MS Industrie AG: MS Ultraschall Technologie GmbH establishes a new competence center for continuous ultrasonic welding in Ettlingen

München (pta023/22.03.2021/12:00 UTC+1) München, March 22nd, 2021

Corporate News

MS Industrie AG - MS Ultraschall Technologie GmbH establishes a new competence center for continuous ultrasonic welding in Ettlingen

Munich, March 22nd, 2021. The Board of Management of MS Industrie AG (WKN 585518; ISIN DE0005855183) informs about a new business initiative in its ultrasonic technology segment:

The subsidiary MS Ultraschall Technologie GmbH is establishing a new competence center in Ettlingen, a location in the Karlsruhe district. From the 4th quarter of 2021, the rented new space of around 1,800 sqm will house a team for research and development in connection with the continuous joining, embossing and perforating of fleece fabric as well as the sealing of packaging material.

The existing product range, consisting of ultrasonic special machines, ultrasonic series machines as well as systems and components for the packaging industry, is thus extended to include the area of systems and components for the processing of so-called "nonwovens". These fleece fabrics are used, for example, in the manufacture of respiratory masks, protective suits, wound pads and all kinds of hygienic items.

This expansion of the application portfolio and the entry into new market segments will underpin the sustainable growth of MS Ultraschall Technologie GmbH in the future.

Background:

MS Industrie AG, headquartered in Munich, is the listed parent company of a focused industrial group with the business areas powertrain technology ("Powertrain Technology Group": systems and components for heavy-duty combustion engines and customized electric motors) and ultrasonic technology ("Ultrasonic Technology Group": special machines, standard machines and ultrasonic systems and components). Key customer industries include the global commercial vehicle and passenger car industry, followed by the packaging machine industry and general mechanical and plant engineering. The Group presently generates sales of around Eur 185 million with over 680 employees at five production sites, two of them in Germany and one each in the USA, Brazil and China.

Further Information:

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Emitter:	MS Industrie AG Brienner Straße 7 80333 München Germany
Contact Person:	Investor Relations
Phone:	+49 89 20 500 900
E-Mail:	info@ms-industrie.ag
Website:	www.ms-industrie.ag
ISIN(s):	DE0005855183 (Share)
Stock Exchange(s):	Regulated Market in Frankfurt; Free Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate