UZWIL, Switzerland – Buhler Group has acquired a strategic stake in Australia-based Micronisers Australasia Pty. Ltd. The acquisition strengthens Buhler’s existing strategic collaboration with Micronisers Australasia Pty. Ltd. in view of promising prospects in its Nanotechnology business unit.
Buhler acquired a strategic stake of 15 percent of the shares of Micronisers Australasia Pty. Ltd. in order to foster and further strengthen the existing strategic collaboration. The parties have agreed not to disclose the purchase price. Along with the transaction, Buhler now also holds options to further increase its stake in Micronisers Australasia Pty. Ltd. in the future.
Buhler’s Frank Tabellion, Managing Director of Buhler PARTEC GmbH, Saarbrucken, Germany, as part of Buhler’s Business Unit Nanotechnology, was appointed member of the Board of Directors of Micronisers Australasia Pty. Ltd.
Micronisers Australasia Pty. Ltd. will invest the fresh capital in the growth of its operations in the market and in the extension of its technology platform and plant. Buhler therefore extends its technology platform in the field of nanotechnology for the production of competitive nanomaterials. At the same time, Buhler also secures the supply chain for important raw materials for its Business Unit Nanotechnology.
The acquisition gives Micronisers Australasia Pty. Ltd. a stronger position as distributor of Buhler’s Oxylink™ in the Southeast Asia rim.
Buhler Acquires Stake in Micronisers Australasia
May 1, 2011