Accu Holding AG

EQS-Adhoc: Accu Holding AG: Further expansion in surface technology via acquisition


EQS Group-Ad-hoc: Accu Holding AG / Key word(s): Investment/Letter of Intent
Accu Holding AG: Further expansion in surface technology via acquisition

08.02.2016 / 17:40
Release of an ad hoc announcement pursuant to Art. 53 KR.
The issuer is solely responsible for the content of this announcement.

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Accu Holding announces add on acquisition in the core business surface
technology

-Accu signs framework agreement with 1C Industries Zug AG regarding the
acquisition of seven operations in the sector of heat treatment and thin-film
coating

-Estimated key figures of these operations for 2015 are: Sales of CHF 13.5
million; EBITDA of more than CHF 3 million with an EBITDA margin of 22 - 23
percent

-With this transaction Accu Group is completing its 5-year reindustrialization
plan

-Further acquisitions are planned and likely to be announced within the next 18
months

Emmenbrücke, February 8, 2016 - Accu Holding AG (Accu), a leading company in the
field of industrial yarns and surface technology, concluded a framework
agreement with 1C Industries Zug AG to purchase seven independent heat treatment
and thin-film coating service companies. With this acquisition Accu is
strengthening is surface technology division significantly.

For the fiscal year 2015 the operating entities to be acquired are expected to
show revenues in the amount of CH 13.5 million. The result before interest,
taxes and depreciation (EBITDA) should reach more than CHF 3 million (EBITDA
margin of 22 - 23 percent) and net income of CHF 1.3 million.  The net purchase
price for a 100 percent participation in these entities is expected to be in the
range of between CHF 5 - 7m. The transaction is subject to an independent
valuation.

With this transaction Accu is broadening its services along the value chain in
the field of heat treatment and thin-film coating services. The services of the
seven new operations are primarily geared toward the industrial tooling and
automotive sector and Accu has now an increased geographical presence in the
important markets such as Germany, Italy and Canada.

As part of this transaction, all relevant industrial participations of 1C
Industries Zug AG will be consolidated onto the Accu Group. In the future, there
are no further acquisitions envisaged with related parties. 1C Industries Zug AG
is owned by Marco Marchetti, CEO and Chairman of the Board of Directors as well,
through 1C Industries Zug AG, majority shareholder of Accu.

With his transaction the 5-year reindustrialization plan of Accu Holding AG
announced in 2011 will be completed. Opportunities to grow in attractive markets
are evaluated continuously and Accu is currently in negotiations for the
potential acquisition of further companies in the surface technology sector.


Contact:

Andreas Kratzer
Accu Holding AG
Gerliswilstrasse 17
6020 Emmenbrücke
a.kratzer@accuholding.ch
Phone +41 44 318 88 00

Accu Holding AG - Company Profile
The Accu Holding AG is listed on the SIX Swiss Exchange with its headquarter in
Emmenbrücke/Lucerne. It focuses on the two business areas 'Industrial Yarns' and
'Surface Technology' and investing in leading technology companies that operate
in attractive market niches in Europe, Asia and America. Industrial yarns
encompasses the development and manufacturing of yarns based on polymer and
polyamide. These yarns are used in applications such as mechanical rubber goods
(MRG) such as conveyor belts, hoses and transmission belts, as well as for the
production of ropes and nets used for example in the manufacture of airbags and
tires. The business unit of surface technology includes the equipment
manufacturer of heat treatment and coating equipment and the operation of heat
treatment shops and high-tech thin-coating centres of the latest generation.
These high-quality products are manufactured in Europe and the US for niche
markets in the automotive, aerospace, medical, petroleum, process and
manufacturing industries.

This communication contains forward-looking statements that may involve risks,
uncertainties and changes that are not predictable and are beyond the control of
Accu Holding AG. Accu Holding AG can therefore not have assertions as to the
accuracy of such forward-looking statements, their impact will be traded on the
financial circumstances of Accu Holding AG or the market in the shares and other
securities of Accu Holding AG. The economic projections and predictions
contained in this information relate to future facts. Search projections and
predictions are subject to risks, uncertainties and changes which cannot be
foreseen and which are beyond the control of Accu Holding AG. Accu Holding AG is
not in a position to THEREFORE make any representations as to the accuracy of
economic projections and predictions or Their impact on the financial situation
of Accu Holding AG or the market in the securities of Accu Holding AG.

End of ad hoc announcement

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Additional features:

Document:http://n.eqs.com/c/fncls.ssp?u=OFCHFJPMNJ
Document title: Ad Hoc HT-Acquisition

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08.02.2016 News transmitted by EQS Schweiz AG. www.eqs.com - news archive:
http://switzerland.eqs.com/de/News

The issuer is responsible for the contents of the release.
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Language: English

Company:  Accu Holding AG

          Gerliswilstrasse 17

          6021  Emmenbrücke

          Switzerland

Phone:    +41 44 318 88 00

Fax:      +41 44 318 88 02

E-mail:info@accuholding.ch

Internet: www.accuholding.ch

ISIN:     CH0001366332

Valor:    136633

Listed:   Foreign Exchange(s) SIX


End of News EQS Group News Service
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