STEMMER IMAGING AG, one of Europe’s leading machine vision technology providers, was successfully launched on the stock market today. In the course of this morning the share price rose to more than 36.00 Euro. This is an increase of more than 7 percent compared to the issue price of 34.00 Euro.
“The successful IPO is an important milestone for us and basis for an ambitious growth strategy. STEMMER IMAGING has excellently positioned itself in an exciting future market. With the proceeds of the IPO we now want to build on this successful development and implement our expansion and innovation plans. We are excited to continue our growth story as a now listed company”, says Christof Zollitsch, CEO of STEMMER IMAGING AG.
The issuing proceeds of EUR 51 million generated by the IPO shall primarily be used for the realization of inorganic growth potentials to strengthen the competitive position in the European market. On the other hand, targeted growth potentials shall be used in the Asian region. Furthermore, the issuing proceeds generated with the offer shall also be used for the development of new types of products, solutions and services in the area of image processing. The Company focuses here, on the one hand, on the further development of its own image processing software “Common Vision Blox”, the engagement in cooperations or acquisitions in this area. On the other hand, new developments aim at the increasing use of so-called Embedded Vision solutions as well as the linking of image processing systems to IT systems and processes.
The offer of STEMMER IMAGING AG included 1,500,00 shares from a capital increase, 1,100,000 shares from the sole shareholder, as well as a greenshoe option of 390,000 shares, also from a reallocation of existing shares. All 2,990,000 shares were placed. The placement volume including the greenshoe option therefore totals around EUR 101.7 million.
The shares of STEMMER IMAGING AG carry the international securities identification number (ISIN) DE000A2G9MZ9 and the German securities code (WKN) A2G9MZ.
Hauck & Aufhäuser bank has been acting as sole global coordinator and sole bookrunner for the IPO.
About STEMMER IMAGING
STEMMER IMAGING is one of Europe’s leading machine vision technology providers for science and industry. With a perfect combination of innovative products, its own software, expert advice and comprehensive service, STEMMER IMAGING helps clients solve their machine vision tasks securely with speed and ease. Experienced specialists can be contacted easily and are available to provide advice locally in 19 European countries.
Clients of STEMMER IMAGING benefit from the combination of an exceptionally wide variety of products from the world’s leading manufacturers (e.g. cameras, lenses, illumination products, machine vision systems, software). Expert know-how gathered over many years help customers define the optimum, most cost-effective combination of components. The company attaches particular importance to the provision of solution-oriented services, including feasibility studies, development services, training and customer-focused support.
STEMMER IMAGING AG
Phone: +49 89 809020
Fax: +49 89 80902-116
Image: STEMMER IMAGING Börsenstart.jpg