GERMANY/SWITZERLAND – Paine-backed Stabilus acquires LinRot

LinRot Holding AG is based in Zurich and has operational activities in Melle, Lower Saxony, in Germany. This acqusition follows the acquisition of the swivel chair gas spring division of Suspa in May, which is still subject to cartel authorities approval, and represents the second add-on to have been completed by Stabilus since it was acquired by Paine & Partners in May 2008.

Stabilus GmbH develops, produces and distributes gas springs, hydraulic vibration dampers, continuously adjustable doorstays and automatic opening and closing systems for doors, trunk lids and tailgates. The company, which is headquartered in Koblenz, operates globally and has a workforce of approximately 3,300 employees, of which 1,600 are based in Germany. Stabilus’ customers include leading carmakers and industrial enterprises, such as manufacturers of agricultural machinery, household appliances and office furniture. Stabilus’ sales revenues for the twelve months ended December 31, 2007 were approximately EUR 400m.

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