3 Investments in subsidiaries
3.1 Overview (direct and indirect investments)
The investments in directly and indirectly held subsidiaries are the same for the years ended December 31, 2018 and December 31, 2019, except as noted below in note 3.2.
Company | Registered office | Participation in % (capital and votes) | Share capital (LC 1,000) | Currency | Activities |
Tecan Schweiz AG | Männedorf/Zurich (CH) | 100 % | 5,000 | CHF | R/P/D |
Tecan Trading AG | Männedorf/Zurich (CH) | 100 % | 300 | CHF | S/D |
• Pulssar Technologies S.A.S | Paris (FR) | 100% | 400 | EUR | inactive |
Tecan Sales Switzerland AG | Männedorf/Zurich (CH) | 100 % | 250 | CHF | D |
Tecan Austria GmbH | Grödig/Salzburg (AT) | 100 % | 1,460 | EUR | R/P |
Tecan Sales Austria GmbH | Grödig/Salzburg (AT) | 100 % | 35 | EUR | D |
Tecan Sales International GmbH | Grödig/Salzburg (AT) | 100 % | 35 | EUR | D |
Tecan Landesholding GmbH | Crailsheim/Stuttgart (DE) | 100 % | 25 | EUR | S |
• Tecan Deutschland GmbH | Crailsheim/Stuttgart (DE) | 100 % | 51 | EUR | D |
• Tecan Software Competence Center GmbH | Mainz-Kastel (DE) | 100 % | 103 | EUR | R |
• IBL International GmbH | Hamburg (DE) | 100 % | 25 | EUR | R/P/D |
Tecan Benelux B.V.B.A. | Mechelen (BE) | 100 % | 137 | EUR | D |
Tecan France S.A.S. | Lyon (FR) | 100 % | 2,760 | EUR | D |
Tecan Iberica Instrumentacion S.L. | Barcelona (ES) | 100 % | 30 | EUR | D |
Tecan Italia S.r.l. | Milano (IT) | 100 % | 77 | EUR | D |
Tecan UK Ltd. | Reading (UK) | 100 % | 500 | GBP | D |
Tecan Nordic AB | Stockholm (SE) | 100 % | 100 | SEK | D |
Tecan US Group, Inc. | Morrisville, NC (US) | 100 % | 1,500 | USD | S |
• Tecan US, Inc. | Morrisville, NC (US) | 100 % | 400 | USD | D |
• Tecan Systems, Inc. | San Jose, CA (US) | 100 % | 26 | USD | R/P |
• Tecan SP, Inc. | Baldwin Park/Los Angeles, CA (US) | 100% | 472 | USD | R/P/D |
• Tecan Genomics, Inc. | Redwood City, CA (US) | 100% | 0 | USD | R/P/D |
• Valvex Enterprises, Inc. – doing business as DC Precision Machining (DCPM) | Morgan Hill, CA (US) | 100% | 58 | USD | P/D |
IBL International Corp. | Toronto (CA) | 100 % | 0 | USD | inactive |
Tecan Asia (Pte.) Ltd. | Singapore (SG) | 100 % | 800 | SGD | S |
Tecan (Shanghai) Trading Co., Ltd. | Shanghai (CN) | 100 % | 3,417 | CNY | D |
PMAS Co., Ltd | Ben Cat Town, Binh Duong Province (VN) | 100% | 10,367 | VND | P |
Tecan Japan Co., Ltd. | Kawasaki(JP) | 100 % | 125,000 | JPY | D |
Tecan Australia Pty Ltd | Melbourne (AU) | 100 % | 0 | AUD | D |
|
|
|
|
|
|
S = services, holding functions, R = research and development, P = production, D = distribution |
3.2 Change in investments
The Company acquired 100% of the voting rights of NuGEN Technologies, Inc. on August 31, 2018 and 100% of the voting rights of DC Precision Machining on May 31, 2019, both indirectly via its subsidiary Tecan US Group, Inc. In the current year, with the same transaction as its subsidiary, the Company acquired 100% of the voting rights of PMAS Co., Ltd. directly. To finance the acquisitions of its subsidiary, capital contributions amounting to USD 55 m in 2018 and USD 19 m in 2019 were paid into Tecan US Group, Inc.
Follow Tecan