EANS-Adhoc: Mikron Holding AG Mikron expands automation business by acquiring
IMA Automation Berlin
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01.02.2012
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This media release can be downloaded as a PDF file: www.mikron.com/news
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Media Release
Mikron expands automation business by acquiring IMA Automation Berlin
Biel, 1 February 2012, 7:00 a.m. The Mikron Group will acquire IMA Automation
Berlin GmbH from the Feintool Group with retroactive effect from 1 January 2012.
Mikron Holding AG and Feintool International Holding AG agreed on the sale
yesterday afternoon. IMA Berlin is a successful supplier of automation solutions
for the automotive and solar industries. By integrating the company as an
independent unit within its Automation division, the Mikron Group will be
strengthening its position in the German market in particular. The entire
management team and workforce of IMA Automation Berlin will be transferring to
Mikron. Both parties have agreed not to disclose the purchase price. The
acquisition is subject to approval by the German Bundeskartellamt (competition
authority).
IMA Automation Berlin has been a successful provider of customer-specific
assembly solutions to the German automotive industry for many years.
Furthermore, the company has recently made a name for itself as a manufacturer
of contacting systems for the solar industry. IMA Berlin, which currently has a
workforce of 70, had a successful year in 2011, generating sales of EUR 11
million. It has kicked off the current financial year with a good level of
orders on hand.
Mikron Automation is one of the world´s leading supplier of customer-specific,
high-performance automation solutions for the high-precision assembly of up to
hand-sized products. Customers in the pharmaceutical, medical and automotive
industries accounted for the majority of the division´s sales of CHF 88 million
(EUR 73 million) in fiscal year 2011. Geographically, Mikron Automation`s main
markets are in western Europe and the USA. It is currently expanding its market
presence in Asia. The division had a workforce of about 450 at the end of 2011.
"Mikron and IMA Berlin are an excellent match for each other," said Rolf Rihs,
COO of Mikron Automation. "Acquiring IMA Berlin will strengthen our division´s
position in its core market of Germany as well as augmenting our existing
activities in the automotive industry in ideal fashion. At the same time we will
be able to expand IMA Berlin´s solar business in a targeted fashion."
"In Mikron we are delighted to have found a buyer that is a good strategic and
operational fit for IMA Berlin," said Heinz Loosli, CEO of the Feintool Group,
commenting on the sale. "This will safeguard the site´s continued development
over the long term."
end of ad-hoc-announcement
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Brief profile of the Mikron Group
The Mikron Group operates worldwide as a leading supplier of production and
automation solutions for the manufacture of high-precision products. Its main
markets are the automotive component supply industry, the pharmaceutical and
medical industries, the writing instrument industry, and the electronics and
watchmaking industries. Mikrons customers benefit from more than 100 years of
experience in the manufacture of customized production solutions. Its powerful
and reliable machines, systems and tools fulfill the highest standards in terms
of precision, economy and flexibility. A comprehensive range of services rounds
off Mikrons market offering. The Mikron Groups operations are divided into the
two divisions Mikron Machining and Mikron Automation. The Group employs a
workforce of almost 1000, the majority of them at its two main sites in Agno
(Switzerland) and Boudry (Switzerland). Further manufacturing facilities are
located in Rottweil (Germany), Monroe (USA), Denver (USA), Singapore and
Shanghai (China).
Investor Relations Calendar
12 March 2012, 07.00 a.m., Media release: Publication of the 2011 Annual Report
12 March 2012, 10.00 a.m., Results press conference: ConventionPoint, SIX Swiss
Exchange, Zurich
17 April 2012, 04.00 p.m., Annual General Meeting 2012, Biel
20 July 2012, 07.00 a.m., Media release: Semiannual results 2012
Except for the historical information contained herein, the statements in this
media release are forward-looking statements that involve risks and
uncertainties.
Mikron® is a trademark of Mikron Holding AG, Biel (Switzerland)
Further inquiry note:
Mikron Management AG, Martin Blom, Chief Financial Officer
Phone +41 62 916 69 60, ir.mma@mikron.com
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end of announcement euro adhoc
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issuer: Mikron Holding AG
Mühlebrücke 2
CH-2502 Biel
phone: +41 32 321 72 00
FAX: +41 32 321 72 01
mail: mho@mikron.com
WWW: www.mikron.com
sector: Machine Manufacturing
ISIN: CH0003390066
indexes: SPI, SPIEX, SPI ex SLI
stockmarkets: Domestic Standard: SIX Swiss Exchange
language: English