03.06.2024 18:39:17 - dpa-AFX: Aixtron Acquires Production Site Near Turin

HERZOGENRATH (dpa-AFX) - Aixtron (AIXA) has acquired a production site near
Turin, in the Piedmont region of Italy.

The company said it is expanding its production capacities to be prepared for
further growth.

Furthermore, the new location allows Aixtron to establish a link to the strong
university and supplier ecosystem in the Piedmont region. Aixtron's current
locations in Herzogenrath, Germany and Cambridge, UK will benefit from the
strengthened European footprint.

'With our new production location near Turin in the Piedmont region of Italy we
prepare our company for the expected market dynamics with further growth in unit
shipments in the coming years. Within 2-3 years, we envision a significant share
of AIXTRON volume to be shipped from this location. We were able to secure the
rare opportunity to purchase an existing production facility at very attractive
commercial terms, which provides almost all of the specialized operations and
test infrastructure for the manufacturing of our equipment. Furthermore, we will
be located in the heart of the manufacturing ecosystem of northern Italy, being
close to many strong suppliers and world-class universities. We are proud to
join this ecosystem and expect strong benefits for all parties, also for our
exiting sites in Germany and in the UK,' said Dr. Felix Grawert, CEO and
President of AIXTRON SE, at a media event this Monday with representatives of
the regional Italian government.



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Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
AIXTRON SE NA O.N. A0WMPJ Xetra 19,005 20.06.24 17:05:24 -0,080 -0,42% 19,000 19,015 19,300 19,085

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