DGAP-News: Kontron AG acquires majority stake in Swiss company DIGITAL-LOGIC AG
17.09.2009
Kontron AG / Miscellaneous
17.09.2009
Dissemination of a Corporate News, transmitted by
DGAP - a company of EquityStory AG.
The issuer / publisher is solely responsible for the content of this announcement.
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Product range rounded out by 78 percent stake in specialist for ruggedized
computers / 'Lucky Buy' bolsters applications in high-margin segments /
Sales and purchasing synergies to generate revenue and earnings growth
Eching, Munich, September 17, 2009. Kontron AG, one of the world's leading
providers of embedded computer technology, has acquired a stake in the
unlisted Swiss company DIGITAL-LOGIC AG, which is based in Solothurn,
Switzerland. As Kontron announced today, it has acquired 78 percent of the
shares in the manufacturer of embedded PCs and computer systems (annual
revenue of EUR 15 million, 100 employees), a takeover of 100 percent is
intended. The purchase price amounts to a mean single-digit figure in the
millions. 'The acquisition represents a lucky buy for us,' commented Ulrich
Gehrmann, Kontron's CEO. 'Our aim is to help this company, which is
currently not particularly present on a global basis, towards significant
revenue growth through further investments, and to raise DIGITAL-LOGIC's
EBIT margin to at least Kontron's level within a one year period.' This is
to be achieved through synergy effects: 'Kontron's strong global sales
network and better purchasing terms provide the best preconditions for
this,' Gehrmann went on to explain.
Kontron is strengthening its presence in the central European region as a
result of this investment, and anticipates further gains in market shares.
The compact systems also allow Kontron to access a new and complementary
technology, thereby supplementing its product portfolio in these
high-margin market segments. DIGITAL-LOGICAL is particularly specialized in
compact, ruggedized computers. These especially robust and compact
computers are used in highly sensitive applications in areas that tend to
be independent of the economic cycle such as government, transportation and
medical technology. 'These areas already command a share of revenue of
around 30 percent at Kontron,' Gehrmann stated. 'Despite the economic
crisis, we are experiencing rising demand for reliable and high performance
products in this area. DIGITAL-LOGIC allows us to strengthen our market
position in a rapidly consolidating environment.'
About Kontron
The Kontron Group develops and produces embedded computer systems at
various locations around the world. Embedded computers are 'electronic
brains' based on hardware and software that provide the most varied systems
and equipment with intelligence. Kontron AG employs more than 2,500 staff
members, of which over one third are engaged in the areas of research,
development and engineering. As a global manufacturer, Kontron is present
in the three main markets of North America, Europe, and increasingly in
China, Russia and Eastern Europe.
Investor Relations: Further information:
Gaby Moldan Dr. Udo Nimsdorf
Kontron AG Engel & Zimmermann AG
Oskar-von-Miller-Str. 1, Agentur für Wirtschaftskommunikation
D-85386 Eching Schloss Fußberg, Am Schlosspark 15,
Tel:+498165/77212,Fax+498165/77222 D-82131 Gauting
Tel: +4989-89 35 633,
Fax: +4989-89 39 84 29
Email: Gaby.Moldan@kontron.com Email: info@engel-zimmermann.de
17.09.2009 Financial News transmitted by DGAP
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Language: English
Company: Kontron AG
Oskar-von-Miller-Str. 1
85386 Eching
Deutschland
Phone: 08165-77-225
Fax: 08165-77-222
E-mail: martin.przybyla@kontron.com
Internet: www.kontron.com
ISIN: DE0006053952
WKN: 605395
Indices: TecDAX
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, München, Hannover, Düsseldorf, Hamburg, Stuttgart
End of News DGAP News-Service
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Kontron AG / Miscellaneous
17.09.2009
Dissemination of a Corporate News, transmitted by
DGAP - a company of EquityStory AG.
The issuer / publisher is solely responsible for the content of this announcement.
=--------------------------------------------------------------------------
Product range rounded out by 78 percent stake in specialist for ruggedized
computers / 'Lucky Buy' bolsters applications in high-margin segments /
Sales and purchasing synergies to generate revenue and earnings growth
Eching, Munich, September 17, 2009. Kontron AG, one of the world's leading
providers of embedded computer technology, has acquired a stake in the
unlisted Swiss company DIGITAL-LOGIC AG, which is based in Solothurn,
Switzerland. As Kontron announced today, it has acquired 78 percent of the
shares in the manufacturer of embedded PCs and computer systems (annual
revenue of EUR 15 million, 100 employees), a takeover of 100 percent is
intended. The purchase price amounts to a mean single-digit figure in the
millions. 'The acquisition represents a lucky buy for us,' commented Ulrich
Gehrmann, Kontron's CEO. 'Our aim is to help this company, which is
currently not particularly present on a global basis, towards significant
revenue growth through further investments, and to raise DIGITAL-LOGIC's
EBIT margin to at least Kontron's level within a one year period.' This is
to be achieved through synergy effects: 'Kontron's strong global sales
network and better purchasing terms provide the best preconditions for
this,' Gehrmann went on to explain.
Kontron is strengthening its presence in the central European region as a
result of this investment, and anticipates further gains in market shares.
The compact systems also allow Kontron to access a new and complementary
technology, thereby supplementing its product portfolio in these
high-margin market segments. DIGITAL-LOGICAL is particularly specialized in
compact, ruggedized computers. These especially robust and compact
computers are used in highly sensitive applications in areas that tend to
be independent of the economic cycle such as government, transportation and
medical technology. 'These areas already command a share of revenue of
around 30 percent at Kontron,' Gehrmann stated. 'Despite the economic
crisis, we are experiencing rising demand for reliable and high performance
products in this area. DIGITAL-LOGIC allows us to strengthen our market
position in a rapidly consolidating environment.'
About Kontron
The Kontron Group develops and produces embedded computer systems at
various locations around the world. Embedded computers are 'electronic
brains' based on hardware and software that provide the most varied systems
and equipment with intelligence. Kontron AG employs more than 2,500 staff
members, of which over one third are engaged in the areas of research,
development and engineering. As a global manufacturer, Kontron is present
in the three main markets of North America, Europe, and increasingly in
China, Russia and Eastern Europe.
Investor Relations: Further information:
Gaby Moldan Dr. Udo Nimsdorf
Kontron AG Engel & Zimmermann AG
Oskar-von-Miller-Str. 1, Agentur für Wirtschaftskommunikation
D-85386 Eching Schloss Fußberg, Am Schlosspark 15,
Tel:+498165/77212,Fax+498165/77222 D-82131 Gauting
Tel: +4989-89 35 633,
Fax: +4989-89 39 84 29
Email: Gaby.Moldan@kontron.com Email: info@engel-zimmermann.de
17.09.2009 Financial News transmitted by DGAP
=--------------------------------------------------------------------------
Language: English
Company: Kontron AG
Oskar-von-Miller-Str. 1
85386 Eching
Deutschland
Phone: 08165-77-225
Fax: 08165-77-222
E-mail: martin.przybyla@kontron.com
Internet: www.kontron.com
ISIN: DE0006053952
WKN: 605395
Indices: TecDAX
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, München, Hannover, Düsseldorf, Hamburg, Stuttgart
End of News DGAP News-Service
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