INDUS Holding AG: INDUS acquires 47th subsidiary, a specialist for the growth industry infrastructure and logistics
INDUS Group acquires 47th subsidiary, a specialist for the growth industry infrastructure and logistics Bergisch Gladbach, 8 October 2019 - Stock exchange-listed INDUS Holding AG will take over all shares in Dessauer Schaltschrank & Gehäusetechnik GmbH (DSG) headquartered in Dessau-Roßlau. DSG is expected to generate sales revenues of approx. EUR 10.5 million in 2019. The new subsidiary will strengthen INDUS' Metals Technology segment, with a positive impact on revenues and the EBIT margin. INDUS now unites 47 subsidiaries under its roof. The acquisition is subject to approval by the antitrust authorities.
DSG is a medium-sized specialist for the development, manufacture and sale of high-quality metal and sheet metal parts, components, switch cabinets, machine panels and similar products subject to high industrial and safety requirements. The company looks back on a long tradition and has historically emerged from Junkers & Co., established in 1895. It supplies renowned German customers with products made in Dessau. The focus is on individualized application and equipment-specific system solutions from a single source. DSG's production expertise ranges from laser cutting and CNC punching to bending, welding, gluing, surface finishing and assembly. The company's customers come from various sectors such as railway and marine engineering, electrical engineering and communication technology, mechanical and plant engineering as well as automation technology.
INDUS expects long-term growth in rail vehicle construction to arise from the sustainability trend towards "urban mobility" and intends to exploit these opportunities by taking over the established supplier of railway technology. "The acquisition of DSG is part of our PARKOUR strategy," said Dr. Johannes Schmidt, Chairman of the INDUS Board of Management. "The company is a perfect fit for INDUS. It is small but excellent, a hidden champion and supplier to the infrastructure and logistics technology sector, which we have identified as growth industry. In addition, it will strengthen INDUS' activities in the area of high-quality sheet metal processing together with the Swiss portfolio companies, BACHER and HAKAMA."
About INDUS Holding AG: Established in 1989 and headquartered in Bergisch-Gladbach, INDUS Holding AG is an SME holding company which concentrates on the long-term development of its portfolio companies. The industry focus is on construction and infrastructure, automotive technology, mechanical and plant engineering, medical engineering / life sciences as well as metals technology. As a leading specialist for sustainable corporate development, INDUS attaches great importance to the operational autonomy of its 46 portfolio companies. Since 1995, INDUS Holding AG has been listed in the Prime Standard of the Frankfurt Stock Exchange (DE0006200108); in 2018, the Group generated revenues of around EUR 1.7 billion. For more information on INDUS, visit www.indus.de.
Contact: Mandy Lange & Julia Pschribülla Public Relations & Investor Relations
INDUS Holding AG Kölner Straße 32 51429 Bergisch Gladbach Germany
Tel +49 (0) 022 04 / 40 00-31 Tel +49 (0) 022 04 / 40 00-66 E-mail email@example.com E-mail firstname.lastname@example.org www.indus.de
08.10.2019 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.The issuer is solely responsible for the content of this announcement.The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.deLanguage: English Company: INDUS Holding AG Kölner Straße 32 51429 Bergisch Gladbach
Germany Phone: +49 (0)2204 40 00-0 Fax: +49 (0)2204 40 00-20 E-mail: email@example.com Internet: www.indus.de ISIN: DE0006200108 WKN: 620010 Listed: Regulated Market in Dusseldorf, Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange EQS News ID: 886717 End of News DGAP News Service