Balda AG

EANS-Adhoc: Balda AG
Balda purchases a plastics company in the US and strengthens its medical business (with document)

  ad-hoc disclosure pursuant to section 15 of the WpHG transmitted by euro
  adhoc with the aim of a Europe-wide distribution. The issuer is solely
  responsible for the content of this announcement.
Mergers - Acquisitions - Takeovers/Company Information

Ad hoc disclosure in accordance with §15 WpHG (German Securities Trading Act)

Balda purchases a plastics company in the US and strengthens its medical

Bad Oeynhausen, December 21, 2012 - Balda, a producer of high-quality plastic
products for the medical and electronics industries, has agreed the purchase of
a US plastics producer. Effective as of December 31, 2012, 100 percent of the
shares in C. Brewer Company, Anaheim, California, will be acquired. The
acquisition strengthens Balda's medical business, in line with the buy-and-
build strategy laid out for this business segment.

The C. Brewer Company specializes in precision injection-molded plastics and
the associated molds, in particular for customers from the medical and optical
industries and, moreover, from automotive and electronics industries. The
company was founded in 1966 and operates at three locations in California
(Anaheim, Irvine and Ontario). C. Brewer Co. employs around 500 people and
expects revenues of around USD 48 million (approx. EUR 37 million) for calendar
year 2012, along with clearly positive operating earnings (EBITDA). Around one-
third of its revenues come from medical customers, with roughly 50 percent
coming from optics.

The purchase price for the acquisition totals around EUR 33 million, including
the performance-related earn-out clause of EUR 3.8 million.  The purchase will
fully be financed with the existing liquidity of the Balda Group. The seller is
the family of the founders. The acquisition  marks the entry of Balda into the
strategically-important US market, where the company will have access to an
effective base for production in the future.

Attachments with Announcement:

Further inquiry note:
Frank Elsner
Frank Elsner Kommunikation für Unternehmen GmbH
49492 Westerkappeln
phone: +49 - 54 04 - 91 92 0

end of announcement                               euro adhoc 

Attachments with Announcement:

issuer:      Balda AG
             Bergkirchener Str.  228 
             D-32549 Bad Oeynhausen
phone:       +49 (0) 5734 9 22-0
FAX:         +49 (0) 5734  922-2747
sector:      Semiconductors & active components
ISIN:        DE0005215107
indexes:     CDAX, Prime All Share
stockmarkets: free trade: Berlin, München, Hamburg, Düsseldorf, Stuttgart,
             regulated dealing/prime standard: Frankfurt 
language:   English

Weitere Meldungen: Balda AG

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