DGAP-News: exceet Group SE: exceet acquires electronics specialist as electronics
(firmenpresse) - DGAP-News: exceet Group SE / Key word(s): Acquisition/Mergers&Acquisitions
exceet Group SE: exceet acquires electronics specialist as electronics
25.05.2012 / 08:00
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exceet acquires electronics specialist as electronics
- Expansion and reinforcement of development expertise for intelligent
controls in the electronic components, modules&systems (ECMS)
division
- Attractive customer portfolio mainly consisting of small and medium
sized OEMs with leading market positions
Luxembourg, May 25, 2012 - With the acquisition of as electronics, exceet
Group SE, a leading provider of embedded electronics and security
solutions, has expanded its engineering and development expertise in the
electronics sector, especially in the medtec and industrial automation
industries. As part of the exceet group, as electronics will in future
benefit from efficient and flexible production capabilities within the
group.
Based in Großbettlingen near Stuttgart and founded in 1995, the company is
a recipient of the Innovation Prize of the state of Baden-Württemberg and
one of the leading providers of intelligent control and automation systems.
as electronics is strongly oriented towards technology design and
engineering. The company outsources the subsequent production to external
partners. This enables as electronics to manage the entire product life
cycle of a customised product for its mainly small and medium sized
enterprise customers as a full service provider. Typical customer products
are complex electronic components, assemblies and systems which are used as
intelligent control and automation modules in medical technology, equipment
construction, mechanical engineering and building technology as well as
environmental, measurement and control technology.
as electronics covers the entire value chain from planning, development and
prototype construction, procurement and production to quality control and
logistics. Turnover 2011 was about 18 million Euros. The company currently
employs some 70 employees.
'The clear focus of as electronics on customised engineering, combined with
flexible and cost-efficient overall value creation, fits in ideally within
our electronics division. Concentration on technologically demanding and
customised products is at the heart of our business model and with this
acquisition we will further reinforce the turnover and sales capacity of
our group,' Ulrich Reutner, CEO of exceet Group, said as rationale of the
step. Holger Wußmann, CEO of as electronics, added: 'Despite challenging
overall economic developments, our company has grown 15% p.a. over the last
three years. Thanks to the integration into the larger organisation of
exceet Group, we will be able to realise many synergies in development and
production and continue our expansion.'
More Information:
Fabian Rau, Vice President Investor Relations
E-mail: f.rau(at)exceet.ch
Telephone: +41 (0)79 3125998
ISIN LU0472835155 (public shares), Regulated Market, Prime Standard,
Frankfurt/Main
ISIN LU0472839819 (equity warrants), Regulated Market, General Standard,
Frankfurt/Main
End of Corporate News
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Language: English
Company: exceet Group SE
114, avenue Gaston Diderich
L-1420 Luxemburg
Grand Duchy of Luxembourg
Phone: +352 2600 3181
Fax: +352 2600 3133
E-mail: info(at)exceet.ch
Internet: www.exceet.ch
ISIN: LU0472835155, LU0472839819
WKN: A0YF5P, A1BFHT
Listed: Regulierter Markt in Frankfurt (Prime Standard);
Freiverkehr in München
End of News DGAP News-Service
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