|
|
Article: Background Information on Decora Industries' Acquisition of Konrad Hornschuch AG.
- Article from:
- Business Wire
- Article date:
- October 1, 1997
CopyrightCOPYRIGHT 1997 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
FORT EDWARD, N.Y.--(BUSINESS WIRE)--Oct. 1, 1997--In a press release issued earlier today, Decora Industries, Inc. (NASDAQ:DECO) ("Decora") announced the acquisition of Konrad Hornschuch AG ("Hornschuch") in Germany, a Frankfurt Stock Exchange listed company and one of the world's leaders in the surface covering market. Decora has acquired 73.2 percent of the shares of Hornschuch which is the first step in a planned merger of the two companies. The following is background information on both companies, their markets and the transaction.
OVERVIEW
Decora Industries, Inc. (Nasdaq: DECO) is the manufacturer of Con-Tact(R) paper and other branded ...