Gelsenkirchen, 10 July 2009. Masterflex AG has now received approval from all the banks involved to prolong the terms of its loans to 30 June 2010.
Thanks to this key measure to safeguard its liquidity, Masterflex AG can now again focus more strongly on continuing the Group's restructuring. In line with the corporate strategy, this will centre on expanding the profitable High-Tech Hose Systems business area together with a viable and long-term reorganisation of the Group's finances.