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12/20/2013 09:31:02

LPKF acquires outstanding shares in Slovenian subsidiary


DGAP-News: LPKF Laser & Electronics AG / Key word(s): Miscellaneous

20.12.2013 / 09:31

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Garbsen, 20 December 2013 - The dynamic business performance of
Garbsen-based laser specialist LPKF Laser & Electronics AG continues
unabated. The company currently has more than 700 employees worldwide and
wants to gener-ate revenue of up to EUR 130 million this year. LPKF exports
about 90% of its machines. All production takes place in Germany and
Slovenia.

The Slovenian subsidiary LPKF Laser & Elektronika d.o.o. in Naklo has been
making a major contribution to the Group's profitable growth for many
years. Today,next to the development, manufacturing and sales of SMT
Prototyping equipment, systems for the production of PCB prototypes are
manufactured in Slovenia. Naklo also develops and produces laser sources
which are used exclusively in the systems of the LPKF Group. Further, LPKF
in Naklo develops and produces cost effective laser systems which are used
in Prototyping as well as mass production. 25% of the shares in the
Slovenian subsidiary were held by the Zepic family, who founded the company
together with LPKF 19 years ago. By acquiring these shares, LPKF has now
taken over the last remaining minority interests within the Group, thus
holding 100% of the shares in all of its subsidiaries.

'We would like to take this opportunity to thank Mr. Janez Zepic and Mr.
Tomaz Zepic very much for their great dedication in building and
successfully managing LPKF d.o.o.,' said Dr. Ingo Bretthauer, CEO of LPKF
AG.

The acquisition of the outstanding shares in the LPKF subsidiary has now
become effective. The parties have agreed not to disclose the purchase
price.

About LPKF
LPKF Laser & Electronics AG specializes in the production of laser systems
for micro material processing, a field in which it is the world leader in
several sectors. Founded in 1976, the Group has its headquarters in Garbsen
near Hannover in Germany and does business around the world together with
its subsidiaries and representatives. LPKF has 731 employees globally. The
shares in LPKF Laser & Electronics AG are traded on TecDAX index of the
Frankfurt Stock Exchange (ISIN 0006450000).


End of Corporate News

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20.12.2013 Dissemination of a Corporate News, transmitted by DGAP - a
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Language:    English                                               
Company:     LPKF Laser & Electronics AG                           
             Osteriede 7                                           
             30827 Garbsen                                         
             Germany                                               
Phone:       +49 (0) 5131 7095-0                                   
Fax:         +49 (0) 5131 7095-95                                  
E-mail:      investorrelations@lpkf.com                            
Internet:    www.lpkf.com                                          
ISIN:        DE0006450000                                          
WKN:         645000                                                
Listed:      Regulierter Markt in Frankfurt (Prime Standard);      
             Freiverkehr in Berlin, Düsseldorf, Hamburg, München,  
             Stuttgart                                             
 
 
End of News    DGAP News-Service  
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245793 20.12.2013                                                      
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