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Subtitle: ? First integration measures are taken
? Target confirmed to become a world leader in vacuum solutions
? Closing has an impact on the 2010 balance sheet
Asslar, Germany (euro adhoc) - December 31, 2010. Pfeiffer Vacuum Technology AG
today closed the acquisition of Alcatel-Lucent´s Vacuum Technology Unit
"Adixen". The company had announced the intention to purchase Adixen on November
3, 2010. The purchase price totals approximately EUR 200 million on a
debt/cash-free basis. In order to finance the deal, Pfeiffer Vacuum had
generated about EUR 112 million through a capital increase and the sale of
treasury shares on November 18. The remaining part of the purchase price was
funded through a bank loan.
Manfred Bender, Chief Executive Officer of Pfeiffer Vacuum Technology AG,
comments on the acquisition: "We are happy that the transaction is settled now.
We already took first steps towards the integration of Adixen in the past
weeks. Together with the management of Adixen we are convinced to become a
world leader in vacuum solutions."
As the closing still takes place in 2010, the inclusion of Adixen for the first
time has an impact on the consolidated Pfeiffer Vacuum balance sheet
while the consolidated profit and loss accounts is not affected.
About Pfeiffer Vacuum
Pfeiffer Vacuum (Stock Exchange Symbol PFV, ISIN DE0006916604) is one of the
world´s leading providers of vacuum solutions. Among a full range of hybrid-
and magnetically levitated turbopumps, the portfolio comprises of backing
pumps, measurement and analysis devices, components, vacuum chambers and
systems. Ever since the invention of the turbomolecular pump by Pfeiffer
Vacuum, the company has stood for innovative solutions and high-technology
products that are used in the analytical segment, in research and development,
environmental technology, chemistry, semiconductor production and coating
technology, as well as in the automotive industry and any number of further
sectors. Founded in 1890, Pfeiffer Vacuum is today active throughout the world
together with a workforce of some 2,000 people as well as 28 subsidiaries.
Further information is available at www.pfeiffer-vacuum.com.
Further inquiry note:
Brigitte Looß
Leiterin Investor Relations
Tel.: +49 (6441) 802-346
E-Mail: Brigitte.Loos[at]pfeiffer-vacuum.de
end of announcement euro adhoc
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company: Pfeiffer Vacuum Technology AG
Berliner Str. 43
D-35614 Aßlar
phone: +49 (6441) 802-0
FAX: +49 (6441) 802-202
mail: info@pfeiffer-vacuum.de
WWW: http://www.pfeiffer-vacuum.de
sector: Machine Manufacturing
ISIN: DE0006916604
indexes: TecDAX, CDAX, HDAX, Prime All Share, DAXsector All Industrial
stockmarkets: regulated dealing/prime standard: Frankfurt, free trade: Berlin,
Hamburg, Stuttgart, Düsseldorf, Hannover, München
language: English
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