SUSS MicroTec completes sale of the MicroOptics division
EQS-News: SÜSS MicroTec SE
/ Key word(s): Mergers & Acquisitions
Garching, January 16, 2024 – SÜSS MicroTec SE yesterday successfully completed the sale of its Swiss subsidiary SUSS MicroOptics SA. With the closing of the transaction, the MicroOptics division is now part of Focuslight (HK) Investment Management Co. Ltd., a subsidiary of the Shanghai (China) listed company Focuslight Technologies Inc. SUSS MicroTec and Focuslight had agreed on the sale in November 2023. "We are pleased to close the transaction early in the new year. This allows all parties involved to concentrate on executing plans for 2024. SUSS MicroTec is now fully focused on its core semiconductor equipment business," says Burkhardt Frick, CEO of SÜSS MicroTec SE. Frick thanked the around 160 employees of SUSS MicroOptics for their great commitment to building up the company: "In recent years, our colleagues have consistently identified and pursued promising growth opportunities in new markets. We are convinced that they will be able to develop their full potential as part of Focuslight and wish them every success along the way."
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16.01.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG. |
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: | franka.schielke@suss.com |
Internet: | www.suss.com |
ISIN: | DE000A1K0235 |
WKN: | A1K023 |
Indices: | SDAX |
Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange |
EQS News ID: | 1815521 |
End of News | EQS News Service |
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1815521 16.01.2024 CET/CEST