HPI AG: Hoechst Procurement Intl. acquires the majority of MRL Mannesmannröhren Logistic GmbH shares

 • A new B2B industrial warehouse for Europe is created by concentrating the E-procurement expertise of HPI and MRL• Access to consumer materials for manufacturing and administration production facilities per mouse click• One-stop shopping for manufacturing companies who want to streamline their C-parts disposition• As a result HPI AG Hoechst Procurement Intl. Group increases its sales target for 2011 by 40 percent to 70 million EUR Munich, 5 April 2011: The procurement and process service provider HPI AG Hoechst Procurement Intl. (ISIN: A0JCY3) listed on the Frankfurt stock exchange for over-the-counter trading acquires 50.1 percent of the shares of the Mannesmannröhren Logistic GmbH. The purchase price was financed by HPI AG Hoechst Procurement Intl. through a mixture of outside capital and earn-out. Stock will not be sold as part of the purchase. The parties have agreed not to disclose the purchase price.The new full-range supplier for E-procurement outsourcing can assume the entire procurement process for manufacturing companies – from the analysis and maintenance of procurement data to every step of supply chain management including supplier selection, price negotiations, order management, warehousing, shipping, transport, return management, and the management of accounts receivable.Well-known companies are already consigning Mannesmannröhren-Logistik with the supply of all of their C-parts. The specialist for the procurement of industrial supplies in the B and C parts segment provides electronic purchasing platforms with over 250,000 items from 200 product groups. 20.000 items are continuously available in the modern logistics center in Ratingen near Düsseldorf.The MRL Mannesmannröhren Logistic GmbH achieved sales of approx. 22 million EUR and an operating profit (EBIT) of approx. 900 T EUR in 2010.