Addtech acquires Nanosystec GmbH
Addtech Electrification, a business area in the Addtech Group, has today signed an agreement to acquire 100 % of the shares outstanding in Nanosystec GmbH (”Nanosystec”). Nanosystec develops, produces and sells production equipment primarily for manufacture of opto-electronics and precision mechanics to customers in the data communications, medical technology and semiconductor industries. The company has 20 employees and a turnover of approximately EUR 7.8 million and is headquartered outside Frankfurt, Germany. Nanosystec complements and strengthens Addtech's existing operations