The Haartz Corp. Acquires Rode & Schwalenberg GmbH of Germany

Apr 26, 2001, 01:00 ET from The Haartz Corp. from ,Rode & Schwalenberg GmbH

    ACTON, Mass., April 26 /PRNewswire/ -- To further strengthen The Haartz
 Corp.'s position as the leading supplier of automotive convertible topping
 worldwide, the company announced today that it has acquired Rode &
 Schwalenberg GmbH of Mannheim, Germany, including Rode & Schwalenberg Inc. of
 Dover, N.H.  The announcement was made by William T. Kendrick, president of
 Haartz.  Terms were not disclosed.
     Rode & Schwalenberg will become a wholly owned subsidiary of Haartz.  The
 newly combined organization will significantly expand manufacturing
 capabilities, technical expertise and distribution networks.
     Kendrick said there will be no changes in the management group at Rode &
 Schwalenberg.  Rudiger Ernst of Rode & Schwalenberg will remain as managing
 director and report to Kendrick.
     "We are extremely excited about this new organization and the benefits it
 will offer the industry," said John M. Capron, Haartz vice president of sales
 and marketing - exteriors.  "By combining our resources and complementary
 product lines, we can provide our customers with new innovations and world-
 class technologies."
     "With facilities in the United States and Europe, Rode & Schwalenberg and
 Haartz together can better serve the growing global automotive industry,"
 Ernst said.  "Our customers worldwide will benefit from our local service,
 local engineering and local manufacturing."
     The merged companies plan to follow a dual brand and operation strategy,
 continuing with leading trademarks such as the Sonnenland(R) and Twillfast(R)
 convertible topping brands.
     Rode & Schwalenberg GmbH -- a leading manufacturer of convertible hood
 material -- is in its 105th year of operation.  The company's manufacturing,
 engineering and sales facilities are located in Mannheim, Germany.
     The Haartz Corp. -- a leading manufacturer of engineered-coated materials
 for the U.S. and European markets -- has its corporate and manufacturing
 headquarters, and a research and development center in Acton, Mass., as well
 as sales offices around the world.
     The company supplies sport-utility vehicle and convertible topping fabrics
 and moldable automotive interior-trim materials worldwide.  One of the top 100
 global automotive interior suppliers, Haartz has served the auto industry
 since 1907.  For more information, visit www.haartz.com
 
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SOURCE The Haartz Corp.; Rode & Schwalenberg GmbH
    ACTON, Mass., April 26 /PRNewswire/ -- To further strengthen The Haartz
 Corp.'s position as the leading supplier of automotive convertible topping
 worldwide, the company announced today that it has acquired Rode &
 Schwalenberg GmbH of Mannheim, Germany, including Rode & Schwalenberg Inc. of
 Dover, N.H.  The announcement was made by William T. Kendrick, president of
 Haartz.  Terms were not disclosed.
     Rode & Schwalenberg will become a wholly owned subsidiary of Haartz.  The
 newly combined organization will significantly expand manufacturing
 capabilities, technical expertise and distribution networks.
     Kendrick said there will be no changes in the management group at Rode &
 Schwalenberg.  Rudiger Ernst of Rode & Schwalenberg will remain as managing
 director and report to Kendrick.
     "We are extremely excited about this new organization and the benefits it
 will offer the industry," said John M. Capron, Haartz vice president of sales
 and marketing - exteriors.  "By combining our resources and complementary
 product lines, we can provide our customers with new innovations and world-
 class technologies."
     "With facilities in the United States and Europe, Rode & Schwalenberg and
 Haartz together can better serve the growing global automotive industry,"
 Ernst said.  "Our customers worldwide will benefit from our local service,
 local engineering and local manufacturing."
     The merged companies plan to follow a dual brand and operation strategy,
 continuing with leading trademarks such as the Sonnenland(R) and Twillfast(R)
 convertible topping brands.
     Rode & Schwalenberg GmbH -- a leading manufacturer of convertible hood
 material -- is in its 105th year of operation.  The company's manufacturing,
 engineering and sales facilities are located in Mannheim, Germany.
     The Haartz Corp. -- a leading manufacturer of engineered-coated materials
 for the U.S. and European markets -- has its corporate and manufacturing
 headquarters, and a research and development center in Acton, Mass., as well
 as sales offices around the world.
     The company supplies sport-utility vehicle and convertible topping fabrics
 and moldable automotive interior-trim materials worldwide.  One of the top 100
 global automotive interior suppliers, Haartz has served the auto industry
 since 1907.  For more information, visit www.haartz.com
 
                     MAKE YOUR OPINION COUNT -  Click Here
                http://tbutton.prnewswire.com/prn/11690X96240164
 
 SOURCE  The Haartz Corp.; Rode & Schwalenberg GmbH