M&A Activity • Jan 13, 2010
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Ad-hoc | 13 January 2010 07:24
Süss MicroTec AG: Contract Negotiations for the Purchase of HamaTech APE GmbH & Co. KG Successfully Concluded
Süss MicroTec AG / Acquisition
13.01.2010
Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by
DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
SUSS MicroTec AG: Contract Negotiations for the Purchase of HamaTech APE
GmbH & Co. KG Successfully Concluded
Garching near Munich, Germany, January 13, 2010 - SUSS MicroTec AG
(business address: Schleissheimer Strasse 90, 85748 Garching, Germany;
ISIN: DE0007226706), which is listed in the Prime Standard of Deutsche
Börse AG, today announced the conclusion of contract negotiations to
acquire HamaTech APE GmbH & Co. KG, a wholly owned subsidiary of Singulus
Technologies AG. Yesterday night, both parties signed a corresponding
purchase agreement, subject to the negotiated closing conditions. The
agreement stipulates a purchase price of EUR 4.5 million plus a further EUR
4.5 million for the acquisition of the land and company building at the
Sternenfels site. The closing date of the transaction is set for January
2010.
Both contractual parties (buyer and seller) had already signed a
comprehensive term sheet for the acquisition of HamaTech APE on December 6,
2009.
The purchase price of EUR 4.5 million is comprised of a fixed and variable
portion. The fixed component amounts to EUR 3.5 million and will be paid in
cash. The variable earn-out component amounts to EUR 1.0 million and is
linked to the future sales performance of HamaTech APE in the year 2010.
HamaTech APE has established itself in the semiconductor industry as a
leading international supplier of equipment for cleaning photo masks. It
employs approximately 80 staff at its Sternenfels site and its
international subsidiaries. In the 2009 fiscal year, the Company is
expected to generate sales of EUR 11 million.
With the acquisition, the SUSS MicroTec Group is expanding its existing
Coater/Developer product portfolio.
End of the ad hoc announcement
13.01.2010 Ad hoc announcement, Financial News and Media Release distributed by DGAP.
Media archive at www.dgap-medientreff.de and www.dgap.de
Language: English
Company: Süss MicroTec AG
Schleissheimer Strasse 90
85748 Garching b. München
Deutschland
Phone: +49 (0)89 32007-161
Fax: +49 (0)89 32007-336
E-mail: [email protected]
Internet: www.suss.com
ISIN: DE0007226706
WKN: 722670
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Düsseldorf, München, Hamburg, Stuttgart
End of News DGAP News-Service
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