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Ulrich and Klaus Reifenhäuser

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Reifenhäuser-Group

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07/01/2006
Press-Information
Reifenhäuser adopts new corporate structure

The decision made in 2004 has successfully been put into practice

When in 2004 the Reifenhäuser family decided to transform its group of companies into a holding company structure, this decision was mainly aimed at providing the historically grown business areas with the entrepreneurial flexibiltiy required to cope with the different developments of the specific market and competition conditions.

With this step, the course was set for an optimal positioning of the tradition-rich family-owned company in the globalized marketplaces. It will allow our customers to benefit more strongly than ever before from direct dialogue, market-oriented research and development and from our comprehensive RQS quality service.

The transformation and adaptation processes performed in various steps have almost been finished by now.

In mid-2005 already, the activities of the former GS / synthetic fibre (spunbond) business area were transferred to Reifenhäuser REICOFIL GmbH & Co. KG.

Starting on July 1, 2006, the activities of all film divisions will be pooled in the newly established Reifenhäuser EXTRUSION GmbH & Co. KG. It will include the former blown film, thermoforming sheet, chillroll / laminating and component product areas as well as customer service and central production.

The traditional leading role taken by Reifenhäuser Maschinenfabrik already within the group of companies will now be institutionalized. Reifenhäuser GmbH & Co. KG Maschinenfabrik, headed by Klaus and Ulrich Reifenhäuser, will take over the strategic governance and alignment of the complete group of companies. In addition to Reifenhäuser EXTRUSION, it includes Reifenhäuser REICOFIL, Reiloy, Reimotec, Polyrema and Reifenhäuser Machinery China, all of them existing as individual companies under the roof of Reifenhäuser Maschinenfabrik.

It is the object of the newly adopted structure to optimally support the development of the individual companies and to use synergies existing within the group. For this purpose, central service functions, for example, will be made available to the group members within the holding company. The group members in turn will have the freedom and flexibility they need to put growth-driven strategies into practice in their markets and to maintain their position in the struggle for market shares in the long run.

'The Extrusioneers' will consequently follow the path originally taken and are optimistically looking ahead to the challenges of the future.

For more information please contact:

Ulrich Reifenhäuser
Executive Director
Phone: +49 (0) 2241/481-259
Email: info@reifenhauser.com

Wolfgang H. Högemann
Head of PR and Advertising Department
Phone: +49 (0) 2241/481-768
Email: wolfgang.hoegemann@reifenhauser.com

Publication free of charge
Please send author¿s copies to our PR and Advertising Department, care of Otto Kuhl, 14.06.2006
Words: 361, Characters: 2073
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Your contact person
Your contact person
Wolfgang H. Högemann
Public Relations
+49 (0)2241 23510-768
wolfgang.hoegemann@
reifenhauser-group.com

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