Manz AG sells Asian business in management buy-out
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EQS-News: Manz AG
/ Key word(s): Insolvency/Disposal
Manz AG sells Asian business in management buy-out Reutlingen, 28 February 2025 – The insolvency administrator of Manz AG, attorney Mr. Martin Mucha, and Mr. Robert Lin, General Manager of Manz China and Manz Taiwan, signed a purchase agreement today, 28 February 2025, for the acquisition of the Manz Asia sub-group by Mr. Lin. The proceeds from the sale will go to the insolvency estate of Manz AG. The purchase price remains confidential. The sub-group Manz Asia Ltd., headquartered in Hong Kong (PR China), includes the subsidiaries Manz China Suzhou Ltd (Suzhou, PR China), Manz Chungli Ltd. (Chungli, Taiwan), Manz Taiwan Ltd (Chungli, Taiwan) and Manz India Private Ltd. (New Delhi, India). The companies in Taiwan and PR China serve as production, development, sales, and service locations of Manz group, while customers in India are locally supported with sales and service offerings. Manz’s Asian business focuses on manufacturing equipment for semiconductor production, including the FOPLP process (Panel Level Packaging) and innovative digital printing solutions, meeting the increasing demands for performance and efficiency in the rapidly growing semiconductor industry. Additionally, contract manufacturing is provided for renowned clients. Proximity to customers is crucial given the high complexity of manufacturing processes. Mr. Robert Lin has been with Manz since 15 years and served as General Manager of Manz China and Manz Taiwan. Under his leadership, a dedicated sales team and a more defined market presence were established, significantly increasing market visibility. With the management buy-out, the foundation for the company’s continued development is now in place. In his new role as an investor, Mr. Robert Lin will take over all approximately 380 Manz employees in the Asia region and plans to further expand the existing strategic direction. The purchase will be backed by strong investors with long term experience in the semiconductor industry. This will secure the necessary funds for the future growth strategy of Manz Asia. Insolvency administrator Martin Mucha expressed satisfaction with the sale to the experienced Manz manager: “Mr. Robert Lin has the full trust of the Manz AG Management Board. We are confident that the Asian business is in excellent hands with Mr. Lin and his team.” Contact: Manz AG Steigaeckerstrasse 5 Germany
28.02.2025 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group. |
| Language: | English |
| Company: | Manz AG |
| Steigäckerstr. 5 | |
| 72768 Reutlingen | |
| Germany | |
| Phone: | +49 (0) 7121 9000-0 |
| Fax: | +49 (0) 7121 9000-99 |
| E-mail: | info@manz.com |
| Internet: | http://www.manz.com |
| ISIN: | DE000A0JQ5U3 |
| WKN: | A0JQ5U |
| Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart |
| EQS News ID: | 2093609 |
| End of News | EQS News Service |
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2093609 28.02.2025 CET/CEST
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