10.07.2018
STEMMER IMAGING AG DE000A2G9MZ9
DGAP-News: STEMMER IMAGING expands market share in France by acquiring ELVITEC S.A.S.
DGAP-News: STEMMER IMAGING AG / Key word(s): Takeover
STEMMER IMAGING expands market share in France by acquiring ELVITEC S.A.S.
10.07.2018 / 16:11
The issuer is solely responsible for the content of this announcement.
---------------------------------------------------------------------------
Puchheim, 10th July 2018
STEMMER IMAGING expands market share in France by acquiring ELVITEC S.A.S.
STEMMER IMAGING, one of the leading providers of machine vision technology
in Europe, has acquired ELVITEC S.A.S. (ELVITEC)'s business in a share deal.
ELVITEC is a highly specialised provider of machine vision solutions from
France.
STEMMER IMAGING AG (ISIN DE000A2G9MZ9/WKN A2G9MZ) continues to consistently
implement its growth strategy after its successful IPO. In a share deal, the
wholly owned subsidiary STEMMER IMAGING S.A.S. acquired 100 per cent of the
shares in the French ELVITEC S.A.S. The company from Pertuis, near
Aix-en-Provence, is an established provider of camera solutions for
industry, monitoring, and imaging. The Management Board of STEMMER IMAGING
AG expects the acquisition to result in an anticipated additional revenue
contribution of around EUR 9 million and an EBITDA margin of around 11 per
cent at ELVITEC in the 2018/2019 financial year. The company is consolidated
retrospectively from 1 July 2018.
"France is an exciting and dynamically growing market for automation
solutions and robotics. As one of the leading providers of machine vision
technology, it is important for us to be substantially represented and to
grow in key markets. Just like we have set out in our strategy. We are
delighted to have found another fitting acquisition target after the
successful acquisition of Data Vision at the end of January," says Lars
Böhrnsen, CFO of STEMMER IMAGING AG.
"With ELVITEC, we are augmenting our portfolio with an optimally connected
distributor. At the same time, we are strengthening our presence in the
French market and our expertise for francophone countries. In short, we have
succeeded in acquiring an established provider that is simultaneously the
perfect complement for our Group," says Christof Zollitsch, CEO of STEMMER
IMAGING AG.
Both parties initially agreed not to disclose the purchase price.
About STEMMER IMAGING
STEMMER IMAGING is one of Europe's leading machine vision technology
providers for science and industry. With a perfect combination of innovative
products, expert advice and comprehensive service, STEMMER IMAGING helps
clients solve their machine vision tasks securely with speed and ease.
Experienced specialists can be contacted easily and are available to provide
advice locally in 19 European countries.
Clients of STEMMER IMAGING benefit from the combination of an exceptionally
wide variety of products from the world's leading manufacturers (e.g.
cameras, lenses, illumination products, machine vision systems, software).
Expert know-how gathered over many years help customers define the optimum,
most cost-effective combination of components. The company attaches
particular importance to the provision of solution-oriented services,
including feasibility studies, development services, training and
customer-focused support.
Contact:
STEMMER IMAGING AG
Astrid Sommerkamp
Marcom & Events Group Manager
Gutenbergstr. 9-13
82178 Puchheim, Germany
Tel.: +49 89 809020-221
[email protected]
www.stemmer-imaging.de
---------------------------------------------------------------------------
10.07.2018 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Archive at www.dgap.de
---------------------------------------------------------------------------
Language: English
Company: STEMMER IMAGING AG
Gutenbergstr. 9-13
82178 Puchheim
Germany
Phone: +49 (0)89 - 809020
E-mail: [email protected]
Internet: www.stemmer-imaging.com
ISIN: DE000A2G9MZ9
WKN: A2G9MZ
Listed: Regulated Unofficial Market in Berlin, Dusseldorf,
Frankfurt (Scale), Hamburg, Stuttgart, Tradegate Exchange
End of News DGAP News Service
---------------------------------------------------------------------------
703125 10.07.2018
|
Weitere Ad-hoc und Unternehmensrelevante Mitteilungen zu
STEMMER IMAGING AG ISIN: DE000A2G9MZ9 können Sie bei EQS abrufen
Inspektionssysteme , A2G9MZ , S9I , XETR:S9I