DGAP-Adhoc: ISRA VISION AG: ISRA continues growth strategy and expands core business with new acquisition

ISRA VISION AG  / Key word(s): Acquisition

17.08.2015 08:26

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

---------------------------------------------------------------------------

ISRA VISION AG: Take-over of Surface Inspection company extends portfolio 

ISRA continues growth strategy and expands core business with new
acquisition

ISRA VISION AG (ISIN: DE 0005488100), one of the world's top companies for
industrial image processing (Machine Vision) as well as globally leading in
surface inspection of web materials and 3D machine vision applications,
continues its long-term growth strategy. By acquiring the Machine Vision
company Vision Experts GmbH in Karlsruhe, ISRA strengthens its core
business in the Print segment.

Strategic acquisitions play an important role in the development of ISRA -
organic as well as external growth have both contributed substantially to
its success in the past. With the integration of the profitable Vision
Experts GmbH, ISRA expands its print portfolio for the dynamic packaging
market. The acquired company specializes in optical inspection solutions
for the entire production and finishing process of high-quality print
products and its client base includes important names of the German and
international printing industry. The inline inspection applications of the
Vision Experts GmbH are particularly focused on the inspection of metal
printing and packaging printing for the pharmaceutical industry.
  
ISRA expects scale and synergy effects over the medium term from joined
target markets and the global sales of the expanded product portfolio
through ISRA's infrastructure with more than 25 international subsidiaries
worldwide. The management plans to successfully finalize the integration
within the next two quarters. The team of Vision Experts will be brought
together with the ISRA subsidiary in Karlsruhe. For the current financial
year (calendar year), Vision Experts anticipates a profitable growth above
20 percent in revenues to the amount of more than 3 million euros. The
purchase price corresponds approximately to the revenues of the last
financial year respectively a single-digit EBIT multiplier.

In addition to the integration of Vision Experts, ISRA further analyzes
promising acquisition targets with high potential for synergies. With some
of these companies, management is already in intensive discussions or at an
advanced stage of negotiation. For the current financial year, the company
plans - as published before - additional growth in the low double-digit
percentage range, despite the currently inconsistent political and economic
situation in some regions. On the profit side, Management anticipates
margins to continue to be stable at a high level, comparable to previous
quarters of the current fiscal year.


17.08.2015 The DGAP 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:      ISRA VISION AG
              Industriestr. 14
              64297 Darmstadt
              Germany
Phone:        +49 (0)6151 9 48-0
Fax:          +49 (0)6151 9 48-140
E-mail:       investor@isravision.com
Internet:     www.isravision.com
ISIN:         DE0005488100
WKN:          548810
Listed:       Regulated Market in Frankfurt (Prime Standard); Regulated
              Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich,
              Stuttgart
 
End of Announcement                             DGAP News-Service
 
---------------------------------------------------------------------------