EANS-Adhoc: Hönle Acquires UV-Technik Speziallampen GmbH (with photo)
ad-hoc disclosure pursuant to section 15 of the WpHG transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is solely responsible for the content of this announcement.
08.12.2010
Dr. Hönle AG enters the growth market for water sterilisation: The company acquires a 51 % stake in UV-Technik Speziallampen GmbH, Wümbach, Ilmenau. UV-Technik Speziallampen GmbH has many years of know-how in the segment of UV lamps that are used for water sterilisation, in particular. The range of products also includes electronic power supplies and measurement. Moreover, the company is engaged in the sale of special lamps that are used for hardening and material analysis. The company, with a staff of some 60 employees, is profitable and earns annual revenues of ca. EUR 6.5 million. The company plans revenues of about EUR 7 million for calendar year 2011 and EBIT of TEUR 600 to TEUR 700. Over the short to medium term, Hönle expects synergy effects from the corporate acquisition, in particular for the Development, Production and Sales areas, with a corresponding positive effect on earnings.
As an efficient partner of UV equipment & UV systems manufacturers in the growth market of UV environmental engineering, the newly acquired company offers its customers a broad range of UV lamps and pertaining components. Water sterilisation by means of ultraviolet radiation is environmentally friendly since there is no need to use chemicals. UV water sterilisation is used in the communal, industrial and private sector, in particular in the field of drinking water sterilisation, industrial water processing, and waste water sterilisation.
With the acquisition of UV-Technik Speziallampen GmbH, Hönle continues its strategy of increasingly generating sales in the field of short-lived economic goods, in addition to the equipment and systems business. Following the adhesives specialist, Panacol, and the radiator specialist, Aladin, a further lamp specialist, UV-Technik Speziallampen GmbH, will now join the Hönle corporate group. Upon signing the purchase agreement, Dr. Hönle AG received the right to acquire the remaining 49 % stake in UV-Technik Speziallampen GmbH.
Hönle will present the preliminary figures for financial year 2009/2010 on 10 December 2010. Together with the publication, the Company will also announce the budgeted revenue and earnings figures of the Hönle Group, which include the effects from the acquisition of UV-Technik Speziallampen GmbH.
About Hönle: Dr. Hönle AG is a listed technology company with registered head office in Gräfelfing, near Munich. With a staff level of about 300 employees, the Hönle Group is one of the world´s leading systems suppliers in the UV technology segment. The equipment and systems are used for drying inks and coatings, curing adhesives and plastics, disinfecting surfaces, and in the simulation of natural sunlight. The Company´s business activities focus also on the development and sale of industrial adhesives and compounds. The Group is represented by own companies and sales partners worldwide at 50 locations in more than 20 countries.
Pictures with Announcement: http://resources.euroadhoc.com/us/YQFqgJhz
end of announcement euro adhoc
Further inquiry note:
Peter Weinert
Tel.: +49 89 85608 173
E-Mail: peter.weinert@hoenle.de
Web: www.hoenle.com
Branche: Instrument Engineering
ISIN: DE0005157101
WKN: 515710
Index: CDAX, Prime All Share, Technology All Share
Börsen: Frankfurt / regulated dealing/prime standard
Berlin / free trade
Hamburg / free trade
Stuttgart / free trade
Düsseldorf / free trade
Hannover / free trade
München / free trade