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Press release 3/2009

Market leading US-company for gas turbine equipment becomes member of the Clyde Bergemann Power Group   Acquisition of Bachmann Industries Inc. enables market entry into gas-fired large-scale boilers   Wesel/Germany, April 2009 Bachmann Industries Inc. develops and supplies high performance SCR and FGD bypass systems as well as gas turbine exhaust systems and components such as dampers, diverters, expansion joints. The market scope comprises power generation, petrochemical and industrial applications. Bachmann Industries is headquartered in Auburn, Maine/USA and does currently have 60 employees. Fred Koch will continue to lead the company under the new name Clyde Bergemann Bachmann (CBBA). The businesses will be integrated into the Clyde Bergemann Power Group Americas, the US-arm of the Clyde Bergemann Power Group.  With CBBA, not only the business field “Air-Gas Handling” comes into being, it is also the entry of the Clyde Bergemann Power Group into the market of gas-fired plants. “This acquisition extends both, our portfolio of products and markets and therewith perfectly supports our growth strategy. We know Bachmann Industries since years from jointly carried out projects, mainly in Asia,” amends Franz Bartels, President & CEO of the Clyde Bergemann Power Group.