Kardex AG: Kardex streamlines holding organisation

Kardex AG  / Key word(s): Miscellaneous

30.04.2013 06:45

Release of an ad hoc announcement pursuant to Art. 53 KR
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Media Information

Zurich, 30 April 2013

Kardex streamlines holding organisation

Kardex AG, holding company of the Kardex Group, further streamlines its
management organisation in light of the planned sale of the Kardex Stow
Division. The Board of Directors has decided to annul the Group CFO
position without filling it again. Therefore, the current CFO and Member of
the Executive Committee, Gerhard Mahrle, will leave the company as of
mid-May 2013. The Board of Directors and the Executive Committee would like
to thank Gerhard Mahrle for his great commitment for the benefit of the
Kardex Group and wishes him all the best for his professional and personal
future.

Thomas Reist, Head of Group Controlling, will be responsible for the
finance department of Kardex Holding in his new function as Head of Finance
and Controlling of Kardex AG as of 1 May 2013. In this function he will
directly report to the Executive Director, Felix Thöni.


Contact for media and
investors:
Edwin van der Geest
Investor Relations
investor-
relations@kardex.com
Tel. +41 79 330 55 22

www.kardex.com

Calendar of events:
22 August 2013              2013 Half-year-closing, Publication Interim
                            Report 2013
13 March 2014               2013 Year-end-closing, Publication Annual
                            Report 2013
                            2014 Media and analysts' conference
24 April 2014               2014 Annual General Meeting




Kardex Group - Corporate Profile

The Kardex Group is a leading supplier of static and automated storage
solutions and materials handling systems. It consists of the three
corporate divisions Kardex Remstar, Kardex Stow and Kardex Mlog. Kardex
Remstar develops, produces and maintains shuttles and dynamic storage and
retrieval systems, Kardex Stow static storage systems, pallet shuttles and
automated mobile shelving systems and Kardex Mlog integrated materials
handling systems and automated high-bay warehouses. All divisions are
partners for their customers over the entire lifecycle of a product or
solution. This starts with an assessment of customer requirements and
continues via the planning, realization and implementation of
customer-specific systems through to ensuring a high level of availability
and low lifecycle costs by means of customer-oriented lifecycle management.
More than 2 000 employees in over 30 countries worldwide work for the
companies of the Kardex Group.

Disclaimer

This communication contains statements that constitute 'forward-looking
statements'. In this communication, such forward-looking statements
include, without limitation, statements relating to our financial
condition, results of operations and business and certain of our strategic
plans and objectives. Because these forward-looking statements are subject
to risks and uncertainties, actual future results may differ materially
from those expressed in or implied by the statements. Many of these risks
and uncertainties relate to factors which are beyond Kardex's ability to
control or estimate precisely, such as future market conditions, currency
fluctuations, the behavior of other market participants, the actions of
governmental regulators and other risk factors detailed in Kardex's past
and future filings and reports and in past and future filings, press
releases, reports and other information posted on Kardex Group companies'
websites. Readers are cautioned not to put undue reliance on
forward-looking statements, which speak only of the date of this
communication. Kardex disclaims any intention or obligation to update and
revise any forward-looking statements, whether as a result of new
information, future events or otherwise.


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Language:               English
Company:                Kardex AG
                        Thurgauerstrasse 40
                        8050 Zürich
                        Switzerland
Phone:                  +41 (0)44 419 44 79
Fax:                    
E-mail:                 investor-relations@kardex.com
Internet:               www.kardex.com
ISIN:                   CH0100837282
Swiss Security Number:  A0RMWK
Listed:                 Freiverkehr in Berlin, München, Stuttgart;
                        Frankfurt in Open Market ; SIX
 
End of Announcement                             EquityStory News-Service
 
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