Nanostart AG reorganizes Asia business: Focus on Asian markets – Launch of 100-percent subsidiary
Frankfurt, Germany and Singapore | Posted on February 4th, 2013
Marco Beckmann, CEO of Nanostart AG, comments: “After primarily focusing our work on German holdings the last few years, we now want to redouble our efforts in Asian markets, where we continue to see tremendous potential. By launching a 100-percent subsidiary of Nanostart AG, we are building necessary infrastructure. This gives us the opportunity to make independent and self-determined investments in nanotechnology companies throughout the region as Nanostart, either directly or through new fund structures.”
This new subsidiary of Nanostart AG will also carry the name Nanostart in Asia. Because of holdings by strategic partners from Asia in Nanostart Asia Pacific, the Nanostart share in Nanostart Asia Pacific is subject to fluctuations. It currently accounts for 30 percent. Nanostart Asia Pacific was renamed “New Asian Investors” in January.
The critical role of nanotechnology in economic development is increasingly recognized by governments in Asia. They are supporting nanotechnology, and here Nanostart finds ideal conditions for successful investing. Singapore provides access to markets such as China, Malaysia, Taiwan, and Hong Kong.
About Nanostart AG
Nanostart AG headquartered in the German financial capital of Frankfurt, is a leading nanotechnology investment company, with portfolio companies spanning the globe from Silicon Valley to Singapore. The company provides venture capital financing for nanotechnology companies in various growth phases with a focus on innovation-driven industries of the future such as cleantech, life sciences and IT/electronics.
This notice constitutes neither an offer to sell nor a solicitation of offers to purchase or subscribe to securities. There will be no public offering of securities of Nanostart AG in conjunction with the existing listing of its shares in the “Entry Standard” segment of the regulated unofficial market (Freiverkehr) on the Frankfurt Stock Exchange. This notice does not constitute a securities prospectus. Neither this notice nor the information contained within is intended for direct or indirect distribution within Canada, Australia or Japan.
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Dr. Hans Joachim Duerr
Head of Corporate Communications
60313 Frankfurt, Germany
phone: +49 (0)69-21 93 96 111
fax: +49 (0)69-21 93 96 150
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