DGAP-News

NANOGATE AG Acquires Entirety of Nanogate PD Systems Subsidiary

DGAP-News: NANOGATE AG / Key word(s): Investment NANOGATE AG Acquires Entirety of Nanogate PD Systems Subsidiary 17.01.2017 / 11:07 The issuer is solely responsible for the content of this announcement. Nanogate AG, a leading global specialist for design-oriented high-tech surfaces and components, is continuing its course of expansion and has now fully acquired its Nanogate PD Systems GmbH subsidiary. Nanogate initially took over 35 percent of the plastics specialist in 2012 and has since successively increased its equity holding in view of the favorable economic development. The purchase price is in the low single-digit million range. The subsidiary is already fully consolidated.

Ralf Zastrau, CEO of Nanogate AG, commented: "Our subsidiary is a great
success story. Since our involvement, sales have more than tripled, and
profitability has also improved considerably. In the future, we also expect
a strong performance and great interest in our innovative glazing
components that are produced and enhanced in Bad Salzuflen. That is why we
have now decided, in accordance with our strategic focus, to also acquire
the remaining shares in Nanogate PD Systems."

Within the Nanogate Group, Nanogate PD Systems GmbH (formerly
Plastic-Design GmbH) is the center of excellence for the integrated
production and design-oriented, multifunctional coating of glazing
components. The Group has repeatedly expanded its capacities in light of
the strong demand for innovative plastics with glass-like properties. The
components are primarily supplied to premium automobile manufacturers, both
in Europe as well as in the US and Asia.

Nanogate AG:

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 1,100 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, Fresenius, Jaguar, Junghans, Porsche,