Meyer Burger Technology Ltd (SIX Swiss Exchange: MBTN) increased today its share capital by issuing 163,000 registered shares out of the existing authorised share capital, in conjunction with the planned acquisition of Diamond Wire Technology LLC (DWT). The capital increase provides the partial acquittance of the purchase price for the acquisition of DWT.
For further information please contact:
Media Relations:
Werner Buchholz, Head of Group Communications
+41 33 439 05 06, w.buchholz@meyerburger.ch
Meyer Burger Technology Ltd is a leading and globally active technology group for innovative systems and processes for cutting and handling crystalline and other high-grade materials.
The machines, competences and technologies of the different companies in the group are used in the solar industry (photovoltaics), semi-conductor and optical industry. The thinnest wafers made from silicon, sapphire or other crystals are required in these three markets to manufacture solar modules, switching circuits or high-performance LEDs. The group’s core competences are made up of a whole range of production processes, machines and systems that are used within the value chain in the manufacture of high quality wafers. The comprehensive range of products is complemented by a worldwide service network with wear and tear parts, consumables, re-grooving service, process know-how, servicing, after-sales service, training and other services. As a globally active company, the group is represented in Europe, Asia and North America in the respective key markets.
Meyer Burger has its headquarters and the production facility of Meyer Burger Ltd in Switzerland. The group companies, Meyer Burger Automation GmbH, Hennecke Systems GmbH and AMB Apparate + Maschinenbau GmbH, have their headquarters and production facilities in Germany. The group also has subsidiaries and own service centres in Germany, Norway, China and Japan, which all are represented by its own staff on-site. In Taiwan and the USA, Meyer Burger works with independent sales and service partners that are part of Meyer Burger’s global service network. In other important countries the company relies on selected independent agents. Meyer Burger achieved net sales of CHF 213.4 million in the first half of 2009 and employed 635 staff worldwide as of 30 June 2009.
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