Leica Camera Refocuses Company Through Acquired Funding

Solms, Germany, announced it now has acquired Euro 22.95 million of fresh capital at its disposal. The capital increase was entered into the Wetzlar Register of Companies yesterday. It increased the company's share capital and has provided a dependable basis for repositioning, the company says.

  Leica Camera's board of management expressed thanks to its shareholders. The board considers this a confirmation of the favorable mid-term perspective for the company based on the successful marketing of its digital and analog photo products, as well as its sports optics solutions, the company said in a press release.

Source: Leitz

Posted: Wed - August 31, 2005 at 10:33 AM