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SUSS MicroTec announces merger of two subsidiaries

eqs_en 
0 0 06.05.22
SUSS MicroTec announces merger of two subsidiaries: http://s3-eu-west-1.amazonaws.com/sharewise-dev/attachment/file/24072/S%C3%BCss_Microtec_logo.svg.png
 


DGAP-Media / 06.05.2022 / 10:31

Garching and Sternenfels, May 6, 2022 – On May 5, 2022, SÜSS MicroTec SE, a leading supplier of equipment and process solutions for the semiconductor industry, has completed the merger of its subsidiary SUSS MicroTec Lithography GmbH into SUSS MicroTec Photomask Equipment GmbH & Co. KG. With the merger, SUSS MicroTec Photomask Equipment GmbH & Co. KG changes its company name to SUSS MicroTec Solutions GmbH & Co. KG.

Both companies focus on providing equipment and solutions for the semiconductor industry and related markets. Beyond the strategic advantages, significant synergy effects are expected from their merger.
The registered office of the new company remains Ferdinand-von-Steinbeis-Ring 10, 75447 Sternenfels, Germany. The VAT ID and the commercial register number of the former SUSS MicroTec Photomask Equipment GmbH & Co. KG remain unchanged as well.

“The merger is an important step entirely in line with the SUSS MicroTec Group's one-face-to-the-customer positioning. For our customers, this unification and simplification of internal structures brings only advantages, especially in communication with SUSS MicroTec,” says Oliver Albrecht, CFO of SÜSS MicroTec SE. “By merging the two subsidiaries, we expect to make our company more efficient in the long term in order to support the challenging growth course with more streamlined and lean processes. Ultimately, this will lead to an acceleration and increase in productivity for the company.”

SUSS MicroTec Solutions GmbH & Co. KG is the legal successor of SUSS MicroTec Lithography GmbH, all contracts are therefore automatically transferred to SUSS MicroTec Solutions GmbH & Co. KG.


Contact:
Hosgör Sarioglu-Zoberbier, Tel: +49 89 32007 397
Email: [email protected]



End of Media Release

Issuer: SÜSS MicroTec SE
Key word(s): Enterprise

06.05.2022 Dissemination of a Press Release, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de
Language: English
Company: SÜSS MicroTec SE
Schleissheimer Strasse 90
85748 Garching
Germany
Phone: +49 (0)89 32007-161
Fax: +49 (0)89 4444 33420
E-mail: [email protected]
Internet: www.suss.com
ISIN: DE000A1K0235
WKN: A1K023
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1345931

 
End of News DGAP Media

1345931  06.05.2022 

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Süss MicroTec SE Stock

€61.00
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Süss MicroTec SE shows a slight decrease today, losing -€0.600 (-0.970%) compared to yesterday.
The stock is an absolute favorite of our community with 23 Buy predictions and no Sell predictions.
With a target price of 83 € there is a positive potential of 36.07% for Süss MicroTec SE compared to the current price of 61.0 €.
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