Konica Minolta, Inc. completed the acquisition of 65.5% stake in Mobotix AG (DB:MBQ) from Dr. Ralf Hinkel Holding GmbH, MP Beteiligungs-GmbH and other shareholders for ¥21.6 billion.
May 09, 2016
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Konica Minolta, Inc. (TSE:4902) agreed to acquire 65.5% stake in Mobotix AG (DB:MBQ) from Dr. Ralf Hinkel Holding GmbH, MP Beteiligungs-GmbH and other shareholders on March 29, 2016. Upon completion, Ralf Hinkel will stay in the supervisory board and will continue the strategic development of MOBOTIX. Through the acquisition of MOBOTIX, the Group intends to acquire MOBOTIX's technologies including decentralized processing (edge computing) IP cameras, image data compression and analytics technologies. Konica Minolta procured funds for part of funding the acquisition of Mobotix used its Overseas Business Deployment Funding Assistance Facility credit line provided by Japan Bank for International Cooperation with Sumitomo Mitsui Banking Corporation as lead manager for loan syndicate in an amount of ¥8.63 billion.
Adrian Bingel, Michael Burian, Maike Sauter, Lucie Haller von Hallerstein, Carolin van Straelen, Hannah Bug, Martin Hossenfelder, Rut Steinhauser, Eva Koch, Iris Benedikt-Buckenleib, Stefan Mayer and Ocka Stumm of Gleiss Lutz acted as legal advisors for Konica Minolta. Frank Peter Regelin, Christoph Friedrich Naumann, Tino Duttiné, Christoph Ritzer, Anja Lingscheid, Oliver Polster, Christian Filippitsch, Maria de Lasala Lobera and Klaus von Döhren of Norton Rose Fulbright LLP acted as legal advisors to Dr. Ralf Hinkel Holding GmbH and other shareholders. Mitsubishi UFJ Morgan Stanley Securities acted as financial advisor to Mobotix. Peter Weyland, Daniela Favoccia and Annika Clauss of Hengeler Mueller acted as legal advisors for MP Beteiligungs-Gmbh.
Konica Minolta, Inc. (TSE:4902) completed the acquisition of 65.5% stake in Mobotix AG (DB:MBQ) from Dr. Ralf Hinkel Holding GmbH, MP Beteiligungs-GmbH and other shareholders for ¥21.6 billion on May 10, 2016.
Konica Minolta, Inc. specializes in the design, manufacturing and marketing of printing, photography, medical imaging and measuring equipments. Net sales break down by family of products as follows:
- office equipments (51.1%);
- professional printing equipment (21.4%): laser printer, consumables, multifunctional peripherals, etc.;
- electronic and optical equipments (15.3%): plastic and molded glass lenses, display components, screen, memory units, etc.;
- medical equipments (12.1%): primarily imagery and graphic equipments and measuring equipments;
- other (0.2%).
Net sales break down geographically as follows: Japan (19.5%), China (10.5%), Asia (9.4%), Europe (28.6%), the United States (25.3%) and other (6.7%).
Konica Minolta, Inc. completed the acquisition of 65.5% stake in Mobotix AG (DB: MBQ) from Dr. Ralf Hinkel Holding GmbH, MP Beteiligungs-GmbH and other shareholders for ¥21.6 billion.
KONICA MINOLTA, INC. 
