Udo Binder, CEO, AWEBA stated, "The previously separate activities of Schuler and AWEBA in the field of die construction complement each other perfectly. There is hardly any overlap. Schuler's global market standing gives us the platform to present ourselves to customers as a global system supplier within a strong group."

AWEBA currently supplies clients in the automotive and electrical industries, as well as machine and plant manufacturers. Schuler signed the purchase agreement with the previous owners of the company (private and institutional investors) on April 13, subject to approval of the relevant anti-trust authorities.

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