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FULL TAKEOVER OFFER by BAYWA AKTIENGESELLSCHAFT to  Form

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yes we have launched this um takeover bit this morning to create a leading motion technology company and this motion technology company will have four focused Pure Play divisions as we call this one of them is e-mobility and on the emobility side as you said it's obvious that the two companies fit very well together they have complimentary Technologies complimentary strengths and together we will form a division that will clearly be the market leader in automotive supply for emobility uh technology but on top of this we we will um combine the companies in a way that three other divisions will be formed one is the classical conventional powert Trin with our growing chassis business the second will be an aftermarket division where we combine the shff activities plus cesco activities also a big step forward and then last but not least we're going to put together our industrial division that is predominantly bearings but also industrial Solutions with our Automotive bearing

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