DGAP-News: Roth&Rau takes over remaining 49 % of shares in joint venture SLS Solar Line Saxony GmbH
(firmenpresse) - Roth&Rau AG / Key word(s): Miscellaneous
08.11.2010 11:00
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Roth&Rau takes over remaining 49 % of shares in joint venture SLS Solar
Line Saxony GmbH
Hohenstein-Ernstthal, 08 November 2010 - Roth&Rau AG has taken over the
remaining 49 % of the shares in SLS Solar Line Saxony GmbH (SLS) from USK
Karl Utz Sondermaschinen GmbH (USK), Limbach-Oberfrohna, and now owns 100 %
of the shares. The parties have agreed to maintain confidentiality
concerning the price.
Roth&Rau and USK founded SLS in February 2008 as a joint venture to
manufacture products in the field of automation technology for use in solar
cell production. 'Demand for inexpensive automation solutions is on the
increase, especially in Asian markets, where we currently generate almost
90 % of our orders', commented Dr. Dietmar Roth, CEO of Roth&Rau AG. 'We
can best meet these requirements by having bespoke in-house concepts for
our systems at our disposal.'
Furthermore, the Group is planning to pool its activities in the field of
automation. Alongside SLS, OTB Solar, a subsidiary taken over in February
of this year, also has extensive expertise in this area, mainly offering
automation solutions for loading and unloading OTB's DEPx antireflective
coating systems and turnkey lines. Moreover, USK, previously the other
partner in the joint venture, will also remain within Roth&Rau's inner
circle of preferred suppliers of automation technology for its systems and
turnkey lines.
'The SLS takeover and integration of corresponding activities at OTB will
enable us to enhance the integration of automation system development and
production within our structures and production processes in future, thus
helping us cut costs', explained company CFO Carsten Bovenschen. 'After
all, cost-effective automation solutions for individual equipment and
turnkey lines will also play a major role in the comprehensive cost and
structure optimisation programme we will be implementing at the entire Roth&Rau Group in the coming months.'
About Roth&Rau AG:
Roth&Rau AG, based in Hohenstein-Ernstthal, has been one of the world's
leading suppliers of production equipment and innovative production
technologies for the photovoltaics industry for more than 10 years now. In
its photovoltaics segment, Roth&Rau focuses on providing antireflective
coating systems and turnkey production lines for use in the manufacture of
crystalline silicon solar cells. Further products include thermal
processing systems also used in the manufacture of crystalline silicon
solar cells, as well as coating systems and turnkey production lines for
the manufacture of thin film solar modules. Roth&Rau MicroSystems, a
subsidiary located in the Wüstenbrand district, develops and produces
process systems for plasma and ion beam enhanced thin film and surface
processing methods tailored to customers' specific needs. The customers
served by this division particularly include companies in the semiconductor
industry, R&D departments in various other industrial sectors, research
institutes and universities. The portfolio of the Roth&Rau Group is
supplemented by software products in the field of systems management,
production monitoring and maintenance and service offerings.
Contact:
Roth&Rau AG
Prof. Dr. Silvia Roth
Tel.: +49 (0) 3723/6685-333
E-Mail: investor(at)roth-rau.de
Haubrok Investor Relations GmbH
Simone Cujai
Tel.: +49 (0) 211/17183537
E-Mail: s.cujai(at)haubrok.de
08.11.2010 Dissemination of a Corporate News, transmitted by DGAP -
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The issuer is solely responsible for the content of this announcement.
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Language: English
Company: Roth&Rau AG
An der Baumschule 6-8
09337 Hohenstein-Ernstthal
Deutschland
Phone: 03723 6685-0
Fax: 03723 6685-100
E-mail: info(at)roth-rau.de
Internet: www.roth-rau.de
ISIN: DE000A0JCZ51
WKN: A0JCZ5
Indices: TecDAX
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in München, Düsseldorf, Berlin, Stuttgart
End of Announcement DGAP News-Service
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Datum: 08.11.2010 - 11:00 Uhr
Sprache: Deutsch
News-ID 32512
Anzahl Zeichen: 0
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Kategorie:
Business News
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