SMA Solar Technology AG / Key word(s): Acquisition 14.06.2011 12:30 Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Ad hoc notification from SMA Solar Technology AG SMA Solar Technology AG: Acquiring dtw Sp.z o.o. - securing Technology Leadership Niestetal, Germany, June 14, 2011 - Today in Krakow, SMA Solar Technology AG (SMA/FWB: S92) signed a purchase agreement to acquire dtw Sp.z o.o., one of Poland's largest electromagnetic components manufacturers. The transaction is subject to regulatory approval and scheduled to be completed in July 2011. dtw specializes in manufacturing technologically innovative core components for manufacturing inverters. For SMA, this acquisition solidifies its position as the technology leader in solar inverters. It also helps the company to more effectively coordinate the development processes of mechanics, electromagnetic components and power electronics, thus significantly reducing development times. SMA is confident the acquisition will differentiate it even further from the competition. dtw and SMA have been close business partners for nearly 10 years. dtw has advanced modern production facility with over 500 employees in Zabierzów, near Krakow, Poland, and is known for its high-quality products, and excellent research and development work. The company has experienced strong growth over the past few years and achieved EUR 74 million in sales in 2010. Within the SMA Group, dtw will operate as an independent subsidiary and global competence center for electromagnetic components. The previous owner of dtw will remain on board in an advisory capacity following the acquisition by SMA and will continue to drive research and development efforts in electromagnetic components. --------------------------------------------------------------------------- Information and Explaination of the Issuer to this News: Additional information About SMA The SMA Group generated sales of EUR 1.9 billion in 2010 and is the worldwide market leader for photovoltaic inverters, a key component of all solar power plants. It is headquartered in Niestetal, near Kassel, Germany, and is represented on four continents by 17 foreign companies. In 2010, the Group employed a staff of over 5,000 (incl. temporary employees). SMA's product portfolio includes the most comprehensive range of inverters on the market, offering a compatible inverter for every module type and for all plant sizes. The product range covers both inverters for photovoltaic plants connected to the grid as well as inverters for off-grid systems. Since 2008, the Group's parent company SMA Solar Technology AG has been listed on the Prime Standard of the Frankfurt Stock Exchange (S92) and also in the TecDAX index. In recent years, SMA has received numerous awards for its excellence as an employer and lately reached first place in the federal 'Great Place to Work' competition. SMA Solar Technology AG Sonnenallee 1 34266 Niestetal Germany Head of Corporate Communications: Anja Jasper Phone +49 561 9522-28 05 Anja.Jasper@SMA.de Investor Relations: Stephanie Kniep Director Investor Relations Phone +49 561 9522-22 22 Fax +49 561 9522-22 23 ir@SMA.de Julia Damm Investor Relations Officer Phone +49 561 9522-11 64 Disclaimer: This notification serves only as information and does not constitute an offer or invitation to subscribe for, acquire, hold or sell any securities of SMA Solar Technology AG (the 'Company') or any present or future subsidiary of the Company (together with the Company, the 'SMA Group') nor should it form the basis of, or be relied upon in connection with, any contract to purchase or subscribe for any securities in the Company or any member of the SMA Group or commitment whatsoever. Securities may not be offered or sold in the United States of America absent registration or an exemption from registration under the U.S. Securities Act of 1933, as amended. This notification can contain future-oriented statements. Future-oriented statements are statements which do not describe facts of the past. They also include statements about our assumptions and expectations. These statements are based on plans, estimations and forecasts which the executive board of SMA Solar Technology AG (SMA or company) has available at this time. Future-oriented statements are therefore only valid on the day on which they are made. Future-oriented statements by nature contain risks and elements of uncertainty. Various known and unknown risks, uncertainties and other factors can lead to considerable differences between the actual results, the financial position, the development or the performance of the corporation and the estimates given here. These factors include those which SMA has discussed in published reports. These reports are available on the SMA website at www.SMA.de. The company accepts no obligation whatsoever to update these future-oriented statements or to adjust them to future events or developments. SMA Solar Technology AG Sonnenallee 1 34266 Niestetal Germany Head of Corporate Communications: Anja Jasper Phone +49 561 9522-28 05 Anja.Jasper@SMA.de Investor Relations: Stephanie Kniep Director Investor Relations Phone +49 561 9522-22 22 Fax +49 561 9522-22 23 ir@SMA.de Julia Damm Investor Relations Officer Phone +49 561 9522-11 64 Disclaimer: This notification serves only as information and does not constitute an offer or invitation to subscribe for, acquire, hold or sell any securities of SMA Solar Technology AG (the 'Company') or any present or future subsidiary of the Company (together with the Company, the 'SMA Group') nor should it form the basis of, or be relied upon in connection with, any contract to purchase or subscribe for any securities in the Company or any member of the SMA Group or commitment whatsoever. Securities may not be offered or sold in the United States of America absent registration or an exemption from registration under the U.S. Securities Act of 1933, as amended. This notification can contain future-oriented statements. Future-oriented statements are statements which do not describe facts of the past. They also include statements about our assumptions and expectations. These statements are based on plans, estimations and forecasts which the executive board of SMA Solar Technology AG (SMA or company) has available at this time. Future-oriented statements are therefore only valid on the day on which they are made. Future-oriented statements by nature contain risks and elements of uncertainty. Various known and unknown risks, uncertainties and other factors can lead to considerable differences between the actual results, the financial position, the development or the performance of the corporation and the estimates given here. These factors include those which SMA has discussed in published reports. These reports are available on the SMA website at www.SMA.de. The company accepts no obligation whatsoever to update these future-oriented statements or to adjust them to future events or developments. 14.06.2011 DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: SMA Solar Technology AG Sonnenallee 1 34266 Niestetal Deutschland Phone: +49 (0)561 / 9522 - 0 Fax: +49 (0)561 / 9522 - 100 E-mail: info@sma.de Internet: http://www.sma.de ISIN: DE000A0DJ6J9 WKN: A0DJ6J Indices: TecDAX Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, München, Stuttgart End of Announcement DGAP News-Service ---------------------------------------------------------------------------
DGAP-Adhoc: SMA Solar Technology AG: SMA Solar Technology AG: Acquiring dtw Sp.z o.o. - securing Technology Leadership
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