Pfeiffer Vacuum Technology AG

EANS-News: Pfeiffer Vacuum Technology AG
Pfeiffer Vacuum to Streamline its Presence in Japan

• Long-term partner Hakuto to purchase Japanese adixen unit • Complete vacuum solutions and strong service capability from a single source in Japan • “One-face-to-the-customer” strategy strengthened

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Global Expansion/Strategic management decisions

Subtitle: • Long-term partner Hakuto to purchase Japanese adixen unit

• Complete vacuum solutions and strong service capability from a single
      source in Japan
    • “One-face-to-the-customer” strategy strengthened 

Aßlar (euro adhoc) - Pfeiffer Vacuum Technology AG today agreed with its long-term partner Hakuto Co., Ltd. on a 100 percent stock transfer of its Japanese subsidiary adixen Japan Ltd. The transfer of ownership is planned to take place in the coming weeks. This transaction is part of the process to streamline the presence of Pfeiffer Vacuum in Japan and to optimize its structure.

Hakuto Co., Ltd. has been the sole representative of Pfeiffer Vacuum products in Japan for several decades. The company very successfully pursues the Pfeiffer Vacuum approach of offering its customers complete vacuum solutions rather than individual products. Through this cooperation, Pfeiffer Vacuum has achieved a strong market position, particularly in the analytical and R & D market segments. adixen Japan Ltd. offers adixen vacuum products, mainly backing pumps and leak detectors, predominantly for the Japanese semiconductor, flat panel display (FPD), LED and solar markets. adixen vacuum products are well known for their technological leadership. From now on, Hakuto is to focus not only on combining Pfeiffer Vacuum and adixen products to realize the best vacuum solutions, but also to set up its own service center for maintenance and after-sales support.

Dr. Matthias Wiemer, COO and Management Board Member of Pfeiffer Vacuum Technology AG: "In Japan, we rely on Hakuto´s vast experience and loyalty. Through this deal we ensure that we live up to our standard of maintaining one face to the customer in every country in which we operate. We believe that this is a further step on our way to becoming the world leader in vacuum solutions."

Mr. Ryusaburo Sugimoto, President & Representative Director of Hakuto Co., Ltd.: "First of all I would like to express our sincere appreciation to Pfeiffer Vacuum for giving us an opportunity to market adixen products in Japan. We are fully confident of our ability to expand sales of adixen products on the basis of our extensive customer database and long experience in the Japanese vacuum market. It will be another major step toward increasing both Pfeiffer Vacuum´s and Hakuto's presence in the market and will also strengthen our mutual relationship."

About Hakuto Co., Ltd. Since its establishment in 1953 as an engineering trading company, Hakuto has been instrumental in delivering the latest information and cutting-edge technologies to our valued customers. Hakuto Co,. Ltd. is listed on the Tokyo Stock Exchange 1st division (Stock Code 7433) and trades in electronic equipment, components, parts, and semiconductors for various markets including automotive, cellular phone, PC, R&D, and analysis. In addition to its trading function, Hakuto also manufactures industrial chemical products featuring unique technology for the petrochemical, paper production, and cosmetic industries. The company group employs around 1,400 staff and has 15 subsidiaries.

About Pfeiffer Vacuum Pfeiffer Vacuum (Stock Exchange symbol PFV, ISIN DE0006916604) is a leading supplier of vacuum solutions worldwide. Besides a full range of hybrid and magnetic bearing turbo pumps, our portfolio includes backing pumps, measurement and analysis tools and components as well as vacuum chambers and systems. Since introducing the turbomolecular pump, Pfeiffer Vacuum has been known for innovative solutions and high-tech products in the analytics sector, in research and development, environmental technology, chemistry, semiconductor production and vacuum coating technologies as well as in the automotive industry and numerous other sectors. Founded in 1890, Pfeiffer Vacuum today operates all over the world. The company employs around 2,300 staff and has 28 subsidiaries. For more information, visit www.pfeiffer-vacuum.com.

end of announcement                               euro adhoc
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company:     Pfeiffer Vacuum Technology AG
          Berliner Str.  43
          D-35614 AĂźlar
phone:       +49 (6441) 802-0
FAX:         +49 (6441) 802-202
mail:     info@pfeiffer-vacuum.de
WWW:      http://www.pfeiffer-vacuum.de
sector:      Machine Manufacturing
ISIN:        DE0006916604
indexes:     TecDAX, CDAX, HDAX, Prime All Share, DAXsector All Industrial
stockmarkets: regulated dealing/prime standard: Frankfurt, free trade: Berlin,
          Hamburg, Stuttgart, DĂĽsseldorf, Hannover, MĂĽnchen
language: English 

Contact:

Brigitte LooĂź
Leiterin Investor Relations
Tel.: +49 (6441) 802-346
E-Mail: Brigitte.Loos[at]pfeiffer-vacuum.de

Branche: Machine Manufacturing
ISIN: DE0006916604
WKN: 691660
Index: TecDAX, CDAX, HDAX, Prime All Share, DAXsector All Industrial
Börsen: Frankfurt / regulated dealing/prime standard
Berlin / free trade
Hamburg / free trade
Stuttgart / free trade
DĂĽsseldorf / free trade
Hannover / free trade
MĂĽnchen / free trade



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