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| Sulzer Chemtech |
| Acquisition of Kühni Completed (30/04/2009, Media Release) |
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The Sulzer acquisition of Kühni Ltd, announced in March 2009, will become effective as of April 30, 2009.
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| Corporation |
| Order Intake of CHF 839 Million (16/04/2009, Media Release) |
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In the first quarter of 2009, Sulzer received orders for CHF 839.3 million. This was an adjusted1 decrease of 22.2% (nominal decline 26.0%) compared with the very strong first quarter of the previous year. As projected, market demand was clearly below last year’s level and negative currency translation effects continued. For the coming months, Sulzer expects order intake to remain clearly below the high level of 2008.
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| Corporation |
| Ulf Berg Not Re-Elected — Luciano Respini new Chairman of the Board (08/04/2009, Media Release) |
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At today’s annual general meeting of Sulzer Ltd, the shareholders did not approve the proposal of the board of directors to re-elect the chairman of the board Ulf Berg. Daniel J. Sauter, Vladimir V. Kuznetsov and Urs A. Meyer were re-elected as members of the board for a three-year term. The dividend of CHF 2.80 per share will be paid out on April 15, 2009. After the shareholder meeting, the seven members of the Sulzer board elected Luciano Respini as the new chairman.
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| Corporation |
| Federal Department of Finance Opened Criminal Administrative Proceedings Regarding the Stake Building in Sulzer (07/04/2009, Media Release) |
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The Swiss Federal Department of Finance (FDF) has opened criminal administrative proceedings against Ronny Pecik, Georg Stumpf and Viktor Vekselberg on suspicion of violation of their disclosure obligations under the law governing stock exchange transactions while building a stake in Sulzer Ltd from November 2006 to April 2007.
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| Corporation |
| Stockholding Notification of Fidelity (06/04/2009, Media Release) |
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In compliance with the Swiss Federal Act on Stock Exchanges and Securities Trading and the associated ordinances, Fidelity International notified Sulzer Ltd about the changed group holding of Fidelity Management Research LLC.
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| Corporation |
| Renova Group Increased its Shareholding in Sulzer Ltd to 31.2% (30/03/2009, Media Release) |
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The Renova Group informed Sulzer Ltd that it has increased its shareholding from 27.1% up to 31.2%. The combined shareholding of Renova and Sulzer, which are considered to be a group for the purpose of disclosure of shareholdings, is 34.4%.
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| Corporation, Sulzer Chemtech |
| Sulzer Chemtech to Strengthen Process Technology Business (27/03/2009, Media Release) |
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Sulzer has signed an agreement for the acquisition of the privately owned Kühni Ltd, Allschwil, Switzerland, a specialist for thermal separation processes. Kühni achieved sales of CHF 37 million in 2008 and employs over 80 people.
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| Corporation |
| Record Performance in Order Intake, Sales, Operating Income and Cash Flow in 2008 (26/02/2009, Media Release) |
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Sulzer achieved an excellent performance in 2008 with increases in order intake, sales, operating income and cash flow. The operational improvements more than offset the significant negative currency translation effects. Return on sales and return on capital employed reached new record levels. The board of directors is proposing an unchanged dividend of CHF 2.80 per share. Sulzer is well positioned with a strong balance sheet, adequate liquidity and a healthy order backlog to meet the challenges of 2009. The company expects order intake, sales and operating income to be below 2008 levels.
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| Corporation |
| Sulzer Board of Directors Proposes Four Members for Re-election to the Annual General Meeting—Renova Does not Support Re-election of Ulf Berg and Daniel J. Sauter (16/02/2009, Media Release) |
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The board of directors of Sulzer proposes Ulf Berg, Daniel J. Sauter, Vladimir V. Kuznetsov and Urs Andreas Meyer for re-election as members of the board at the forthcoming annual general meeting of Sulzer on April 8, 2009 for a three-year term of office.
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| Corporation, Sulzer Chemtech |
| Acquisition of TowerTech Completed (05/02/2009, Media Release) |
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In January, Sulzer has completed the acquisition of the TowerTech companies based in Australia, Thailand and Singapore, which was first announced in December 2008. The purchase price amounts to AUD 11 million (CHF 8 million).
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