Start of production at the new
plant in Blatná, Czech Republic.

Acquisition of majority stake in
FRZ-Metallwarenfabrik GmbH,
Zuzenhausen (near Heidelberg).

Acquisition of 34,6% stake in
French company Birambeau,
acquistion of remaining
shares in FRZ GmbH.

Acquisition of the
Meusch Group, Linz/Germany.