Home » News » Kontron AG Completes Acquisition of KATEK SE Shares, Set to Take Control – Latest News Update

Kontron AG Completes Acquisition of KATEK SE Shares, Set to Take Control – Latest News Update

EQS-Ad-hoc: Kontron AG / Key word(s): Mergers & Acquisitions
Adhoc: Kontron AG, Linz/Austria, closing conditions for the acquisition of around 59% of the shares in KATEK SE have been met

28.02.2024 / 12:00 CET/CEST
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Linz, February 28, 2024 – All closing conditions of the share purchase agreement dated January 18, 2024 between Kontron Acquisition GmbH, Ismaning, and PRIMEPULSE SE, Munich, for the acquisition of 8,587,138 shares (which corresponds to approximately 59.4%) of KATEK SE, listed in the Prime Standard of the Frankfurt Stock Exchange, entered into today.

After the physical completion is expected to take place on February 29, 2024, Kontron Acquisition GmbH will publish its acquisition of control of KATEK SE in accordance with the provisions of the Securities Acquisition and Takeover Act and at the same time announce a mandatory offer.

About Kontron

Kontron AG (www.kontron.com, ISIN AT0000A0E9W5, WKN A0X9EJ, KTN) is a leading IoT technology company. For more than 20 years, Kontron has been supporting companies from a wide range of industries in achieving economic goals with intelligent solutions. From automated industrial operations, smarter and safer transportation to advanced communications, medical and energy solutions, the company provides value-added technologies to its customers. Kontron is listed in the SDAX® and TecDAX® of the German stock exchange and employs around 4,700 people in more than 20 countries worldwide.

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Media contacts

Barbara Jeitler

Kontron AG – Investor Relations

Tel: +43 (1) 80191 1199

[email protected]

Alexandra Kentross

Kontron AG – Communications

Tel: +49 151 151 9388 149

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Jan Lauer

OHG Marketing Profile

Tel: +49 (531) 387 33-18

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Copyright © 2022 Kontron. All rights reserved. All information is for informational purposes only and is not legally binding. The information has been carefully checked and has been prepared to the best of our knowledge and belief. However, no responsibility is accepted for inaccuracies.

02/28/2024 CET/CEST Announcement transmitted by EQS Group AG. www.eqs.com

2024-02-28 17:11:26
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