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    DGAP-News  473  0 Kommentare Nanogate increases equity holding in Plastic-Design



    NANOGATE AG  / Key word(s): Acquisition

    09.01.2013 10:44

    Dissemination of a Corporate News, transmitted by DGAP - a company of
    EquityStory AG.
    The issuer / publisher is solely responsible for the content of this announcement.




    Nanogate increases equity holding in Plastic-Design

    Shareholding climbs to 76 % - EUR 1.2 million increase in equity secures
    investments - Construction for the new glazing centre of excellence already
    begun

    Göttelborn, Germany, 9 January 2013. Nanogate AG (ISIN DE000A0JKHC9), the
    leading international integrated systems provider for high-performance
    surfaces, has increased its equity holding in Plastic-Design GmbH from 35 %
    to 76 % due to the attractive prospects in the market and advances in the
    field of glazing. This goes hand in hand with a EUR 1.2 million increase in
    equity at Plastic-Design. The new funds will primarily be invested in
    opportunities for further growth and in enhancing our expertise in the
    attractive market for glazing applications. In addition, Nanogate holds a
    call option on the remaining shares.

    Nanogate acquired a 35 % equity holding in Plastic-Design, based in Bad
    Salzuflen, in early November 2012. The company is one of Europe´s leading
    plastics processors and has a proprietary technology portfolio for
    optically sophisticated components. It is also considered to be a
    trailblazer in the growth market of glazing. Even before the acquisition,
    Plastic-Design and Nanogate subsidiary GfO had been working together.
    Eurogard, another Nanogate equity holding, is already present in the
    glazing market as a specialist in applications based on two-dimensional
    source materials. The new centre of excellence in Bad Salzuflen will bring
    together all the expertise in materials, high-end plastics processing and
    subsequent surface enhancement for use in highly sophisticated glazing
    applications. This applies to both transparent as well as coloured glazing
    components. Construction of the necessary facilities has already begun.

    Nanogate is expecting a noticeable phase of growth as early as the current
    financial year as a result of this broadly based, integrated systems
    expertise in the growth market for glazing. Among the biggest customers
    today are well-known car manufacturers, mostly from the premium segment.
    High-end plastics offer greater scope when designing high-quality
    components. Weight reductions of up to 50 % are also possible, which lead
    to lower fuel consumption, amongst other things. In glazing, Nanogate sees
    a relevant market potential in the three-figure million euro range.

    With Nanogate boosting its share in the company, equity at Plastic-Design
    GmbH is also increasing by EUR 1.2 million. The funds will be used to
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    DGAP-News Nanogate increases equity holding in Plastic-Design NANOGATE AG  / Key word(s): Acquisition09.01.2013 10:44Dissemination of a Corporate News, transmitted by DGAP - a company ofEquityStory AG.The issuer / publisher is solely responsible for the content of this announcement.Nanogate increases equity …