MIRA INFORM REPORT

 

 

Report Date :           

08.11.2011

 

IDENTIFICATION DETAILS

 

Name :

OMYA INTERNATIONAL AG

 

 

Registered Office :

Baslerstrasse 42, P.O. Box 335, 4665 Oftringen

 

 

Country :

Switzerland

 

 

Financials (as on) :

31.12.2010

 

 

Date of Incorporation :

11.12.2003

 

 

Com. Reg. No.:

400.3.024.945-8 / 730372

 

 

Legal Form :

Company limited by shares

 

 

Line of Business :

Export, Import and sales of products of all kinds for the Group on international markets

 

RATING & COMMENTS

 

MIRA’s Rating :

Ba

 

RATING

STATUS

PROPOSED CREDIT LINE

41-55

Ba

Overall operation is considered normal. Capable to meet normal commitments.

Satisfactory

 

Maximum Credit Limit :

CHF 2'000'000

Status :

Satisfactory

Payment Behaviour :

No Complaints

Litigation :

Clear

 

NOTES :

Any query related to this report can be made on e-mail : infodept@mirainform.com while quoting report number, name and date.

 

ECGC Country Risk Classification List – September 30th, 2011

 

Country Name

Previous Rating

                   (30.06.2011)                  

Current Rating

(30.09.2011)

Switzerland

a1

a1

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 

Company name

 

Omya International AG

 

 

Operating address

 

Baslerstrasse 42

P.O. Box 335

4665 Oftringen

Switzerland/CH

Telephone:                    062 7892929

Fax:                             062 7892077

Web site:                      http://www.omya.ch

E-mail:                         info@omya.ch

VAT-No.:                      CHE110344967

 

 

Profile

 

Established:                  1884

History:                           1884:    Established from Gottfried Plüss

Line of Business:           Consumer goods wholesale

Industry Division:           Wholesale trade

Industry-code (NACE):     4675     Wholesale of chemical products

Import/Export:               Export

Quality certification:       ISO 9001

Banks:                         unknown

 

 

Operational Figures

 

Coverage:                     Company

Figures:                        estimated

Employees:                  80-149

 

 

Activity

 

The business activities are the export, import and sales of products of all kinds for the Group on international markets.

 

Real Estate

 

Information on property ownership was not available.

 

 

Company Register

 

Company No:                400.3.024.945-8 / 730372

Legal form:                    Company limited by shares

Registration:                 11.12.2003

Legal status:                 active

Responsible Register:    Handelsregister des Kantons Aargau

Auditor:                        PricewaterhouseCoopers AG, Zürich

History:                        Date of Statutes: 15.06.2009

                                    Date of Statutes: 10.12.2003

                                    Date of Incorporation Statutes: 09.12.2003

 

Entry            Deleted   Name

11.12.2003                    Omya International AG

11.12.2003                    Omya International Ltd (Name translated)

11.12.2003                    Omya International SA (Name translated)

 

Entry            Deleted   Legal domicile

11.12.2003                    Oftringen, Switzerland

 

Entry            Deleted   Address

11.12.2003                    Baslerstrasse 42, 4665 Oftringen/AG, Switzerland/CH

 

Entry            Deleted   Capital

11.12.2003                    Share Capital CHF 250'000, paidup CHF 250'000

 

Entry            Deleted   Capital Structure

11.12.2003                    250 Registered shares of CHF 1'000.--

 

Entry            Deleted   Activity (original Language)

30.06.2009                    Import, Export und Vertrieb von Produkten aller Art, insbesondere von Produkten der Omya Gruppe auf dem internationalen Markt, Planung, Entwicklung, Erwerb, Herstellung, Lagern und Verkauf von sowie Handel mit Produktionsanlagen, Anlageteilen, Ersatzteilen, Betriebsmitteln und Rohstoffen, insbesondere für die Mineralstoffindustrie auf dem internationalen Markt; die Gesellschaft kann sich an anderen Unternehmen beteiligen sowie Grundeigentum erwerben, halten und veräussern.

11.12.2003    30.06.2009  Import, Export und Vertrieb von Produkten aller Art, insbesondere von Produkten der Omya Gruppe auf dem internationalen Markt; kann sich an anderen Unternehmen beteiligen, Zweigniederlassungen errichten sowie Grundeigentum erwerben, halten und veräussern.

 

Entry            Deleted   Remarks (original Language)

30.06.2009                    Merger: Übernahme der Aktiven und Passiven der Calcarb AG, in Zug (CH-170.3.028.405-7), gemäss Fusionsvertrag vom 22.06.2009 und Bilanz per 31.12.2008. Aktiven von CHF 43'975'540.00 und Passiven (Fremdkapital) von CHF 29'628'071.00 gehen auf die übernehmende Gesellschaft über. Da dieselben Aktionäre sämtliche Aktien der an der Fusion beteiligten Gesellschaften halten, findet weder eine Kapitalerhöhung noch eine Aktienzuteilung statt.

30.06.2009                    Reports: Mitteilungen an die Aktionäre erfolgen durch Brief oder - soweit gesetzlich zulässig - elektronisch an die im Aktienbuch verzeichneten Adressen.

28.04.2006                    Merger: Übernahme der Aktiven und Passiven der Omyaviation AG, in Oftringen (CH-020.3.919.159-2), gemäss Fusionsvertrag vom 20/25.04.2006 und Bilanz per 31.12.2005. Aktiven von CHF 2'629'096.-- und Passiven (Fremdkapital) von CHF 2'530'974.-- gehen auf die übernehmende Gesellschaft über. Da die übernehmende Gesellschaft sämtliche Aktien der übertragenden Gesellschaft hält, findet weder eine Kapitalerhöhung noch eine Aktienzuteilung statt.

11.12.2003                    Publishing authority: SHAB.

11.12.2003                    Shares: Die Übertragbarkeit der Namenaktien ist nach Massgabe der Statuten beschränkt. 

                                    30.06.2009         Reports: Die Mitteilungen an die Aktionäre erfolgen brieflich. 

 

 

Official Administration

 

Title                                           Name

President                                    Axel Wappler, Origin: Hünenberg, Switzerland, Address: 6343 Buonas /ZG, Switzerland, joint signature of two

Vice-President                            Max André Schachenmann, Address: Singapur, Singapore, single signature

Vice-President                            Eric Schachmann, Address: Zug/ZG, Switzerland, single signature

Executive Director                       Dr. Roland Waibel, Address: Therwil, Switzerland, joint signature of two

 

 

Management

 

Title                                           Name

Member with signing authority      Peter Ringgenberg, Address: Nebikon, Switzerland, joint signature of two

Member with signing authority      Karin Wyss, Origin: Landiswil, Switzerland, Address: Hägendorf, Switzerland, joint signature of two, Appointment: 27.05.2011

Member with signing authority      Martin Studer, Address: 4665 Oftringen/AG, Switzerland, joint signature of two

Member with signing authority      Dr. Bernhard Studer, Address: Egerkingen, Switzerland, joint signature of two

Member with signing authority      Peter Bigler, Address: Aeschi/SO, Switzerland, joint signature of two

Member with signing authority      Dr. Peter Hess, Origin: Germany, Address: Stansstad, Switzerland, joint signature of two

Member with signing authority      Hans Ekhard Beuleke, Origin: Germany, Address: Sempach, Switzerland, joint signature of two

Member with signing authority      Martin Zimmerli, Address: Dulliken, Switzerland, joint signature of two

Member with signing authority      Kurt Hirsiger, Address: Rothrist, Switzerland, joint signature of two

Member with signing authority      Candide Villiger, Origin: Cham, Switzerland, Address: 5040 Schöftland/AG, Switzerland, joint signature of two, Appointment: 11.02.2009

Member with signing authority      Walter Portmann, Address: Ormalingen, Switzerland, joint signature of two

Member with signing authority      Michael Both, Address: Zürich/ZH, Switzerland, joint signature of two

Member with signing authority      Dr. Thoralf Gliese, Origin: Germany, Address: Buchrain, Switzerland, joint signature of two

Member with signing authority      Holger Kurt Lanz, Origin: Germany, Address: Thalwil, Switzerland, joint signature of two

Member with signing authority      Othmar Niklaus Haag, Address: Zollikerberg, Switzerland, joint signature of two

Member with signing authority      Bernd Balzereit, Origin: Germany, Address: Sempach, Switzerland, joint signature of two

Member with signing authority      Dr. Robert Werner Lang, Address: Endingen/AG, Switzerland, joint signature of two

Member with signing authority      Ulf Erik Mikael Kratz, Origin: Sweden, Address: Cham, Switzerland, joint signature of two

Member with signing authority      Eva Catillon, Origin: Elgg, Switzerland, Address: 4104 Oberwil/BL, Switzerland, joint signature of two, Appointment: 28.05.2009

Member with signing authority      Andreas Lüthi, Address: Oensingen, Switzerland, joint signature of two

 

 

Executive board

 

Title                                           Name

Chief Executive Officer                 Axel Wappler

 

 

Financial Data Omya Group

 

Consolidation:               consolidated

Industry:                       Trade/Industry

 

Fiscal year end:                                     31.12.2010        31.12.2009        31.12.2008        31.12.2007        31.12.2006

Number of months:                                       12                    12                    12                    12                    12

Currency:                                                mil. CHF           mil. CHF           mil. CHF           mil. CHF           mil. CHF

 

Operating revenue                                          4'200.0              4'100.0             4'028.0              3'800.0             3'700.0

Capital                                                            200.0                200.0                200.0                200.0                200.0

 

Employees  at year end                                    6'000                6'000                6'000                6'000                6'500

Employees inland                                               350                   350                  350                   350                  330

Employees abroad                                            5'650                5'650                5'650                5'650                6'170

 

 

Ultimate Parent Company

 

Name:                          Omya AG

City/Country:                 Oftringen, Switzerland/CH

 

Owner/-s

 

No. of Owner/-s:            1

Owner:                         The company is domestic owned.

 

Class:                          100%

Name:                          Omya AG

City/Country:                 Oftringen, Switzerland/CH

Interest:                        100.00% voting right, 100.00% capital interest (since 2003)

 

 

Investments

 

It is believed that the company has no investments.

 

 

Legal Actions

 

Control date       Year                       No.             Amount CHF     Status

27.10.2009          2009                           0

27.10.2009          2008                           0

27.10.2009          2007                           0

27.10.2009          2006                           0

27.10.2009          2005                           0

 

An updated legal action check is only available against proof of interest. e.g. a copy of an enquiry letter, and order or invoice relating to the subject company.

 

 

Credit Information

 

Financial Statements:    The company does not disclose any financial statements. Third parties are not permitted any insight into the financial affairs. It is therefore difficult to make a proper assessment of the actual situation.

 

Financial Situation:        The financial situation is considered to be good.

 

Payment experiences:   Financial obligations are met as appropriate.

 

Maximum Credit:           CHF 2'000'000

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.49.08

UK Pound

1

Rs.78.65

Euro

1

Rs.67.79

 

 

RATING EXPLANATIONS

 

RATING

STATUS

 

 

PROPOSED CREDIT LINE

>86

Aaa

Possesses an extremely sound financial base with the strongest capability for timely payment of interest and principal sums

 

Unlimited

71-85

Aa

Possesses adequate working capital. No caution needed for credit transaction. It has above average (strong) capability for payment of interest and principal sums

 

Large

56-70

A

Financial & operational base are regarded healthy. General unfavourable factors will not cause fatal effect. Satisfactory capability for payment of interest and principal sums

 

Fairly Large

41-55

Ba

Overall operation is considered normal. Capable to meet normal commitments.

 

Satisfactory

26-40

B

Capability to overcome financial difficulties seems comparatively below average.

 

Small

11-25

Ca

Adverse factors are apparent. Repayment of interest and principal sums in default or expected to be in default upon maturity

 

Limited with full security

<10

C

Absolute credit risk exists. Caution needed to be exercised

 

 

Credit not recommended

----

NB

New Business

----

 

This score serves as a reference to assess SC’s credit risk and to set the amount of credit to be extended. It is calculated from a composite of weighted scores obtained from each of the major sections of this report. The assessed factors and their relative weights (as indicated through %) are as follows:

 

Financial condition (40%)            Ownership background (20%)                 Payment record (10%)

Credit history (10%)                    Market trend (10%)                                Operational size (10%)

 

 

 

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.