2020-07-02

Mikron to sell subsidiaries in Berlin and Lithuania

Biel, July 2, 2020, 7:00 a.m. – As announced in its media release of May 20, 2020, the Mikron Group is disposing of its site in Berlin. On July 1, 2020, Mikron signed a sales contract, which also includes the site in Kaunas, Lithuania, with Callista Private Equity, Munich. The two sites have around 70 employees in total and operate solely in the automotive industry. The contractual parties have agreed not to disclose the sale price.

Contact

Mikron Management AG, Javier Perez Freije, CFO Mikron Group

Phone +41 91 610 62 09, ir.mma@mikron.com

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Investor Relations Calendar

July 23, 2020, 07.00 a.m. – Media release: Semi-annual results 2020

Except for the historical information contained herein, the statements in this media release are forward-looking statements that involve risks and uncertainties.

 

Mikron® is a trademark of Mikron Holding AG, Biel (Switzerland).

 

 

Brief profile of the Mikron Group

The Mikron Group develops, produces and markets highly precise, productive and adaptable automation solutions, machining systems and cutting tools. Rooted in the Swiss culture of innovation, Mikron is a global partner to companies in the automotive, pharmaceutical, medtech, consumer goods, writing instruments and watchmaking industries. The Mikron Group enables its customers to increase quality and industrial productivity. The Group has over 100 years of experience, state-of-the-art technologies, and a global service. The two business segments Mikron Automation and Mikron Machining Solutions (with the Mikron Machining and Mikron Tool divisions) are based in Switzerland (Boudry and Agno). Additional production sites are located in the USA, in Germany, Singapore and China. Mikron Holding AG shares are traded on SIX Swiss Exchange (MIKN). The Mikron Group employs a total workforce of around 1,400.

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