  We present a comprehensive study of the dust and gas properties in the
after-head-on-collision UGC12914/15 galaxy system using multi-transition CO
data and SCUBA sub-mm continuum images at both 450 and 850$\mu$m. CO(3-2) line
emission was detected in the disks of UGC 12914 and UGC 12915 as well as in a
bridge connecting the two galaxies. Dust emission at 450$\mu$m was detected for
the first time in the two galactic disks and in the connecting bridge. Using an
LVG excitation analysis model we have obtained good estimates of the physical
parameters in different regions of this system and the amount of molecular gas
was found to be 3-4 times lower than that estimated by other investigators
using the standard Galactic CO-to-H2 conversion factor. Comparing with the dust
mass derived from the SCUBA data, we found that the gas-to-dust ratio was
comparable to the Galactic value in the two galaxy disks but a factor of ~3
higher in the bridge. The physical condition of the molecular gas in the bridge
is comparable to that in the diffuse clouds in our Galaxy. Our result is
consistent with the scenario that the bridge molecular gas originated from the
disk molecular clouds and has been drawn out of the galactic disks due to
direct cloud-cloud collision.
  Our data indicate that the global star formation efficiency (SFE) in UGC
12915 is comparable to that of normal spiral galaxies, and the SFE is 40% lower
in UGC 12914 than in UGC 12915. Little star formation activity was found in the
bridge except in an HII region adjacent to the disk of UGC 12915.
