M&A Activity • Jan 23, 2013
M&A Activity
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Media | 23 January 2013 15:15
Purchase of Property at Garching Production Site
(DGAP-Media / 23.01.2013 / 15:15)
PRESS RELEASE
Purchase of Property at Garching Production Site
Garching, January 23, 2013 – SUSS MicroTec, a global supplier of equipment and process solutions for the semiconductor industry and related markets, announces the acquisition of the previously rented real estate at the main production site in Garching. The purchase agreement was signed on January 23, 2013, the transition of the title to the property is expected to take place on September 30, 2013. The property is sold by the Fabrilis Grundstücks-Vermietungsgesellschaft mbH & Co. Objekt Garching KG and Süss Grundstücksverwaltungsgemeinschaft Zeppelinstraße GbR. The purchase price of the 20,000 sqm land and the buildings amounts to EUR 8.7 million and will be financed out of available liquid funds. The purchase of the property is expected to generate a positive annual EBIT effect of EUR 0.4 million.
‘Besides the rent savings, we gain a great deal of operational flexibility with regards to our company specific property requirements and make a statement on the importance of our production site in Garching.’ said Frank P. Averdung, President and CEO of SUSS MicroTec. ‘This property offers interesting perspectives to enlarge our facilities in the future and its traffic connections as well as the proximity to research campuses in Munich are very attractive.’
About SUSS MicroTec
SUSS MicroTec, listed on TecDAX of Deutsche Boerse AG, is a leading supplier of equipment and process solutions for microstructuring in the semiconductor industry and related markets. In close cooperation with research institutes and industry partners SUSS MicroTec contributes to the advancement of next-generation technologies such as 3D Integration and nanoimprint lithography as well as key processes for MEMS and LED manufacturing. With a global infrastructure for applications and service SUSS MicroTec supports more than 8.000 installed systems worldwide. SUSS MicroTec is headquartered in Garching near Munich, Germany. For more information, please visit http://www.suss.com
Contact:
SUSS MicroTec AG
Franka Schielke
Schleissheimer Strasse 90
85748 Garching, Deutschland
Tel.: +49 (0)89 32007-161
Fax: +49 (0)89 32007-451
Email: [email protected]
End of Media Release
Issuer: SÜSS MicroTec AG
Key word(s): Enterprise
23.01.2013 Dissemination of a Press Release, transmitted by DGAP – a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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Media archive at www.dgap-medientreff.de and www.dgap.de
| Language: | English |
| Company: | SÜSS MicroTec AG |
| Schleissheimer Strasse 90 | |
| 85748 Garching | |
| Germany | |
| Phone: | +49 (0)89 32007-161 |
| Fax: | +49 (0)89 32007-451 |
| E-mail: | [email protected] |
| Internet: | www.suss.com |
| ISIN: | DE000A1K0235 |
| WKN: | A1K023 |
| Indices: | TecDAX |
| Listed: | Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, Hamburg, München, Stuttgart |
| End of News | DGAP-Media |
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| 199703 23.01.2013 |
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