euro adhoc: Catalis N.V.
Mergers - Acquisitions - Takeovers
Catalis N.V.
acquires competitor Check Disc Europe
Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement.
05.07.2005
Eindhoven, July 5, 2005 - Catalis N.V. has closed previously announced acquisition of competitor Check Disc Europe, Warsaw, Poland.
Through the transaction Catalis N.V. will increase its capacity in Europe by more than 25% and in parallel benefit from significant cost advantages. Catalis N.V. does not rule out to transfer production partly from London to Poland in the medium term and expects cost benefits to materialize as early as 2005.
Parties have agreed not to disclose the purchase price. Catalis N.V. is financing the acquisition from operating cash flows.
end of announcement euro adhoc 05.07.2005 07:30:00
Further inquiry note:
Catalis N.V.
Sarah McTweed
Pinewood Studios
Iver, Buckinghamshire
Slo oNH
United Kingdom
Tel: +44 1753 78 33 30
Fax: +44 1753 78 33 32
Branche: Semiconductors & active components
ISIN: NL0000233625
WKN: 927093
Börsen: Frankfurter Wertpapierbörse
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