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08.11.2010 - Corporate

Roth & Rau takes over remaining 49 % of shares in joint venture SLS Solar Line Saxony GmbH

 

Roth & Rau AG / Key word(s): Miscellaneous08.11.2010 11:00---------------------------------------------------------------------------Roth & Rau takes over remaining 49 % of shares in joint venture SLS SolarLine Saxony GmbHHohenstein-Ernstthal, 08 November 2010 - Roth & Rau AG has taken over theremaining 49 % of the shares in SLS Solar Line Saxony GmbH (SLS) from USKKarl Utz Sondermaschinen GmbH (USK), Limbach-Oberfrohna, and now owns 100 %of the shares. The parties have agreed to maintain confidentialityconcerning the price.Roth & Rau and USK founded SLS in February 2008 as a joint venture tomanufacture products in the field of automation technology for use in solarcell production. 'Demand for inexpensive automation solutions is on theincrease, especially in Asian markets, where we currently generate almost90 % of our orders', commented Dr. Dietmar Roth, CEO of Roth & Rau AG. 'Wecan best meet these requirements by having bespoke in-house concepts forour systems at our disposal.'Furthermore, the Group is planning to pool its activities in the field ofautomation. Alongside SLS, OTB Solar, a subsidiary taken over in Februaryof this year, also has extensive expertise in this area, mainly offeringautomation solutions for loading and unloading OTB's DEPx antireflectivecoating systems and turnkey lines. Moreover, USK, previously the otherpartner in the joint venture, will also remain within Roth & Rau's innercircle of preferred suppliers of automation technology for its systems andturnkey lines.'The SLS takeover and integration of corresponding activities at OTB willenable us to enhance the integration of automation system development andproduction within our structures and production processes in future, thushelping us cut costs', explained company CFO Carsten Bovenschen. 'Afterall, cost-effective automation solutions for individual equipment andturnkey lines will also play a major role in the comprehensive cost andstructure optimisation programme we will be implementing at the entire Roth& Rau Group in the coming months.'About Roth & Rau AG:Roth & Rau AG, based in Hohenstein-Ernstthal, has been one of the world'sleading suppliers of production equipment and innovative productiontechnologies for the photovoltaics industry for more than 10 years now. Inits photovoltaics segment, Roth & Rau focuses on providing antireflectivecoating systems and turnkey production lines for use in the manufacture ofcrystalline silicon solar cells. Further products include thermalprocessing systems also used in the manufacture of crystalline siliconsolar cells, as well as coating systems and turnkey production lines forthe manufacture of thin film solar modules. Roth & Rau MicroSystems, asubsidiary located in the Wüstenbrand district, develops and producesprocess systems for plasma and ion beam enhanced thin film and surfaceprocessing methods tailored to customers' specific needs. The customersserved by this division particularly include companies in the semiconductorindustry, R&D departments in various other industrial sectors, researchinstitutes and universities. The portfolio of the Roth & Rau Group issupplemented by software products in the field of systems management,production monitoring and maintenance and service offerings.Contact:Roth & Rau AGProf. Dr. Silvia Roth Tel.: +49 (0) 3723/6685-333E-Mail: investor@roth-rau.de Haubrok Investor Relations GmbHSimone CujaiTel.: +49 (0) 211/17183537E-Mail: s.cujai@haubrok.de08.11.2010 Dissemination of a Corporate News, transmitted by DGAP - a company of EquityStory AG.The issuer is solely responsible for the content of this announcement.DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.Media archive at www.dgap-medientreff.de and www.dgap.de--------------------------------------------------------------------------- Language: EnglishCompany: Roth & Rau AG An der Baumschule 6-8 09337 Hohenstein-Ernstthal DeutschlandPhone: 03723 6685-0Fax: 03723 6685-100E-mail: info@roth-rau.deInternet: www.roth-rau.deISIN: DE000A0JCZ51WKN: A0JCZ5Indices: TecDAXListed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in München, Düsseldorf, Berlin, Stuttgart End of Announcement DGAP News-Service ---------------------------------------------------------------------------