Recent Developments

ENEXCO TEKNOLOGIES INDIA LIMITED - MEMBER OF THE BEUMER GROUP

BEUMER GROUP is an independent family owned enterprise founded in Germany in 1935. The BEUMER Group is an international leader in the manufacture of intralogistics for conveying, loading, palletizing, packaging, sortation and distribution technology.

Together with its production facilities in European & Asian subsidiaries, sales agencies and with the signing of the SPA with ENEXCO Teknologies, BEUMER Group now employees more than 3000 people world-wide, with annual turnover of approx. 450m EURO

The Company ranks among one of the world's largest business houses in the field of Cement, Baggage Handling Systems, Packing & Palletizing Solutions.

The SPA was signed between BEUMER Group & ENEXCO Teknologies on 20th September 2011, ENEXCO Teknologies India Limited becomes a member of the BEUMER Group World-Wide. www.beumer.com

BEUMER & ENEXCO will significantly benefit with the combined synergies & will enhance the presence of the BEUMER GROUP in India & ENEXCO World-Wide.

LONG TERM STRATEGY:
	The investment in ENEXCO is a major step forward in the long term strategy of developing both Companies across the globe. The combination of ENEXCO & BEUMER will strengthen the groups capabilities & provide comprehensive complete solutions and support to both companies customers world-wide. ENEXCO, being part of the BEUMER Group would deliver even greater value to its existing & future customers by enhancing its global reach, product offerings and operational efficiencies. ENEXCO Teknologies India Limited has cemented its position as an innovative & reliable quality supplier in the Cement Industry.