# Nanogate to acquire HTI's plastics division for €13M

Nanogate announced it will acquire the plastics division of Austrian company HTI High Tech Industries for 275,000 new shares (approx. €13 million). The deal broadens Nanogate's service portfolio, expands its customer base, and extends its international footprint.

- Type: Acquisition
- Announced: 2017-11-27
- Value: $15.4M (13.0M EUR)
- Status: announced
- Products: high-tech surfaces and components, plastics components
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Nanogate AG](https://endata.com/companies/20418.md) (acquirer)
- [HTI High Tech Industries](https://endata.com/companies/28391.md) (target)

## Sources

- [edisongroup.com](https://www.edisongroup.com/research/acquisition-of-htis-plastics-division/19972/), 2017-11-27: "Nanogate has announced that it is to acquire the plastics division of Austrian company HTI High Tech industries (HTI) for 275,000 new shares, (c €13m at today's price)."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.