DGAP-Adhoc: Nanogate SE Intends to Continue its Course of Expansion With Further Acquisition and to Extend its Global Market Position

2017. november 20., hétfő, 20:15

DGAP-Ad-hoc: NANOGATE SE / Key word(s): Investment

Nanogate SE Intends to Continue its Course of Expansion With Further Acquisition and to Extend its Global Market Position

20-Nov-2017 / 20:15 CET/CEST

Disclosure of an inside information acc. to Article 17 MAR, transmitted by DGAP - a service of EQS Group AG.

The issuer is solely responsible for the content of this announcement.

Nanogate SE Intends to Continue its Course of Expansion With Further Acquisition and to Extend its Global Market Position

Göttelborn, November 20, 2017. Nanogate SE, a leading global specialist for design-oriented high-tech surfaces and components, is continuing its growth strategy and has today agreed the acquisition of the plastics division of the Austrian company HTI High Tech Industries AG. As a result, Nanogate intends to further expand its strong market position in the area of high-quality plastic components and surfaces and also to strengthen its internationalization. As a result of the transaction, Group sales in 2018 are set to increase to over EUR 220 million, while the operating result (consolidated EBITDA) is set to increase further, despite transaction and integration costs.

The purchase price will be paid exclusively in shares as part of a non-cash capital increase in the amount of 275,000 shares. HTI will immediately transfer the stake to an affiliate of QInvest LLC, which intends to hold the shares for the long term. An affiliate of QInvest LLC is already a financing partner of HTI. In addition, QInvest intends to provide financial support for Nanogate"s further growth. Closing of the planned transaction is expected to take place in the first quarter of 2018.

Expansion of the Non-Automotive Business and Further Internationalization

After completion of the transaction, Nanogate will fully integrate the subsidiaries HTP Slovakia (Vráble, Slovakia) and HTP Electronics (Neudörfl, Austria) into the Nanogate Group. The two companies have a combined total of around 350 employees. In addition, Nanogate will acquire HTP Austria (Fohnsdorf, Austria) as part of a strategic partnership with QInvest (including a later purchase option).

In addition to many years of experience in the automotive business, HTP Slovakia also has a strong non-automotive business with first-class references. Nanogate is benefiting from a new, high-performing and, at the same time, cost-efficient location, as well as from the geographical expansion toward Eastern Europe. HTP Electronics is a leading provider of special plastic components, with a product focus outside the automotive environment. The production of high-precision and microcomponents, also for electronic applications, is highly automated. The unit has high development capabilities and will, in the future, collaborate with the Nanogate Group, for example on new hybrid solutions requiring the combination of electronics, metal and plastics expertise. Future strategic partner HTP Austria is specialized in the production of lightweight components for the automotive industry and, in the future, can take over secondary and supplementary manufacturing steps for the Nanogate Group.

Sales Increase to More Than EUR 220 Million Expected in 2018

Depending on the closing date, Nanogate anticipates a likely additional sales contribution of over EUR 30 million in the next fiscal year. Despite significant transaction and integration costs, the new units are set to make an initial positive contribution to consolidated EBITDA in 2018. On this basis, Nanogate expects a rise in Group sales to over EUR 220 million in the 2018 fiscal year. Despite significant transaction and integration costs, the operating result (consolidated EBITDA) is expected to increase further, while depreciation and financing costs will initially negatively impact consolidated net income. Alongside the transaction, Nanogate is pushing forward with its announced innovation program, seeking to extend its technology leadership. The order and product mix will also be further optimized across the Group.



Information and Explanation of the Issuer to this News:

Further information can be found in the press release also published today.

Nanogate on Twitter: http://twitter.com/nanogate_se

If you have any queries, please contact:

Christian Dose (financial press and investors)

WMP Finanzkommunikation GmbH

Tel. +49-69-577-030-021


Juliane Wernet

Nanogate SE

Tel. +49-6825-9591-223


Zum Schacht 3

66287 Göttelborn, Germany



Nanogate SE:

Nanogate (ISIN DE000A0JKHC9) is a leading global specialist for design-oriented high-tech surfaces and components of very high optical quality. The Group employs around 1,200 people. Nanogate develops and produces design-oriented surfaces and components and enhances them with additional properties (e.g. nonstick, scratchproof, anticorrosive).

The Group has first-class references (e.g. Airbus, Audi, August Brötje, BMW, BSH Hausgeräte, Daimler, FILA, Ford, Fresenius, GM, Jaguar, Junghans, Porsche and Volkswagen). Several hundred mass production projects for customers have already been implemented successfully. The Nanogate Group is represented on both sides of the Atlantic with its own production facilities. The Group comprises Nanogate Eurogard Systems B.V., Nanogate GfO Systems AG, Nanogate Industrial Systems GmbH, Nanogate Textile & Care Systems GmbH, Nanogate Glazing Systems B.V., Nanogate PD Systems GmbH and Nanogate Vogler Systems GmbH, as well as majority stakes in Nanogate Goletz Systems GmbH and U.S. company Nanogate Jay Systems LLC. It also has sales companies in the U.S. and Turkey.

True to its slogan "A world of new surfaces," Nanogate is a long-standing innovation partner who opens up the diverse possibilities offered by new materials to companies in a wide range of industries. It aims to improve customers" products and processes and to provide environmental benefits by using multifunctional surfaces, such as those made of plastic or metal, and innovative plastic components. The Group concentrates on attractive sectors such as automotive/transport, mechanical/plant engineering, buildings/interiors and sport/leisure. As a systems provider, Nanogate offers the entire value chain materials development for surface systems, series coating of various different substrates as well as the production and enhancement of complete plastic components. The main value drivers are the opening up of international markets, the development of new applications for the strategic growth areas Advanced Polymers (innovative plastics) and Advanced Metals (innovative metal enhancements) as well as external growth.


This publication constitutes neither an offer to sell nor an invitation to buy securities. The shares in Nanogate SE (the "Shares") may not be offered or sold in the United States or to or for the account or benefit of "U.S. persons" (as such term is defined in Regulation S under the U.S. Securities Act of 1933, as amended (the "Securities Act")). No offer or sale of transferable securities is being made to the public.

20-Nov-2017 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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Language: English

Zum Schacht 3

66287 Göttelborn

Phone: +49 (0)6825/95 91 0
Fax: +49 (0)6825/95 91 852
E-mail: nanogate@wmp-ag.de
Internet: www.nanogate.de
Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Scale), Munich, Stuttgart, Tradegate Exchange

End of Announcement DGAP News Service

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