Mergers & Acquisitions

Schleuniger Pharmatron, Inc. - Manchester, NH

Original Press Release

Schleuniger Acquires Leading Software Supplier

Press release date: February 1, 2017

Effective as of the beginning of the year, Schleuniger is the sole owner of DiIT AG, headquartered in Munich, Germany. Schleuniger already held a minority interest in DiIT AG, the world’s leading producer of software systems for wire processing and wiring harness production, prior to taking full ownership. As of January 1, 2017 the previous majority stakeholder and company founder, Dr. Gerhard Schaub, sold all of his shares to Schleuniger and left the company at his own request. His position as the company’s president was taken over by Bernd Jost, who has been a member of the Management Board since January 1, 2016.

DiIT will continue to operate as an independent company within the Schleuniger Group. All DiIT customers will continue to benefit from current and future software versions that have highly efficient interfaces for machines from all major manufacturers. Schleuniger customers, in turn, enjoy the advantage of being able to easily access comprehensive software solutions from the leading and most experienced software manufacturer in the wire processing industry. DiIT is a globally active supplier of integrated software systems for wire processing and wiring harness production. Based on electronic drawings, the company’s solutions are capable of controlling and optimizing the entire production chain from the cutting area right through to shipping, including generating all necessary production data. DiIT is the worldwide market leader in this sector – almost all the major manufacturers of wiring harnesses for the automotive industry rely on the company’s systems.

“After the acquisition by Schleuniger, we will ensure that the design of our systems remains open and we will continue to offer interfaces for machines from all popular manufacturers. Thus, our well-established partnerships with other machine manufacturers will remain unchanged,” Bernd Jost emphasizes. He is confident that Schleuniger’s worldwide presence will help his company to achieve very fast international growth and enable customers to be supported locally around the globe. "The acquisition of DiIT creates a winning situation for all stakeholders, both the companies and their customers," says Schleuniger CEO, Christoph Schüpbach.

More information can be found at www.schleuniger-na.com. Should you have any questions, please e-mail sales@schleuniger.com or call (603) 668-8117.

About Schleuniger

The Schleuniger Group in Thun is a globally active technology company and a leading supplier to the wire processing industry. Most of the Schleuniger Group's customers are active as suppliers for the automotive, entertainment, and information industries as well as for the communications sector. Schleuniger’s products are used whenever precise contact connections play a role. The company has development and production locations in Switzerland, Germany, and China. Thanks to its four sales and service companies, in the US, Germany, China and Japan, and 40 distributors worldwide, Schleuniger is always in close proximity to its customers.

The Schleuniger Group represents the wire processing business segment of the publicly listed Metall Zug Group and has approximately 640 employees and 30 apprentices worldwide.

Schleuniger, Inc.

87 Colin Drive,

Manchester, NH 03103 USA

Phone: (603) 668-8117

Fax: (603) 668-8119

www.schleuniger-na.com

marketing@schleuniger.com

Contact:

April Grossman

Marketing Coordinator,

email: aprilgrossman@schleuniger.com