Tecan successfully completes the acquisition of Sias

Tecan successfully completes the acquisition of Sias

ID: 436419

(Thomson Reuters ONE) -
Tecan Group AG /
Tecan successfully completes the acquisition of Sias
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The issuer is solely responsible for the content of this announcement.

Männedorf, Switzerland, November 30, 2015 - The Tecan Group (SIX Swiss Exchange:
TECN) announced today that it has successfully completed the acquisition of Sias
to further expand its Partnering Business. On October 27, 2015, Tecan announced
that it had reached agreement with the majority shareholders of Sias to acquire
Sias AG, a leading OEM supplier of a wide range of modular and complete
laboratory automation solutions. From December 1, 2015, Sias will be included in
the consolidated financial statements of the Tecan Group as a part of the
Partnering Business segment.


About Tecan
Tecan (www.tecan.com) is a leading global provider of laboratory instruments and
solutions in biopharmaceuticals, forensics and clinical diagnostics. The company
specializes in the development, production and distribution of automated
workflow solutions for laboratories in the life sciences sector. Its clients
include pharmaceutical and biotechnology companies, university research
departments, forensic and diagnostic laboratories. As an original equipment
manufacturer (OEM), Tecan is also a leader in developing and manufacturing OEM
instruments and components that are then distributed by partner companies.
Founded in Switzerland in 1980, the company has manufacturing, research and
development sites in both Europe and North America and maintains a sales and
service network in 52 countries. In 2014, Tecan generated sales of
CHF 400 million (USD 437 million; EUR 331 million). Registered shares of Tecan
Group are traded on the SIX Swiss Exchange (TECN; ISIN CH0012100191).


For further information:

Tecan Group




Martin Brändle
Vice President, Communications & Investor Relations
Tel. +41 (0) 44 922 84 30
Fax +41 (0) 44 922 88 89
investor(at)tecan.com
www.tecan.com

Press Release:
http://hugin.info/100384/R/1970274/720287.pdf



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[HUG#1970274]




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Bereitgestellt von Benutzer: hugin
Datum: 30.11.2015 - 17:45 Uhr
Sprache: Deutsch
News-ID 436419
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