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Pfeiffer Vacuum Technology AG

EANS-News: Pfeiffer Vacuum Technology AG
Pfeiffer Vacuum closes acquisition of Adixen

Asslar, Germany (euro adhoc) -

• First integration measures are taken
    • Target confirmed to become a world leader in vacuum solutions
    • Closing has an impact on the 2010 balance sheet
  Corporate news transmitted by euro adhoc. The issuer/originator is solely
  responsible for the content of this announcement.
Mergers - Acquisitions - Takeovers/Company Information
Subtitle:     • First integration measures are taken
    • Target confirmed to become a world leader in vacuum solutions
    • Closing has an impact on the 2010 balance sheet
December 31, 2010. Pfeiffer Vacuum
Technology AG today closed the acquisition of Alcatel-Lucent´s Vacuum
Technology Unit "Adixen". The company had announced the intention to 
purchase Adixen on November 3, 2010. The purchase price totals 
approximately EUR 200 million on a debt/cash-free basis. In order to 
finance the deal, Pfeiffer Vacuum had generated about EUR 112 million
through a capital increase and the sale of treasury shares on 
November 18. The remaining part of the purchase price was funded 
through a bank loan.
Manfred Bender, Chief Executive Officer of Pfeiffer Vacuum Technology
AG, comments on the acquisition: "We are happy that the transaction 
is settled now. We already took first steps towards the integration 
of Adixen in the past weeks. Together with the management of Adixen 
we are convinced to become a world leader in vacuum solutions."
As the closing still takes place in 2010, the inclusion of Adixen for
the first time has an impact on the consolidated Pfeiffer Vacuum 
balance sheet while the consolidated profit and loss accounts is not 
affected.
About Pfeiffer Vacuum Pfeiffer Vacuum (Stock Exchange Symbol PFV, 
ISIN DE0006916604) is one of the world´s leading providers of vacuum 
solutions. Among a full range of hybrid- and magnetically levitated 
turbopumps, the portfolio comprises of backing pumps, measurement and
analysis devices, components, vacuum chambers and systems. Ever since
the invention of the turbomolecular pump by Pfeiffer Vacuum, the 
company has stood for innovative solutions and high-technology 
products that are used in the analytical segment, in research and 
development, environmental technology, chemistry, semiconductor 
production and coating technology, as well as in the automotive 
industry and any number of further sectors. Founded in 1890, Pfeiffer
Vacuum is today active throughout the world together with a workforce
of some 2,000 people as well as 28 subsidiaries. Further information 
is available at www.pfeiffer-vacuum.com.
end of announcement                               euro adhoc

Further inquiry note:

Brigitte Looß
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
Düsseldorf / free trade
Hannover / free trade
München / free trade

Plus de actualités: Pfeiffer Vacuum Technology AG
Plus de actualités: Pfeiffer Vacuum Technology AG