|
Report Date : |
11.01.2013 |
IDENTIFICATION DETAILS
|
Name : |
SOUDRONIC AG |
|
|
|
|
Registered Office : |
Industriestrasse 35 8962 Bergdietikon AG |
|
|
|
|
Country : |
Switzerland |
|
|
|
|
Date of Incorporation : |
09.02.2001 |
|
|
|
|
Com. Reg. No.: |
400.3.022.163-8 / 603026 |
|
|
|
|
Legal Form : |
Company limited by shares |
|
|
|
|
Line of Business : |
Manufacture of other special-purpose machinery |
|
|
|
|
No. of Employees : |
300 |
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 |
|
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 – June 30th, 2012
|
Country Name |
Previous Rating (31.03.2011) |
Current Rating (30.06.2012) |
|
Switzerland |
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
SWITZERLAND - ECONOMIC OVERVIEW
Switzerland is a peaceful, prosperous, and modern market economy with low unemployment, a highly skilled labor force, and a per capita GDP among the highest in the world. Switzerland's economy benefits from a highly developed service sector, led by financial services, and a manufacturing industry that specializes in high-technology, knowledge-based production. Its economic and political stability, transparent legal system, exceptional infrastructure, efficient capital markets, and low corporate tax rates also make Switzerland one of the world's most competitive economies. The Swiss have brought their economic practices largely into conformity with the EU's, to enhance their international competitiveness, but some trade protectionism remains, particularly for its small agricultural sector. The fate of the Swiss economy is tightly linked to that of its neighbors in the euro zone, which purchases half of all Swiss exports. The global financial crisis of 2008 and resulting economic downturn in 2009 stalled export demand and put Switzerland in a recession. The Swiss National Bank (SNB) during this period effectively implemented a zero-interest rate policy to boost the economy as well as prevent appreciation of the franc, and Switzerland's economy recovered in 2010 with 2.7% growth. The sovereign debt crises currently unfolding in neighboring euro-zone countries pose a significant risk to Switzerland's financial stability and are driving up demand for the Swiss franc by investors seeking a safehaven currency. The independent SNB has upheld its zero-interest rate policy and conducted major market interventions to prevent further appreciation of the Swiss franc, but parliamentarians have urged it to do more to weaken the currency. The franc's strength has made Swiss exports less competitive and weakened the country's growth outlook; GDP growth fell to 2.1% in 2011. Switzerland has also come under increasing pressure from individual neighboring countries, the EU, the US, and international institutions to reform its banking secrecy laws. Consequently, the government agreed to conform to OECD regulations on administrative assistance in tax matters, including tax evasion. The government has renegotiated its double taxation agreements with numerous countries, including the US, to incorporate the OECD standard, and in 2011 it reached deals with Germany and the UK to resolve outstanding issues, particularly the possibility of imposing taxes on bank deposits held by foreigners. These steps will have a lasting impact on Switzerland's long history of bank secrecy.
Source
: CIA
Soudronic AG
Operating
address:
Industriestrasse
35
8962
Bergdietikon/AG
Switzerland/CH
Telephone: 044
7436666
Fax: 044
7436699
Web
site: http://www.soudronic.com
E-mail: info@soudronic.com
VAT-No.: CHE105956805
Established: 1953
History: 1953: Established from Paul Opprecht
Line
of Business: Machinery
Industry
Division: Manufacturing
Industry-code (NACE): 2899 Manufacture of other special-purpose
machinery n.e.c.
Import/Export: Import, Export
Banks: CS Credit Suisse
UBS Ltd
Coverage: Company
Employees: 300
Sales: CHF 100-200 Mio
The company develops, builds and installs superior
resistance welding solutions for a variety of applications specific to the
metal packaging industries. The range of products includes single components as
well as comprehensive, turnkey manufacturing systems. The company's sales and
service network covers more than 120 countries.
Real
Estate: The company does
not appear to own any property.
Company
No: 400.3.022.163-8 /
603026
Legal
form: Company limited
by shares
Registration: 09.02.2001
Legal
status: active
Responsible
Register: Handelsregister des Kantons
Aargau
History: Date of Statutes:
20.10.2010
Date of
Statutes: 18.04.2007
Date of
Statutes: 13.09.2006
Date of
Statutes: 16.08.2006
Date of
Statutes: 09.12.2005
Date of
Statutes: 03.04.2001
Date of Statutes:
20.03.2001
Date of
Incorporation Statutes: 08.02.2001
Entry Deleted Name
23.04.2001 Soudronic
AG
09.02.2001 23.04.2001 Soudronic Holding AG
Entry Deleted Legal domicile
09.02.2001 Bergdietikon,
Switzerland
Entry Deleted Address
09.02.2001 Industriestrasse
35, 8962 Bergdietikon/AG, Switzerland/CH
Entry Deleted Capital
08.08.2007 Share
Capital CHF 1'000'000, paidup CHF 1'000'000
Entry Deleted Capital Structure
08.08.2007 1'000'000
Registered shares of CHF 1.--
Entry Deleted Activity (original Language)
22.10.2010 Entwicklung,
Konstruktion und Fabrikation von Maschinen und Anlagen, insbesondere
Widerstandsschweissmaschinen, elektronischen Steuergeräten und ähnlichen Erzeugnissen,
sowie Handel damit; kann Sicherheiten bestellen und Garantien abgeben, Darlehen
gewähren, Liegenschaften erwerben, halten und veräussern,
Zweigniederlassungen errichten und aufheben sowie Beteiligungen an
Tochtergesellschaften erwerben, halten und veräussern.
23.04.2001 22.10.2010 Entwicklung, Konstruktion und Fabrikation von
Maschinen und Anlagen, insbesondere Widerstandsschweissmaschinen,
elektronischen Steuergeräten und ähnlichen Erzeugnissen, sowie Handel damit;
kann für ihre mittelbaren und unmittelbaren Tochtergesellschaften Sicherheiten
bestellen und Garantien abgeben, im In- und Ausland Liegenschaften erwerben,
halten und veräussern, Zweigniederlassungen errichten und aufheben sowie
Beteiligungen an Tochtergesellschaften erwerben, halten und veräussern.
Entry Deleted Remarks (original Language)
08.08.2007 Capital:
Bei der Kapitalherabsetzung vom 18.04.2007 werden 113'941'200 Namenaktien zu
CHF 1.-- vernichtet, wobei der Herabsetzungsbetrag von CHF 113'941'200.-- wie
folgt ausgerichtet wird: CHF 98'697'432.-- werden an die Alleinaktionärin
ausgeschüttet, welche erklärt, gleichzeitig ein Darlehen in der Höhe von CHF
89'352'250.-- zu gewähren und CHF 9'345'182.-- mit dem Passivdarlehen zu
verrechnen. Der Restbetrag von CHF 15'243'768.-- wird den Freien Reserven
zugewiesen. Die Beachtung der gesetzlichen Vorschriften von Art. 732 ff. OR
wird mit öffentlicher Urkunde vom 16.07.2007 festgestellt.
18.08.2006 Reports:
Mitteilungen der Gesellschaft erfolgen schriftlich an die im Aktienbuch eingetragenen
Adressen der Aktionäre und Nutzniesser. Sofern das Gesetz nicht zwingend etwas
anderes bestimmt, kann der Verwaltungsrat Mitteilungen auch durch einmalige
Publikation im SHAB vornehmen.
08.06.2006 Merger:
Übernahme der Aktiven und Passiven der Elpatronic AG, in Bergdietikon
(CH-170.3.002.060-2), gemäss Fusionsvertrag vom 31.05.2006 und Bilanz per
31.12.2005. Aktiven von CHF 678'225.10 und Passiven (Fremdkapital) von CHF
518'225.17 gehen auf die übernehmende Gesellschaft über. Da die übernehmende Gesellschaft
sämtliche Aktien der übertragenden Gesellschaft hält, findet weder eine
Kapitalerhöhung noch eine Aktienzuteilung statt.
05.04.2004 Merger:
Die Gesellschaft übernimmt auf dem Wege der Fusion gemäss Art. 748 OR die
"Schweissmaschinen AG", in Bergdietikon, und die"SPS Precision
Tools AG", in Bergdietikon. Aktiven von CHF 70'322.95 und Passiven von CHF
0.-- der "Schweissmaschinen AG" sowie Aktiven von CHF 1'187'160.10
und Passiven von CHF 27'000.-- der "SPS Precision Tools AG" gehen
gemäss Fusionsverträgen vom 01.03.2004 und Fusionsbilanzen per 31.12.2003 durch
Universalsukzession auf die Gesellschaft über, die bereits sämtliche Aktien der
beiden übernommenen Gesellschaften besitzt. Dabei erlöschen diese Aktien und
das Aktienkapital der übernehmenden Gesellschaft bleibt unverändert.
23.04.2001 Merger:
Die Gesellschaft übernimmt auf dem Wege der Fusion die Soudronic AG, in
Bergdietikon. Aktiven von CHF 278'388'279.94 und Passiven von CHF
234'730'465.86 gehen gemäss Fusionsvertrag vom 03.04.2001 und Fusionsbilanz per
31.12.2000 durch Universalsukzession auf die Gesellschaft über, die bereits
sämtliche Aktien der übernommenen Gesellschaft besitzt. Dabei erlöschen diese
Aktien und das Aktienkapital der übernehmenden Gesellschaft bleibt unverändert.
29.03.2001 Merger:
Die Gesellschaft übernimmt auf dem Wege der Fusion die Topco Holding AG, in
Bergdietikon. Aktiven von CHF 80'361'989.85 und Passiven von CHF 940'404.20
gehen gemäss Fusionsvertrag vom 27.03.2001 und Fusionsbilanz per 31.12.2000
durch Universalsukzession auf die Gesellschaft über, die bereits sämtliche
Aktien der übernommenen Gesellschaft besitzt. Dabei erlöschen diese Aktien und
das Aktienkapital der übernehmenden Gesellschaft bleibt unverändert.
09.02.2001 Intended
asset takeover: Die Gesellschaft beabsichtigt nach der Gründung 689'750
Namenaktien "A" zu CHF 10.--, 200'250 Namenaktien "B" zu
CHF 10.-- und 711'000 Namenaktien "C" zu CHF 100.-- der "Topco
Holding AG", in Bergdietikon, zum Maximalpreis von CHF 340'000'000.-- zu
erwerben.
Title Name
President,
Chief Executive Jakob Guyer,
Origin: Seegräben, Switzerland, Residential address: 8607 Seegräben/ZH,
Switzerland, joint signature of two
Director Peter
Ammann, Origin: Bünzen, Switzerland, Residential address: 5614 Sarmenstorf/AG,
Switzerland, joint signature of two
Director Rocco
Statunato, Origin: Italy, Residential address: Freienstein-Teufen/ZH,
Switzerland, joint signature of two
Title Name
Member
with procuration Marco
Bucher, Origin: Humlikon, Switzerland, Residential address: Bergdietikon,
Switzerland, joint power of attorney of two
Member
with procuration Andreas
Burek, Origin: Germany, Residential address: Rudolfstetten-Friedlisberg, Switzerland,
joint power of attorney of two, Registered since: 17.01.2012
Member
with procuration Daniel
Dieterich, Origin: Frauenfeld, Switzerland, Residential address: Hittnau,
Switzerland, joint power of attorney of two, Registered since: 06.03.2006
Member
with procuration Chevalley
François Marcel, Origin: Champtauroz, Switzerland, Residential address:
Winterthur, Switzerland, joint power of attorney of two, Registered since:
12.03.2012
Member
with procuration Brenda Haas,
Origin: St. Gallen, Switzerland, Residential address: Weiningen/ZH,
Switzerland, joint power of attorney of two, Registered since: 06.03.2006
Member
with procuration Marcel Käch,
Origin: Nebikon, Switzerland, Residential address: Rudolfstetten-Friedlisberg,
Switzerland, joint power of attorney of two, Registered since: 06.03.2006
Member
with procuration Walter
Kaufmann, Origin: Buus, Switzerland, Residential address: Bergdietikon,
Switzerland, joint power of attorney of two, Registered since: 06.03.2006
Member
with procuration Willi Müller,
Origin: Zürich, Switzerland, Residential address: Oberwil-Lieli, Switzerland,
joint power of attorney of two, Registered since: 06.03.2006
Member
with procuration Werner
Nussbaum, Origin: Birrwil, Switzerland, Residential address: Widen,
Switzerland, joint power of attorney of two, Registered since: 06.03.2006
Member
with procuration Oswald
Stucki, Origin: Konolfingen, Switzerland, Residential address: Widen,
Switzerland, joint power of attorney of two, Registered since: 06.03.2006
Title Name
Auditor PricewaterhouseCoopers
AG, Residential address: Zürich, Switzerland
Title Name
Chief
Executive Officer Jakob
Guyer
Chief
Financial Officer Rocco
Statunato
Consolidation: consolidated
Industry: Trade/Industry
Fiscal year end: 31.12.2011 31.12.2010 31.12.2009 31.12.2008 31.12.2007
Number of months: 12 12 12 12 12
Currency: th.
CHF th. CHF th. CHF th. CHF th.
CHF
Remarks: about about about about about
Operating revenue 195'000.0 190'000.0 185'000.0 190'000.0 185'000.0
Capital 1'000.0 1'000.0 1'000.0 1'000.0 1'000.0
Employees at year end 600 600 600 600 600
Employees inland 300 300 300 300 300
Employees abroad 300 300 300 300 300
Name: Soudronic Holding AG
City/Country: Bergdietikon/AG, Switzerland/CH
No.
of Owner/-s: 1
Owner: The company is domestic
owned.
Class: 100%
Name: Soudronic Holding AG
City/Country: Bergdietikon/AG, Switzerland/CH
Interest: 100.00% voting right, 100.00%
capital interest (since 2006)
Class: 100%
Name: Cantec GmbH & Co
KG
City/Country: Essen, Germany/DE
Interest: 100.00% voting right,
100.00% capital interest (since 2006)
Class: 100%
Name: Cepak Produzione Srl
City/Country: Montecchio Emilia, Italy/IT
Interest: 100.00% voting right,
100.00% capital interest (since 1995)
Class: 100%
Name: Ocsam Impianti Srl
City/Country: San Ilario d'Enza, Italy/IT
Interest: 100.00% voting right,
100.00% capital interest (since 1995)
Class: 100%
Name: Sabatier SAS
City/Country: Vitrolles, France/FR
Interest: 100.00% voting right,
100.00% capital interest (since 1995)
Class: 100%
Name: Soudronic (Guangzhou)
Ltd
City/Country: Guangzhou, China/CN
Interest: 100.00% voting right,
100.00% capital interest
Class: 100%
Name: Soudronic Ltd
City/Country: Briarcliff Manor/New York,
United States of America/US
Interest: 100.00% voting right,
100.00% capital interest (since 1975)
Class: 100%
Name: Soudronic Mexicana SA
de CV
City/Country: Edo de México, Mexico/MX
Interest: 100.00% voting right,
100.00% capital interest
Class: 100%
Name: Soudronic South East
Asia Pte Ltd
City/Country: Singapore, Singapore/SG
Interest: 100.00% voting right,
100.00% capital interest (since 1989)
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 as appropriate.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.54.63 |
|
|
1 |
Rs.87.50 |
|
Euro |
1 |
Rs.71.32 |
INFORMATION DETAILS
|
Report
Prepared by : |
PRL |
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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.