Elmos Semiconductor SE

M&A Activity • Dec 22, 2010

News Details

Ad-hoc | 22 December 2010 22:17

ELMOS Semiconductor AG: Sale of packaging business in the Netherlands

ELMOS Semiconductor AG / Key word(s): Disposal/Strategic Company Decision

22.12.2010 22:17

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ELMOS Semiconductor AG (FSE: ELG) sells the special packaging business of
its subsidiary ELMOS Advanced Packaging B.V., Nijmegen, the Netherlands, to
an investment company owned by Dutch financial investor 'Nimbus Hands-On
Investors'. The sale is carried out within an asset deal framework.

Over the last years, ELMOS Advanced Packaging has reached a technological
leadership position in the development and manufacturing of special
packages for semiconductors and sensors. Third-party sales of the sold
business unit will be below 10 million Euro in 2010, generated with about
70 employees. The purchase price is a low single-digit million Euro amount;
in addition, a profit-related component has been agreed. Closing is
expected by year-end 2010.

In order to guarantee the continued development and supply of ELMOS, a
cooperation agreement for the development and manufacture of special
packages has been forged.

ELMOS Semiconductor AG, Janina Rosenbaum, Heinrich-Hertz-Str. 1, 44227
Dortmund, Germany, Telephone: +49 (0) 231-7549-0, Direct: -287, Fax:
0231-7549-548, eMail: info@elmos.de, www.elmos.de

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Language: English
Company: ELMOS Semiconductor AG
Heinrich-Hertz-Str. 1
44227 Dortmund
Deutschland
Phone: +49 (0)231 7549-575
Fax: +49 (0)231 7549-548
E-mail: invest@elmos.de
Internet: http://www.elmos.de
ISIN: DE0005677108
WKN: 567710
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Düsseldorf, Hamburg, München, Stuttgart

End of Announcement DGAP News-Service

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