Pfeiffer Vacuum to acquire Alcatel-Lucent’s Adixen vacuum technology unit

Facebook
Twitter
LinkedIn
Reddit
Email

Pfeiffer Vacuum Technology has revealed its intention to acquire Alcatel-Lucent's Adixen vacuum technology unit, headquartered in Annecy, France. Negotiations on the purchase of the companies, patents and licenses belonging to this unit have been largely finalized with Pfeiffer Vacuum's supervisory board consenting to the acquisition on November 3.

The purchase price for the unit will total approximately €200 million on a debt/cash-free basis and will be fully financed through a bank loan. Pfeiffer Vacuum intends to reduce a portion of the acquisition financing by selling treasury shares and through a capital increase from authorized capital in the amount of up to 10% of its share capital.

This article requires Premium SubscriptionBasic (FREE) Subscription

Try Premium for just $1

  • Full premium access for the first month at only $1
  • Converts to an annual rate after 30 days unless cancelled
  • Cancel anytime during the trial period

Premium Benefits

  • Expert industry analysis and interviews
  • Digital access to PV Tech Power journal
  • Exclusive event discounts

Or get the full Premium subscription right away

Or continue reading this article for free

Manfred Bender, CEO of Pfeiffer Vacuum Technology said, “With this move, Pfeiffer Vacuum is now entering a new dimension of business. We will not only double our sales revenues, but also significantly increase our market presence. We have always said we want to enhance our position in backing pumps, and we believe that the Adixen product portfolio is the perfect fit for us. In addition, we will expand our international sales and service network and, in particular, gain better overall access to the high-growth Asian markets.”

“We at Pfeiffer Vacuum are dedicated to creating and enhancing value for our shareholders. Based on the current strong business performance we expect to generate sales revenues of more than €500 million in the fiscal year 2011.The financial results we announced this morning demonstrate that we were able to return our EBIT margin to normal, even during the first year of the Trinos integration. And we are going to show the same strict discipline in connection with the Adixen integration,” continued Bender.

Jean-Yves Guegan, president of Adixen said, “The combination of Adixen and Pfeiffer Vacuum, two leaders in pumping solutions and leak detection systems, will create a powerful force in the industry. Our portfolio and talent meshes quite well with that of Pfeiffer Vacuum and will create a platform to better serve both companies' existing customers as well as drive growth in overall market share.”

Prior to the signing of the contract, a hearing of employee councils of the Alcatel-Lucent group is required. The acquisition is planned to take effect on December 31.

Read Next

September 15, 2025
Advances in edge-based artificial intelligence are helping make solar and storage interoperable by tackling the data challenge, writes Andrew Foster.
September 15, 2025
Italy’s latest renewable energy tender has received 12GW of bids, of which the majority, 10GW, came from solar PV.
September 15, 2025
Sunrun has priced a securitisation of leases and power purchase agreements, taking its non-recourse debt capital raised in Q3 above US$1.5 billion. 
September 15, 2025
Norwegian energy firm Statkraft has agreed to divest a portion of its renewable energy portfolio to Serentica Renewables.
September 15, 2025
UNSW spin-out company Lab360 Solar has been awarded funding from ARENA to bring its drone-based PV inspection technology to market.
Premium
September 15, 2025
The UK government and solar industry have jointly published a long-anticipated roadmap detailing how to maximise the country’s solar potential. Chris Hewett, CEO of Solar Energy UK takes a closer look at the details.

Subscribe to Newsletter

Upcoming Events

Solar Media Events
September 16, 2025
Athens, Greece
Solar Media Events
September 30, 2025
Seattle, USA
Solar Media Events
October 1, 2025
London, UK
Solar Media Events
October 2, 2025
London,UK
Solar Media Events
October 7, 2025
Manila, Philippines