediate steps and standard products, and provides development and production services for drugs in finished dosage forms.

    Siegfried Holding AG is listed on the Swiss Exchange in Zurich (SIX: SFZN).

    About EBM
    Economically, Socially and Ecologically Sustainable. EBM has been operating internationally as a privately organised cooperative in the energy sector since 1897. Our spheres of operation include «Electricity and network Supply», «Heating», «Telecommunications and IT» as well as «Renewable Energies and Electrical Installations

    ». Today EBM provides electricity to around 220000 people in northwest Switzerland and Alsace. In addition to our core focus, electricity, EBM is the market leader in decentralized heating supply throughout Switzerland as well as in southern Germany and Alsace.

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