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Evonik more robust as strategy takes effect

Promised and delivered: adjusted EBITDA climbs to €2.6 billion

06-Mar-2019

Evonik grew again strongly in 2018. Adjusted EBITDA increased 10 percent to €2.6 billion, compared with the previous year. All three chemical segments contributed to profit growth. The earnings forecast, that Evonik had raised after the first half of the year, was achieved despite external ...

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BASF posts slight increase in 2018 sales and decline in earnings due mainly to lower contributions from Chemicals

26-Feb-2019

BASF generated sales of €62.7 billion last year. This represents an increase of 2% compared with the previous year. Income from operations (EBIT) before special items declined to €6.4billion, compared with €7.6billion in the previous year. This was mainly attributable to the Chemicals segment, ...

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Covestro raises dividend after strong business performance in 2018

2019 guidance influenced by further volume growth and lower margins

25-Feb-2019

Covestro generated strong results in 2018 while challenges mounted throughout the year. Core volumes increased 1.6%, and Group sales rose by 3.4% to EUR 14.6 billion. After a weaker fourth quarter, Covestro could not achieve earnings at the previous year’s levels, which were marked by an ...

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Plasmion’s sensor technology convinces investors

15-Feb-2019

Plasmion has successfully completed an investment round with strong consortium. In addition to the VC partners Bayrische Beteiligungsgesellschaft (BayBG) and High-Tech Gründerfonds (HTGF), an experienced business angel from the BayStartUP network is also on board. With SICRIT®, Plasmion has ...

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Volkswagen invests in US start-up Forge Nano

Forge Nano is investigating innovative coatings for battery materials

07-Feb-2019

The Volkswagen Group is investing US$10 million in the startup “Forge Nano Inc.” with a view to reinforcing its specialist knowledge in the field of battery research. Forge Nano is investigating a material coating technology that could further improve the performance of battery materials. As a ...

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KYOCERA acquires German advanced ceramic manufacturer

04-Feb-2019

Kyocera Corporation announced that its Germany-based European headquarters, Kyocera Fineceramics GmbH has concluded an agreement with H.C. Starck GmbH to acquire 100% of the shares of its subsidiary H.C. Starck Ceramics GmbH, a European advanced ceramics manufacturing and sales company based in ...

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Beckman Coulter strenghtens laboratory automation business

Acquires of acoustic liquid handling company

01-Feb-2019

Beckman Coulter Life Sciences announced its acquisition of Labcyte, a privately held, acoustic liquid handling company based in San Jose, California. Labcyte is best known for its Echo® acoustic droplet ejection technology, which uses sound waves to transfer tiny amounts of liquid with ...

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High-Tech Gründerfonds launches HTGF Academy for its startup portfolio

Tailored to the needs of startups

01-Feb-2019

At the High-Tech Partnering Conference, High-Tech Gründerfonds (HTGF) officially announced the launch of its HTGF Academy. The experience gained through 14 years of seed investment has shown that certain issues often arise for many startups. The offer of the HTGF Academy is exactly tailored to ...

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Sartorius increases sales revenue and earnings in 2018 by double digits

Bioprocess Solutions and the Americas especially strong

29-Jan-2019

Sartorius continued on the growth track in 2018 in both divisions and across all geographies, and thus achieved its forecast raised considerably at mid-year. According to preliminary figures, Group sales revenue rose in constant currencies by 13.2% to 1,566.0 million euros (reported: 11.5%). The ...

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Startup 4GENE receives 7-digit Seed-Funding

FLAVOR-ON-DEMAND

29-Jan-2019

High-Tech Gründerfonds (HTGF), VC Fonds BW, Mittelständische Beteiligungsgesellschaft Baden-Württemberg GmbH and Goldmann International GmbH have acquired stakes in 4GENE GmbH. The young company, based in Heilbronn with office and production facilities in Freising and Stuttgart, develops and ...

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