The technotrans Group is an international technology and service company that concentrates on customer-specific applications in the field of liquid technology. It comprises technotrans AG and 14 subsidiaries in which technotrans AG directly has an interest, as well as five companies in which it holds an interest indirectly. The parent company technotrans AG, with its registered office in Sassenberg (Westphalia), directly or indirectly has a majority interest in all subsidiaries. The structure is designed so that all companies can make a contribution towards strengthening the worldwide market position of the group. With 21 locations, numerous joint undertakings and 828 employees (December 31, 2015), the technotrans Group enjoys a presence in all major markets worldwide. The group’s activities comprise on the one hand the production plants and on the other hand the sales and service companies. The production plants specialise in business segments and product lines. The technotrans sales and service companies are responsible for direct sales and service of our products. As a supplementary measure our Key Accounting supports major international customers. The technotrans Group does not have financial holdings. The ownership structure within the group is presented in the Notes, under “Consolidated Companies” and “Shareholdings”.
The following disclosures satisfy the requirements pursuant to Section 289 (4) of the German Commercial Code (HGB) and Section 315 (4) of the German Commercial Code.