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Report Date : |
30.04.2012 |
IDENTIFICATION DETAILS
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Name : |
BENNINGER AG |
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Registered Office : |
Fabrikstrasse, 9240 Uzwil |
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Country : |
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Date of Incorporation : |
02.09.1997 |
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Com. Reg. No.: |
320.3.043.185-3 / 408376 |
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Legal Form : |
Company limited by shares |
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Line of Business : |
manufacture and |
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No. of Employees : |
300 |
RATING & COMMENTS
|
MIRA’s Rating : |
Ba |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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Status : |
Satisfactory |
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Payment Behaviour : |
Regular |
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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 – March 31st, 2012
|
Country Name |
Previous Rating (31.12.2011) |
Current Rating (31.03.2012) |
|
Switzerland |
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
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Moderate |
B1 |
|
High |
B2 |
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Very High |
C1 |
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Restricted |
C2 |
|
Off-credit |
D |
Benninger AG
Fabrikstrasse
9240 Uzwil
Switzerland/CH
Telephone: 071
9558585
Fax: 071
9558747
Web site: http://www.benninger.ch
E-mail: info@benningergroup.com
VAT-No.: CHE102334085
Established: 1859
History: 1859: Established from Henrich + Jakob Benninger
Line of Business: Industrial goods wholesale
Industry Division: Wholesale trade
Industry-code (NACE): 4664 Wholesale of
machinery for the textile industry and of sewing and knitting machines
Import/Export: Export
Export
sales: 98.0%
Quality
certification: ISO 9001:2000
Banks: UBS Ltd
CS Credit
Suisse
SGKB St.
Galler Kantonalbank
Bayerische
Vereinsbank
Coverage: Company
Figures: estimated
Employees: 300
Sales: CHF
200-400 Mio
The business activities
includes the manufacture and sale of weaving and textile machinery, and
industrial electronics.
Information on property
ownership was not available.
Company No: 320.3.043.185-3
/ 408376
Legal form: Company
limited by shares
Registration: 02.09.1997
Legal status: active
Responsible Register: Handelsregister des Kantons St. Gallen
History: Date
of Statutes: 20.06.2006
Date
of Incorporation Statutes: 29.08.1997
Entry Deleted Name
10.07.2006 Benninger
SA (Name translated)
10.07.2006 Benninger
Ltd (Name translated)
02.09.1997 Benninger
AG
26.10.2001 10.07.2006 Benninger Co.Ltd. (Name translated)
26.10.2001 10.07.2006 Benninger S.A. (Name translated)
Entry Deleted Legal domicile
02.09.1997 Uzwil,
Switzerland
Entry Deleted Address
02.09.1997 Fabrikstrasse,
9240 Uzwil/SG, Switzerland/CH
Entry Deleted Capital
02.09.1997 Share
Capital CHF 3'000'000, paidup CHF 3'000'000
Entry Deleted Capital Structure
02.09.1997 30'000
Registered shares of CHF 100.--
Entry Deleted Activity (original Language)
10.07.2006 Betrieb
einer Maschinenfabrik und allgemeiner Maschinenbau, insbesondere Entwicklung,
Fabrikation und Vertrieb von und Handel mit Maschinen zur Herstellung und
Veredelung von Textilien sowie Beratung im Bereich der Textilindustrie. Die
Gesellschaft kann im In- und Ausland Zweigniederlassungen und Betriebsstätten
errichten, sich an andern Unternehmen im In- und Ausland beteiligen,
Vertretungen übernehmen, Finanzierungen für eigene oder fremde Rechnung
vornehmen sowie Sicherheiten, wie namentlich Garantien, Bürgschaften und
Pfandrechte, für verbundene Unternehmen und Dritte einräumen sowie Grundstücke
erwerben, verwalten und veräussern.
02.09.1997 10.07.2006 Betrieb einer Maschinenfabrik, allgemeiner
Maschinenbau, insbesondere Entwicklung, Fabrikation und Vertrieb von und Handel
mit Maschinen zur Herstellung und Veredelung von Textilien; die Gesellschaft
kann Zweigniederlassungen oder Betriebsstätten im In- und Ausland errichten,
sich an anderen Firmen und Institutionen beteiligen, Finanzdienstleistungen
erbringen sowie Grundstücke und Immaterialgüterrechte erwerben, verwalten und
veräussern.
Entry Deleted Remarks (original Language)
10.07.2006 Reports:
Die Mitteilungen an die Aktionäre erfolgen brieflich, oder nach Ermessen des
Verwaltungsrates durch eingeschriebenen Brief.
19.04.2006 Merger:
Übernahme der Aktiven und Passiven der Benninger Textile Systems AG, in Uzwil
(CH-320.3.043.141-9) gemäss Fusionsvertrag vom 13.04.2006 und Bilanz per 31.12.2005.
Aktiven von CHF 17'861'618.11 und Fremdkapital von CHF 13'574'804.55 gehen auf
die übernehmende Gesellschaft über. Es findet keine Kapitalerhöhung statt, da
die Aktionäre der übertragenden Gesellschaft die anlässlich der Fusion
erworbenen eigenen Aktien der übernehmenden Gesellschaft erhalten.
19.04.2006 Merger:
Übernahme der Aktiven und Passiven der Benninger Holding AG, in Uzwil
(CH-320.3.025.965-7) gemäss Fusionsvertrag vom 13.04.2006 und Bilanz per
31.12.2005. Aktiven von CHF 5'582'566.24 und Fremdkapital von CHF 0.-- gehen
auf die übernehmende Gesellschaft über. Es findet keine Kapitalerhöhung statt,
da die Aktionäre der übertragenden Gesellschaft die anlässlich der Fusion
erworbenen eigenen Aktien der übernehmenden Gesellschaft erhalten.
26.10.2001 Note:
Die Übersetzungen der Firma wurden bei der Gründung im Jahre 1997 versehentlich
nicht eingetragen.
13.11.1997 Contribution
in kind/Asset takeover: Die Gesellschaft übernimmt bei der Gründung einen Teil
der Aktiven und Passiven der Benninger Textile Systems AG, in Uzwil, nämlich
den Geschäftsbereich "Textilmaschinen", gemäss Sacheinlagebilanz per
31.12.1996, wonach die übernommenen Aktiven CHF 65'544'000.-- und die
übernommenen Passiven CHF 57'544'000.-- betragen, wofür 30'000 Namenaktien zu CHF
100.-- ausgegeben und CHF 5'000'000.-- in den Reserven gutgeschrieben werden.
02.09.1997 Publishing
authority: SHAB.
Title Name
President Peter
Schifferle, Origin: Döttingen, Switzerland, Address: Hard bei Weinfelden, Switzerland,
joint signature of two, Registered since: 10.07.2006
Vice-President Rolf
Friedli, Origin: Ursenbach, Switzerland, Address: Herrliberg, Switzerland,
joint signature of two, Registered since: 01.03.2006
Executive Director Daniel Hirschi, Origin: Rüschegg, Switzerland,
Address: 2500 Biel/Bienne/BE, Switzerland, joint signature of two, Registered
since: 16.03.2007
Executive Director Jürg Henz, Origin: Brugg, Bärschwil,
Switzerland, Address: Zuzwil/SG, Switzerland, joint signature of two,
Registered since: 27.12.2011
Executive Director Daniel Flaig, Origin: St. Gallen, Bassersdorf,
Switzerland, Address: Zug/ZG, Switzerland, joint signature of two, Registered
since: 10.07.2006
Executive Director Christian Kuoni, Origin: Maienfeld,
Switzerland, Address: Zeiningen, Switzerland, joint signature of two,
Registered since: 10.07.2006
Title Name
Member with signing authority Gerhard Huber, Origin: Salenstein,
Switzerland, Address: 8268 Salenstein/TG, Switzerland, joint signature of two,
Registered since: 21.07.2003
Member with signing authority Carmen Hayoz, Origin: Ueberstorf,
Switzerland, Address: Busswil/TG, Switzerland, joint signature of two,
Registered since: 02.09.2008
Member with procuration Jürg Brander, Origin: Bütschwil, Switzerland, Address:
9240 Uzwil/SG, Switzerland, joint power of attorney of two, Registered since:
12.11.1999
Member with procuration Guido Benz, Origin: Marbach SG, Switzerland, Address:
Niederuzwil/SG, Switzerland, joint power of attorney of two, Registered since:
26.03.1998
Member with procuration Fabio Bonomi, Origin: Italy, Address: Oberuzwil/SG,
Switzerland, joint power of attorney of two, Registered since: 12.11.1999
Member with procuration Paul Dürr, Origin: Gams, Switzerland, Address:
Oberuzwil/SG, Switzerland, joint power of attorney of two, Registered since:
04.03.1999
Member with procuration Adolf Gehrig, Origin: Degersheim, Switzerland, Address:
Flawil, Switzerland, joint power of attorney of two, Registered since:
07.06.2004
Member with procuration Jürgen Ströhle, Origin: Austria, Address: Dornbirn,
Austria, joint power of attorney of two, Registered since: 19.03.2001
Title Name
Auditor Ernst
& Young AG, Address: St. Gallen, Switzerland, Registered since: 10.07.2006
Title Name
Chief Executive Officer Gerhard Huber
Chief Financial Officer Carmen Hayoz
Name: Benninger
Holding AG
City/Country: Uzwil,
Switzerland/CH
No. of Owner/-s: 1
Owner: The
company is domestic owned.
Class: 100%
Name: Benninger
Holding AG
City/Country: Uzwil,
Switzerland/CH
Interest: 100.00%
voting right, 100.00% capital interest
Class: 100%
Name: Benninger
Corporation
City/Country: Spartanburg,
United States of America/US
Interest: 100.00%
voting right, 100.00% capital interest
Class: 100%
Name: Benninger
India Private Limited
City/Country: Mumbai,
India/IN
Interest: 100.00%
voting right, 100.00% capital interest
Class: 100%
Name: Benninger
Trading (Shanghai) Co. Ltd.
City/Country: Shanghai,
China/CN
Interest: 100.00%
voting right, 100.00% capital interest
Class: 100%
Name: Benninger
Zell GmbH
City/Country: Zell,
Germany/DE
Interest: 100.00%
voting right, 100.00% capital interest
Class: 100%
Name: Küsters
Textile Gesellschaft mit beschränkter Haftung
City/Country: Zittau,
Germany/DE
Interest: 100.00%
voting right, 100.00% capital interest (since 2008)
Control date Year No. Amount CHF Status
06.03.2009 2009 0
06.03.2009 2008 1 109'116.-- Opposition filed
06.03.2009 2007 0
06.03.2009 2006 0
06.03.2009 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.
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 in order.
Payment experiences: Financial obligations are met in an orderly manner.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.52.68 |
|
UK Pound |
1 |
Rs.85.12 |
|
Euro |
1 |
Rs.69.38 |
INFORMATION DETAILS
|
Report Prepared
by : |
MNL |
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 |
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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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.