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Komax Holding AG: Sale agreement signed for Komax Medtech

r Komax Medtech.
Processed and transmitted by NASDAQ OMX Corporate Solutions. The issuer is
solely responsible for the content of this announcement.
Today Komax has signed a sale agreement for Komax Medtech with GIMA, a
subsidiary of the Italian IMA Group. As a result of the sale, Komax Medtech
will pass into the hands of a well managed, strategic purchaser with a long
track record in mechanical and systems engineering. The transaction, which is
worth around CHF 28 million, includes the entire equity of Komax Systems LCF
SA, Switzerland, the entire equity of Komax Systems Rockford Inc., USA and
76% of the equity of Komax Systems Malaysia Sdn. Bhd., Malaysia. The deal
also includes an earnout of CHF 6.0 million (maximum) and a further CHF 2.0
million for the purchase of the remaining 24% of Komax Systems Malaysia's
equity. The transaction is subject to the approval of the relevant
competition authorities.

N+1 Swiss Capital, Zurich and Walder Wyss attorneys at law, Zurich, advised
Komax Holding AG on the transaction.

| For further information, please contact: |
| Marco Knuchel Phone +41 41 455 06 16 |
| Head Investor Relations / Corporate Communications |
The Komax Group is a global technology company that focuses on markets in the
automation sector. As a leading manufacturer of innovative and high-quality
solutions for the wire processing industry and systems for the assembly of
self-medication instruments, Komax helps its customers implement economical
and safe manufacturing processes, especially in the automotive supply and
pharmaceutical sectors. The Komax Group employs around 1 600 people worldwide
and provides sales and service support via subsidiaries and independent
agents in around 60 countries.

The media release can be downloaded from the following link:

Media release (PDF)


This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Komax Holding AG via Globenewswire


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