01/19/2009 15:54:00 CET
Manz Automation AG and Roth & Rau AG plan to intensify their existing business relationship and to work together in future in the form of a cooperation in key areas. The two companies, both of which are listed in the TecDAX index, today reached basic agreement concerning the conclusion of a corresponding framework agreement. This is currently being drafted and should be signed in the near future. In particular, the companies aim to step up their cooperation in the field of turnkey production lines used to manufacture crystalline silicon solar cells. By pooling the specific services and products offered by the respective partners for the production lines, it should be possible in the medium term for the cooperation partners to cover all process stages, thus enabling them to offer customers an optimally harmonised equipment and technology package. The partners to the cooperation will therefore be able to offer a new concept in the market for turnkey production lines, thus enabling cost benefits to be exploited and further growth potential to be tapped.
German Securities Identification Number (WKN) of the shares: A0JQ5U
Trading symbol: M5Z
Trading segment: Regulated market (Prime Standard) of the Frankfurt Stock Exchange
Manz Automation AG