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PVA TePla AG M&A Activity 2022
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M&A Activity
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Corporate | 28 November 2022 07:30
PVA TePla AG: Strengthening process technologies through the acquisition of a company
EQS-News: PVA TePla AG / Key word(s): Takeover
PVA TePla AG: Strengthening process technologies through the acquisition of a company
28.11.2022 / 07:30 CET/CEST
The issuer is solely responsible for the content of this announcement.
Strengthening process technologies through the acquisition of a company
PVA TePla AG, Wettenberg, Germany, has fully acquired the medium-sized high-tech company MPA Industrie SA in La Chapelle d’Aurec, France, as planned. PVA TePla had already held a 10% stake in the process plant manufacturer since the end of 2020. The acquisition significantly strengthens the PVA TePla Group’s industrial plant engineering business with mature process know-how for silicon carbide (SiC) components and SiC layers in the industrial and semiconductor sectors. The new company represents a significant, strategic further development of the PVA TePla Group.
MPA will generate sales of around EUR 6 million in 2022, with high profitability and strong growth potential.
MPA offers customized turnkey systems and solutions for coatings and ceramic matrix composites for its customers located worldwide. Silicon carbide and other industrial ceramics have a wide range of applications:
Novel ceramic turbine blades for aircraft engines and SiC coatings of graphite components for use in the solar and semiconductor industries are examples of growing markets in which silicon carbide ceramics are gaining enormous importance due to their exceptional temperature resistance, high hardness and low weight.
The PVA TePla Group is thus strengthening its position in growing markets of the future and taking a significant step forward in the marketing of high-temperature systems with broad process know-how.
MPA Industrie SA will be fully consolidated for the first time as of December 31, 2022. The companies have agreed not to disclose the purchase price.
Contact:
Dr. Gert Fisahn
Investor Relations
PVA TePla AG
Tel: +49(0)641/68690-400
28.11.2022 CET/CEST Dissemination of a Corporate News, transmitted by EQS News – a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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| Language: | English |
| Company: | PVA TePla AG |
| Im Westpark 10-12 | |
| 35435 Wettenberg | |
| Germany | |
| Phone: | 0641/686900 |
| Fax: | 0641/68690800 |
| E-mail: | [email protected] |
| Internet: | www.pvatepla.com |
| ISIN: | DE0007461006 |
| WKN: | 746100 |
| Indices: | SDAX |
| Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange |
| EQS News ID: | 1495983 |
| End of News | EQS News Service |