Oerlikon will report the Vacuum Segment under “Discontinued Operations” in the 2015 full-year financial statements and will restate the 2014 accounts accordingly. The transaction is expected to close by middle of the year 2016, subject to regulatory merger approvals in a number of countries and the standard closing conditions. The transaction provides Oerlikon with a stronger position to invest in its leading businesses funding innovation, operational excellence as well as organic and inorganic growth opportunities. In 2014, the Segment generated sales of CHF 390 million and as of June 30, 2015, has 1646 employees worldwide.
The enterprise value for Oerlikon Leybold Vacuum is CHF 525 million. It will allow the Group to further allocate resources and management attention to its strategic growth areas. The divestment of its Vacuum Segment to Atlas Copco marks the thirteenth strategic transaction for the Group since 2010. Oerlikon advances its strategic agenda and continues to focus on streamlining its portfolio with the objective of further developing the company’s Best-in-Class businesses. As a pioneer of vacuum technology, we offer a wide range of vacuum components, standardized and fully customized vacuum solutions, complemented by vacuum technology. The sale was finalized in September 2016. Today, Leybold is recognized globally as a leader in industrial and high vacuum applications as well as for its strong engineering competences and next generation products. In 2015 Oerlikon announced the sale of the vacuum business to Swedish company Atlas Copco.
The transaction is based on an enterprise value of CHF 525 million and is expected to close by middle of the year 2016. In 2006, Leybold Vacuum GmbH was renamed to Oerlikon Leybold Vacuum as part of a group-wide renaming of all Group Segments. Oerlikon announced that it has signed an agreement to sell its Leybold Vacuum business to Atlas Copco.
0 kommentar(er)
