Carl Zeiss Meditec AG

M&A Activity • Nov 1, 2004

News Details

Ad-hoc | 1 November 2004 07:48

Carl Zeiss Meditec AG: Organizational alignment in Japan

Ad-hoc-announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. ——————————————————————————– —Carl Zeiss Meditec AG: Organizational alignment in Japan to further grow business in the second largest Medtech market— (Jena, 1 November 2004) With immediate effect, Carl Zeiss Meditec Co. Ltd., Tokyo, a majority-owned subsidiary of Carl Zeiss Meditec AG, Jena which is listed at the Prime Standard of Deutsche Boerse, will acquire the surgical business of Carl Zeiss Co. Ltd., Tokyo, Japan. The surgical business of Carl Zeiss Co. Ltd. has an annual revenue in the range of EUR 25 million and comprises of surgical microscopes for Ophthalmology, Neurosurgery and Ear, Nose and Throat Surgery. With this move Carl Zeiss Meditec will realize substantial efficiency potentials in particular areas like back-office sales administration, service and customer support. This will also further help to strengthen and to coordinate its activities in the regulatory approval area. With this organizational alignment Carl Zeiss Meditec will be even better positioned to improve its high reputation with its leading position in the world’s second largest Medtech market. Contact: Carl Zeiss Meditec AG, Jens Brajer/Director Investor Relations, Goeschwitzer Str. 51-52, 07745 Jena, Phone: +49 (0)3641-220-105, Fax: +49 (0)3641-220-117, E-mail: investors@meditec.zeiss.com end of ad-hoc-announcement (c)DGAP 01.11.2004 ——————————————————————————– WKN: 531370; ISIN: DE0005313704; Index: Listed: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin- Bremen, Düsseldorf, Hamburg, Hannover, München und Stuttgart 010748 Nov 04