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Koninklijke Philips N.V.

Koninklijke Philips N.V.

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Publicatie datum 24 feb 2006 - 08:39
Statutaire naam Koninklijke Philips N.V.
Titel Philips to sell Contract Manufacturing Services France SAS (CMS) to Groupe Attel
Bericht February 24, 2006 PHILIPS TO SELL CONTRACT MANUFACTURING SERVICES FRANCE SAS (CMS) TO GROUPE ATTEL Amsterdam, The Netherlands and Paris, France – Royal Philips Electronics (NYSE:PHG, AEX:PHI) and Groupe Attel, a manufacturer of high-frequency wireless telecommunications applications, today announced the completion of the sale of Philips-owned Contract Manufacturing Services France SAS (CMS) to Groupe Attel of France. Financial details of this transaction were not disclosed. The deal closed in January 2006. CMS is a manufacturer of high-frequency niche telecommunications applications, and is part of Philips Corporate Investments, which is within Philips’ Other Activities business segment. CMS employs approximately 80 people in Louviers, France, who will transfer to Groupe Attel. Groupe Attel makes up part of Group Mazarin – a Paris-based telecoms holding company. For further information, please contact: Royal Philips Electronics Jayson Otke Philips Corporate Communications Tel: +31 20 59 77215 Email: jayson.otke@philips.com Isabelle Lescalle Groupe Attel Corporate Communication Tel: +33 1 41 30 83 99 Email: isabelle.lescalle@attel.fr About Royal Philips Electronics Royal Philips Electronics of the Netherlands (NYSE: PHG, AEX: PHI) is one of the world's biggest electronics companies and Europe's largest, with sales of EUR 30.4 billion in 2005. With activities in the three interlocking domains of healthcare, lifestyle and technology and 159,200 employees in more than 60 countries, it has market leadership positions in medical diagnostic imaging and patient monitoring, color television sets, electric shavers, lighting and silicon system solutions. News from Philips is located at www.philips.com/newscenter. About Groupe Attel Groupe ATTEL, French group based in Paris, proposes offers and services in the manufacturing and the management of high value added products in technologies such as RF (WiFi, Bluetooth, RFID), wireless, GPS, GPRS, biometrie, TVHD. Wit