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Suss MicroTec Buys HamaTech

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GARCHING & MUNICH, Germany, Jan. 13, 2010 – Suss MicroTec AG has concluded contract negotiations to acquire HamaTech APE GmbH & Co. KG for €9 million ($13 million). The transaction is set to be completed this month. Both parties have signed a corresponding purchase agreement, which stipulates a purchase price of €4.5 million ($6.5 million) plus a further €4.5 million for the acquisition of the land and company building at the Sternenfels production site. A comprehensive term sheet for the acquisition was signed Dec. 6, 2009. HamaTech APE, a wholly owned subsidiary of Singulus Technologies AG, is a developer of photomasks...Read full article

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