VERKOOP VAN PHILIPS HIGH TECH PLASTICS OPTICS
| Deal: | Verkoop van Philips High Tech Plastics Optics |
| Datum | January 2008 |
| Contact persoon HCF: Maarten Wolleswinkel | |
Holland Corporate Finance is pleased to announce that its client Royal Philips Electronics has successfully sold the Suzhou, PRC based Philips High Tech Plastics Optics to Hong Kong based Triumph Pan-Pacific Capital Ltd.
Royal Philips Electronics of the Netherlands (NYSE:PHG, AEX:PHI) is a global leader in healthcare, lighting and consumer lifestyle. Headquartered in the Netherlands, Royal Philips Electronics employs approximately 123,800 employees in more than 60 countries worldwide. With sales of EUR 27 billion in 2007, the company is a market leader in medical diagnostic imaging and patient monitoring systems, energy efficient lighting solutions, as well as lifestyle solutions for personal wellbeing.
Philips High Tech Plastics Optics designs and manufactures precision moulded parts, plastic aspheric lenses and high-precision opto-mechanical assemblies. Key focus areas include miniature camera lenses for mobile- and automotive applications, printer sensor optics, optical storage and high power LED lens solutions. Philips High Tech Plastics Optics main presence is in China, with a sales office in Singapore.
Triumph Pan-Pacific Capital Ltd. is a Hong Kong based company focused on building a portfolio of opto-mechanical solutions for a variety of industries. The acquisition of Philips High Tech Plastics Optics fits in their strategy to become a leading player in this segment.
The transaction team of Holland Corporate Finance consisted of Maarten Wolleswinkel.
Postal address: P.O. Box 75786, 1070 AT Amsterdam the Netherlands Phone: +31 (0)20 4161 303 E-mail: info@hcfinance.nl
