DGAP-News: Nanogate equity holding Vogler increases capacities and expands range of services

NANOGATE AG  / Key word(s): Miscellaneous

02.03.2016 10:42

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Nanogate equity holding Vogler increases capacities and expands range of
services

New coating facility for multi-dimensional components is more flexible and
performs better than previous generation - Further investments planned -
Group focusing strongly on expanding technology portfolio

Göttelborn, Germany, 2 March 2016. Nanogate AG, a leading international
integrated systems provider for high-performance surfaces, is progressing
with the expansion of its technology portfolio. Its Vogler GmbH subsidiary,
based in Lüdenscheid, will be putting a new coating facility - more
flexible and better performing than the previous machine - into operation
in the second quarter of 2016. By comparison, the new production line
offers significantly greater capacity and a broader range of applications.
Further investments in the Nanogate subsidiary, which was acquired in 2014,
are planned for the current 2016 financial year. The volume at Vogler runs
into the low single-digit millions. In parallel, Nanogate is continuing the
expansion of its application portfolio, also across the Group. This
primarily includes the expansion of the new technology platform for the
multifunctional metallisation of surfaces, marketed under the N-Metals
Chrome brand. Production is scheduled to begin this year.

Nanogate AG's CEO, Ralf Zastrau, commented: "Components with high-quality
designs and perfect optical quality are in great demand for many
applications, such as in the car industry, for example. The new coating
facility means that the Nanogate Group is well positioned to supply
customers with multi-dimensional components. Additional applications and
technologies, including, for example, the new platform for the
multifunctional metallisation of surfaces under the N-Metals Chrome brand,
are important pillars of our Phase5 growth strategy. In the medium term,
Nanogate is aiming to exceed EUR 100 million in sales and to increase its
profitability. Across the Group, significant funds are therefore flowing
into new technologies and into opening up new, international markets, in
order to continue the Group's course of growth over the medium and long
term. In the 2015 financial year already, the Group recorded strong demand
thanks to its broad applications portfolio, which meant that we were able
to raise the annual forecast at the beginning of November. We also recorded
strong end-of-year business."

Expansion of the technology portfolio
The new coating technology of subsidiary Vogler GmbH in Lüdenscheid (North
Rhine-Westphalia) can also enhance complex components (2.5D components),
thereby significantly expanding the company's range of applications. A
flexible and efficient technology is employed that significantly increases
capacity over the previous machine. The new facility is scheduled to go
into full operation in the second quarter of 2016; production is gradually
restarting at present. Despite the high level of demand, the company has
ensured that all customers have received full service since the beginning
of the changeover period in November 2015. Nanogate acquired the surface
specialist Vogler in the summer of 2014. Vogler specialises in technically
advanced coatings for decorative and transparent, multifunctional surfaces.


Nanogate on Twitter: http://twitter.com/nanogate_ag


If you have any queries, please contact:
Christian Dose (financial press and investors)
Cortent Kommunikation AG
Tel. +49 (0)69 5770 300 0
nanogate@cortent.de

Liane Stieler-Joachim
Nanogate AG 
Tel. +49 (0)6825 9591 220
liane.stieler-joachim@nanogate.com 
Nanogate AG
Zum Schacht 3
66287 Göttelborn, Germany
www.nanogate.com


Nanogate AG:
Nanogate (ISIN DE000A0JKHC9) is a leading international integrated systems
provider for high-performance surfaces. The Group, which is based in
Göttelborn (Saarland), enables the programming and integration of
additional properties - such as non-stick, scratchproof and anti-corrosive
- into materials and surfaces. True to its slogan 'A world of new
surfaces', Nanogate opens up the diverse possibilities of multifunctional
surfaces based on new materials for companies in a wide range of
industries.

Nanogate provides its customers with technologically and optically
high-quality systems. To do so, the company uses its extensive knowledge of
innovative materials and processing procedures. The aim is to improve
customers' products and processes by means of high-performance surfaces
while achieving environmental benefits. The Group concentrates on
attractive sectors such as automotive/transport, mechanical/plant
engineering, buildings/interiors and sport/leisure as well as on the
strategic growth areas of advanced polymers and advanced metals. Nanogate
has a unique combination of extensive materials expertise paired with
comprehensive, first-class process and production know-how. As a systems
provider, Nanogate offers services throughout the entire value chain, from
the purchase of raw materials, to the synthesis and formulation of the
material systems, right through to the enhancement and production of the
finished surfaces. The Group focuses primarily on optically high-quality
plastic and metal coatings for all surface types (two and three-dimensional
components). Its value drivers are the opening up of new, international
markets, the development of new applications for the strategic growth areas
of advanced polymers (innovative plastics, e.g. glazing) and advanced
metals (innovative metal enhancements, primarily energy efficiency) as well
as external growth. In the medium term, Nanogate also intends to achieve a
considerable revenue share from environmentally friendly systems and
processes.

The Nanogate Group has first-class references (e.g. Airbus, Audi, August
Brötje, BMW, BSH Bosch und Siemens Hausgeräte, Daimler, FILA, Jaguar,
Junkers, Porsche, Volkswagen). Several hundred projects have already gone
into mass production. The company also has strategic partnerships with many
international corporations. Nanogate comprises Eurogard B.V., GfO
Gesellschaft für Oberflächentechnik AG, Nanogate Industrial Solutions GmbH,
Nanogate Textile & Care Systems GmbH, Nanogate Glazing Systems B.V., Vogler
GmbH and a majority stake in Plastic-Design GmbH.

Disclaimer:
This publication constitutes neither an offer to sell nor an invitation to
buy securities. The shares in Nanogate AG (the "Shares") may not be offered
or sold in the United States or to or for the account or benefit of "U.S.
persons" (as such term is defined in Regulation S under the U.S. Securities
Act of 1933, as amended (the "Securities Act")). No offer or sale of
transferable securities is being made to the public outside Germany.


02.03.2016 The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

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Language:     English
Company:      NANOGATE AG
              Zum Schacht 3
              66287 Göttelborn
              Germany
Phone:        +49 (0)6825/95 91 0
Fax:          +49 (0)6825/95 91 852
E-mail:       nanogate@cortent.de
Internet:     www.nanogate.de
ISIN:         DE000A0JKHC9
WKN:          A0JKHC
Listed:       Regulated Unofficial Market in Berlin, Dusseldorf, Munich,
              Stuttgart; Open Market (Entry Standard) in Frankfurt
 
End of Announcement                             DGAP News-Service
 
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