Lincoln International is exclusive financial advisor on the sale of Parsytec AG to ISRA VISION AG
Frankfurt, July 2007 - On July 23, 2007 Falk Dietrich Kübler, the main majority shareholder of Parsytec AG ("Parsytec"), sold shares amounting to 48.6 percent, valued at EUR 5.65 per share to also publicly listed ISRA Vision AG. Over the coming weeks, ISRA Vision AG will submit a mandatory offer of the same price to the diverse shareholders. The price offered values Parsytec at EUR 35m.
Parsytec is a leading provider of surface inspection systems for the steel and paper industry. All 10 of the Top 10 steel producers and 15 of the Top 20 paper manufacturers use Parsytec products. The company is headquartered in Aachen and has subsidiaries North America, Korea and China.
The successful closing of this deal is the 12th transaction with a German target company and/or seller for Lincoln International AG for the current business year of 2007.
About Lincoln International
Lincoln International Group ("Lincoln International") specializes in merger and acquisition services and private capital raising for leading organizations involved in mid-market transactions. With offices in Chicago, Frankfurt, Los Angeles, New York, and Paris, and strategic partnerships with China Everbright and other partner firms in Asia, Lincoln International has strong local knowledge and contacts in the key global economies. The organization provides clients with senior-level attention, in-depth industry expertise, and integrated resources. By being focused and independent, Lincoln International serves its clients without conflicts of interest. More information about Lincoln International can be obtained at www.lincolninternational.com.
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