Manz AG signs takeover agreement with Würth Solar for CIGS innovation line

12/16/2011 18:10:00 CET

Reutlingen, December 16, 2011 – Manz AG has today signed the agreement to take over the CIGS innovation line from Würth Solar GmbH & Co. KG, which was announced on November 15, 2011. Along with the plant in Schwäbisch Hall, Manz will engage a total of 118 employees with effect as of January 1, 2012. At the same time, Würth Solar's licenses and know-how – including from the research co-operation venture with the Centre for Solar Energy and Hydrogen Research Baden-Württemberg (ZSW) – will transfer to Manz AG. The aim is to drive research and development ahead more rapidly than to date, thereby achieving lower production costs and a further boosting of module efficiencies.

Additional information:

ISIN: DE000A0JQ5U3
German Securities Identification Number (WKN) of the shares: A0JQ5U
Trading symbol: M5Z
Trading segment: Regulated market (Prime Standard) of the Frankfurt Stock Exchange

Manz AG
Steigäckerstraße 5
72768 Reutlingen
Germany

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