euro adhoc: centrotherm photovoltaics AG
Mergers - Acquisitions - Takeovers /
centrotherm photovoltaics acquires a technology provider and engineering company
acting in the field of sputtering
Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement.
Company Information
08.11.2007
Blaubeuren, 8 November 2007 - Today, centrotherm photovoltaics AG concluded a contract to acquire 100% of the shares in FHR Anlagenbau GmbH, Ottendorf-Okrilla, with economic effect as of 1 January 2008. The purchase price amounts to 22 million euros and will be paid from the IPO proceeds of centrotherm photovoltaics. By acquiring FHR, centrotherm photovoltaics supplements its technology-portfolio with know-how and engineering technology relating to sputter-systems. Sputtering technology is key equipment and an integral part for the production of thin-film turn-key lines.
The field of activity of FHR Anlagenbau GmbH ranges from engineering and toolbuilding, comprehensive services in the area of vacuum and coating technology to sales of products of renowned European manufacturers. PVD-methods, such as sputtering, vacuum-processes, "inline"-transporting systems and large surface separation, are amongst FHR's key competences. FHR has around 90 employees at its location in Ottendorf-Okrilla near Dresden. In the 2006 financial year, its sales amounted to around 11.6 million euros.
end of announcement euro adhoc 08.11.2007 19:41:00
Further inquiry note:
Saskia Schultz-Ebert
Senior Manager Investor Relations
Tel: +49 (0) 7344 918-8890
saskia.schultz-ebert@centrotherm.de
Disclaimer:
These materials do not constitute an offer of securities for sale or a
solicitation of an offer to purchase securities in the United States or Germany
or any other jurisdiction. The shares of centrotherm photovoltaics AG (the
"Shares") may not be offered or sold in the United States absent registration or
an exemption from registration under the U.S. Securities Act of 1933, as
amended. Neither centrotherm photovoltaics AG nor any selling shareholder
intends to register any portion of the offering in the United States or to
conduct a public offering of Shares of centrotherm photovoltaics AG in the
United States.
This document is only being distributed to and is only directed at (i) persons
who are outside the United Kingdom or (ii) to investment professionals falling
within Article 19(5) of the Financial Services and Markets Act 2000 (Financial
Promotion) Order 2005 (as amended) (the "Order") or (iii) high net worth
companies, and other persons to whom it may lawfully be communicated, falling
within Article 49(2)(a) to (d) of the Order (all such persons in (i), (ii) and
(iii) above together being referred to as "relevant persons"). The securities
are only available to, and any invitation, offer or agreement to subscribe for,
purchase or otherwise acquire such securities will be engaged in only with,
relevant persons. Any person who is not a relevant person should not act or rely
on this document or any of its contents.
Branche: Energy
ISIN: DE000A0JMMN2
WKN: A0JMMN
Börsen: Börse Frankfurt / official dealing/prime standard