EANS-Adhoc: Balda AG / Balda purchases a plastics company in the US and strengthens its medical business (with document)



ad-hoc disclosure pursuant to section 15 of the WpHG transmitted by euro

adhoc with the aim of a Europe-wide distribution. The issuer is solely

responsible for the content of this announcement.


Mergers – Acquisitions – Takeovers/Company Information


Ad hoc disclosure in accordance with §15 WpHG (German Securities Trading Act)

Balda purchases a plastics company in the US and strengthens its medical


Bad Oeynhausen, December 21, 2012 – Balda, a producer of high-quality plastic

products for the medical and electronics industries, has agreed the purchase of

a US plastics producer. Effective as of December 31, 2012, 100 percent of the

shares in C. Brewer Company, Anaheim, California, will be acquired. The

acquisition strengthens Balda’s medical business, in line with the buy-and-

build strategy laid out for this business segment.

The C. Brewer Company specializes in precision injection-molded plastics and

the associated molds, in particular for customers from the medical and optical

industries and, moreover, from automotive and electronics industries. The

company was founded in 1966 and operates at three locations in California

(Anaheim, Irvine and Ontario). C. Brewer Co. employs around 500 people and

expects revenues of around USD 48 million (approx. EUR 37 million) for calendar

year 2012, along with clearly positive operating earnings (EBITDA). Around one-

third of its revenues come from medical customers, with roughly 50 percent

coming from optics.

The purchase price for the acquisition totals around EUR 33 million, including

the performance-related earn-out clause of EUR 3.8 million. The purchase will

fully be financed with the existing liquidity of the Balda Group. The seller is

the family of the founders. The acquisition marks the entry of Balda into the

strategically-important US market, where the company will have access to an

effective base for production in the future.

Further inquiry note:


Frank Elsner

Frank Elsner Kommunikation für Unternehmen GmbH


49492 Westerkappeln

phone: +49 – 54 04 – 91 92 0

Mail: office@elsner-kommunikation.de

Attachments with Announcement:




issuer: Balda AG

Bergkirchener Str. 228

D-32549 Bad Oeynhausen

phone: +49 (0) 5734 9 22-0

FAX: +49 (0) 5734 922-2747

mail: info@balda.de

WWW: www.balda.de

sector: Semiconductors & active components

ISIN: DE0005215107

indexes: CDAX, Prime All Share

stockmarkets: free trade: Berlin, München, Hamburg, Düsseldorf, Stuttgart,

regulated dealing/prime standard: Frankfurt

language: English