Knorr Capital Partner AG
Ad hoc-Service: Knorr Capital Partner AG english
Ad hoc announcement transmitted by DGAP.
The issuer has the sole responsibility of this announcement.
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Ad hoc disclosure in compliance with section 15 of the Wertpapierhandelsgesetz
(German Securities Trading Act)
– KNORR CAPITAL PARTNER AG strengthens substantially its position in the
biotech and healthcare area through acquiring the majority of Medicis AG
Munich, April 10th, 2001 – Munich-based Knorr Capital Partner AG (SIN:768612)
increases its strategic stake in VC company Medicis AG (Munich) from so far
37.5 per cent to 73.75 per cent. The initial public offering (IPO) of Medicis
AG, specialized in biotechnology and medical technology enterprises, is already
planned for the second half-year 2001. At present Medicis AG holds eleven
portfolio companies. Investments in further nine companies will take place in
the near future, negotiations are in process. With this transaction, Knorr
Capital Partner AG exploits favorable market conditions and strengthens
substantially its position in a promising fast growing industry.
For further information, please contact:
Karsten Busche
KNORR CAPITAL PARTNER AG
Rückertstrasse 1, 80336 Munich
Telefon: +49 (0) 89 / 543 56-0
Fax: +49 (0) 89 / 543 56-333
Internet: www.knorrcapital.com
email: info@knorrcapital.com
end of ad hoc announcement, (c) DGAP 10.04.2001
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WKN: 768612; Index:
Listed: Amtlicher Handel in Frankfurt, München; Freiverkehr in Berlin,
Düsseldorf, Hamburg, Stuttgart
100724 Apr 01
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