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Manz AG Steigäckerstraße 5 72768 Reutlingen, Germany http://www.manz.com
Contact Ms Birte-Christina Benecke +49 7121 900021
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Manz AG

Manz Automation AG submits offer for Taiwan-based Intech Machines Co. Ltd.

Acquisition offer with an anticipated volume of around EUR 26 million / Significant expansion of production capacity and product range for LCD and solar / Further reinforcement of position on Asian market

(PresseBox) (Reutlingen, )
Manz Automation AG, one of the world's leading producers of automation, quality assurance and laser process technology systems for the photovoltaic and LCD industry, has published an acquisition offer for Intech Machines Co., Ltd., a company listed in Taiwan. Manz Automation plans to acquire an equity interest of at least 51% in this Asian mechanical and plant engineering company by the middle/end of March.
Manz Automation had already made an advance agreement with a major investor to acquire a 27% interest in Intech Machines Co., Ltd. The transaction is anticipated to have a total volume of around EUR 26 million.

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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.