STEMMER IMAGING

STEMMER IMAGING expands its international presence with acquisition of Spanish company Infaimon S.L.

STEMMER IMAGING AG / Key word(s): Takeover
STEMMER IMAGING expands its international presence with acquisition of Spanish company Infaimon S.L.

22-May-2019 / 15:07 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


Puchheim, 22 May 2019


STEMMER IMAGING expands its international presence with acquisition of Spanish company Infaimon S.L.

Puchheim, 22 May 2019 - STEMMER IMAGING AG (ISIN DE000A2G9MZ9/GSIN A2G9MZ), which is listed in the Prime Standard of the Frankfurt Stock Exchange, has signed an agreement today for the acquisition of the Spanish company Infaimon S.L. The purchase price for the 100% acquisition of the machine vision company is in the low tens of millions of euros.

The Management Board of STEMMER IMAGING AG expects the acquisition to result in an additional revenue contribution of around EUR 18 million and an EBITDA contribution of around EUR 3 million in the 2019/2020 financial year. Subject to approval by the antitrust authorities, consolidation is planned starting from 1 July 2019.

With this acquisition, STEMMER IMAGING is significantly expanding its presence in Europe and strengthening its service and technology portfolio.


Contact:
STEMMER IMAGING AG
Lena Vitzthum
Investor Relations
Gutenbergstr. 9-13
82178 Puchheim
Tel.: +49 89 80902-165
ir@stemmer-imaging.de
www.stemmer-imaging.de


22-May-2019 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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