Ad-hoc | 19 September 2005 08:24
Silicon Sensor Int. AG: Silicon Sensor took over 84 % of MPD GmbH
Ad hoc announcement §15 WpHG
Silicon Sensor took over 84 % of MPD GmbH
Silicon Sensor Int. AG: Silicon Sensor took over 84 % of MPD GmbH
Ad hoc announcement transmitted by DGAP.
The issuer is solely responsible for the content of this announcement.
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Silicon Sensor took over 84 % of MPD GmbH
September 19, 2005
By successfully taking over MPD GmbH Dresden, the Silicon Sensor Group reaches
a entirely new level on its way to became a global player for customized
sensor solutions.
In the late evening of September 16, 2005 Silicon Sensor Group took over the
Microelectronic Packaging Dresden GmbH, registered at the district court
Dresden under HRB 13726, from the Zentrum Mikroelektronik Dresden AG. In
comparison to Silicon Sensor, MPD is also a fast growing high-tech company.
Already about 40 % of the sales are generated from automobile industrie
supplying – an interesting field for Silicon Sensor.
The succsesfull acquisition of MPD GmbH is advantageous for the Silicon Sensor
Group in many ways: First Silicon Sensor will reach a higher stage of
production with the packaging capacities of MPD in the field of serial
production. Second MPD’s own sensor system solutions will widen our group
portfolio and put Silicon Sensor in the position to offer its own customized
packaging in the field of serial production, mainly for the automobile branch.
Third, Silicon Sensor’s business will benefit from MPD’s very good standing
with its customers for over 10 years. Fourth, the originated synergy effects
contribute to cost reductions. Together with MPD GmbH the Silicon Sensor Group
expects increased sales of about 30 Million Euro in 2006.
To finance the acquisition Silicon Sensor will carry out a capital increase.
The share price for the new shares will be EUR 9.90. Strong investors
guaranteed for the entire capital increase.
For more details visit http://www.silicon-sensor.com or call +49(0)30 – 63 99
23 99.
Silicon Sensor International AG
The Executive Board
Silicon Sensor International AG
Ostendstraße 1
12459 Berlin
Deutschland
ISIN: DE0007201907
WKN: 720190
Listed: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin-
Bremen, Düsseldorf, Hamburg, Hannover und Stuttgart
End of ad hoc announcement (c)DGAP 19.09.2005
190824 Sep 05