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20:03 | 29.10.2008
DJ DGAP-Adhoc: Krones sued by American financial services provider KRONES AG:
DJ DGAP-Adhoc: Krones sued by American financial services provider KRONES AG:
Krones AG / Legal Matter
29.10.2008
Release of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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We have today learned that the US company of the Krones Group, Messrs.
Krones Inc. in Franklin/WI (USA), and Krones AG, Neutraubling , Germany,
including their executive bodies, are to be sued by the American leasing
company CIT Group/Equipment Financing Inc., which is demanding compensation
for loss or damage allegedly incurred.
The Executive Board of Krones AG regards this lawsuit, already registered
with a US court, as groundless, and sees no evidence for any responsibility
on the part of Krones companies. Krones will fight this unjustified lawsuit
with all the means at its disposal.
The suit must be seen in the context of the major financial scandal
concerning the American company Le-Nature's. During the period 2005/2006,
Krones had produced, delivered and successfully commissioned bottling lines
worth a total of approximately US$ 100 million for Le-Nature's facility in
Phoenix/AZ (USA).
Your contact person:
Hermann Count of Castell-Rüdenhausen
Head of Corporate Communications
Tel.: +49 9401 70-3258
Mobile: +49 170 6305916
Email: Hermann.Castell-Ruedenhausen@krones.com
Contact:
Hermann Graf zu Castell-Rüdenhausen
Leiter Corporate Communications
Tel.: +49 9401 70-3258
Mobil: +49 170 6305916
E-Mail: Hermann.Castell-Ruedenhausen@krones.com
29.10.2008 Financial News transmitted by DGAP
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Language: English
Issuer: Krones AG
Böhmerwaldstraße 5
93073 Neutraubling
Deutschland
Phone: +49 (0)9401 703258
Fax: +49 (0)9401 703786
E-mail: investor-relations@krones.com
Internet: www.krones.com
ISIN: DE0006335003
WKN: 633500
Indices: MDAX
Listed: Regulierter Markt in Frankfurt (Prime Standard), München;
Freiverkehr in Berlin, Düsseldorf, Hamburg, Stuttgart
End of News DGAP News-Service
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(END) Dow Jones Newswires October 29, 2008 15:03 ET (19:03 GMT) |
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