centrotherm photovoltaics acquires a technology provider and engineering company acting in the field of sputtering
Blaubeuren, 8 November 2007 - Today, centrotherm photovoltaics AG concluded a contract to acquire 100% of the shares in FHR Anlagenbau GmbH, Ottendorf-Okrilla, with economic effect as of 1 January 2008. The purchase price amounts to 22 million euros and will be paid from the IPO proceeds of centrotherm photovoltaics. By acquiring FHR, centrotherm photovoltaics supplements its technology-portfolio with know-how and engineering technology relating to sputter-systems. Sputtering technology is key equipment and an integral part for the production of thin-film turn-key lines.
The field of activity of FHR Anlagenbau GmbH ranges from engineering and toolbuilding, comprehensive services in the area of vacuum and coating technology to sales of products of renowned European manufacturers. PVDmethods, such as sputtering, vacuum-processes, "inline"-transporting systems and large surface separation, are amongst FHR's key competences. FHR has around 90 employees at its location in Ottendorf-Okrilla near Dresden. In the 2006 financial year, its sales amounted to around 11.6 million euros.
centrotherm photovoltaics AG
WKN (Securities Code Number): A0JMMN
Listing: Regulierter Markt/Prime Standard; Frankfurter Wertpapierbörse (Official Market/Prime Standard; Frankfurt Stock Exchange)
Company’s seat: Germany
Senior Manager Investor Relations
T +49 7344 918-8890
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