DGAP-News: Nanostart AG Acquires Majority Stake in Holmenkol AG
(firmenpresse) - DGAP-News: Nanostart AG / Key word(s): Miscellaneous
Nanostart AG Acquires Majority Stake in Holmenkol AG
01.02.2012 / 06:00
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Nanostart AG Acquires Majority Stake in Holmenkol AG
Frankfurt / Heimerdingen - February 1, 2012 - Nanostart AG has acquired two
shares in its equity investment Holmenkol AG from co-shareholder Nanogate.
It now holds 50% plus one share, giving it a majority stake in Holmenkol.
The transaction was approved at the Annual General Meeting of Holmenkol on
December 9, 2011, and has now been carried out.
Marco Beckmann, CEO of Nanostart, commented: 'Nanostart has always been
convinced of the capabilities of Holmenkol, which is why we acted quickly
to exercise our preemption right.'
About Nanostart:
Nanostart AG headquartered in the German financial capital
of Frankfurt, is a leading nanotechnology investment company, with
portfolio companies spanning the globe from Silicon Valley to Singapore.
The company provides venture capital financing for nanotechnology companies
in various growth phases with a focus on innovation-driven industries of
the future such as cleantech, life sciences and IT/electronics. Through its
subsidiary Nanostart Asia and the venture capital fund in Singapore,
Nanostart is proud to be the investment partner of the Singaporean
government.
About Holmenkol:
Holmenkol AG is the oldest maker of ski wax in the world, and since 2002
has specialized exclusively in the development and worldwide marketing of
highly innovative and environmentally friendly sports coatings based on
state-of-the-art technology. In addition to ski wax, these include 19
patented impregnation products, detergents, coatings and polishes for all
types of activities in the sports and outdoors market. Holmenkol pays
special attention to performance, environmental compatibility and top
product quality. One of Holmenkol's key strategic focal points is the
fast-growing outdoor market. Holmenkol's sales network now covers 47
countries. Its product range is represented in all major sports retail
organizations at national and international level. A key feature of
Holmenkol is the fact that all its sports coatings are made in Germany. In
2004, Holmenkol was included in the top 100 most innovative medium-sized
companies in Germany. The NANOWAX product range was chosen as the no. 1
nanotechnology product of the year worldwide for 2003 by the business
magazine FORBES. Further information on the company and its products can be
found on its website, www.holmenkol.de
Disclaimer:
This notice constitutes neither an offer to sell nor a solicitation of
offers to purchase or subscribe to securities. There will be no public
offering of securities of Nanostart AG in conjunction with the existing
listing of its shares in the 'Entry Standard' segment of the regulated
unofficial market (Freiverkehr) on the Frankfurt Stock Exchange. This
notice does not constitute a securities prospectus. Neither this notice nor
the information contained within is intended for direct or indirect
distribution within Canada, Australia or Japan.
Media contact:
Nanostart AG
Dr. Hans Joachim Duerr
Head of Corporate Communications
Goethestrasse 26-28
D-60313 Frankfurt, Germany
phone: +49 (0)69-21 93 96 111
fax: +49 (0)69-21 93 96 150
e-mail: presse(at)nanostart.de
End of Corporate News
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154760 01.02.2012
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