DGAP-News: Schaltbau Holding AG: Pintsch acquires WOLBER Antriebstechnik
Munich / Dinslaken, 29 July 2021 - Pintsch GmbH, a wholly owned subsidiary of Schaltbau Holding AG [ISIN DE000A2NBTL2], has signed a share purchase agreement with the point machine specialist WOLBER Antriebstechnik GmbH, based in Velbert, Germany.
DGAP-News: Schaltbau Holding AG / Key word(s): Takeover Schaltbau Holding AG: Pintsch acquires WOLBER Antriebstechnik 29.07.2021 / 10:36 The issuer is solely responsible for the content of this announcement. Schaltbau Holding AG: Pintsch acquires WOLBER Antriebstechnik
"Strengthening our core Rail business is a key element of our Strategy 2023," said Dr Jürgen Brandes, CEO of Schaltbau Holding AG. "The acquisition of WOLBER is a good example of how we want to meaningfully supplement our portfolio of products and services with innovative components and services supplied by smaller companies that have so far tended to operate at national level." Growth potential through international marketing WOLBER Antriebstechnik GmbH is a supplier of components for railway signalling technology and point machine systems as well as one of the leading refurbishment specialists for point machines in Germany. The internationally positioned sales team at Pintsch GmbH will help unlock growth potential by marketing components made by WOLBER on a global basis, particularly the newly developed, innovative point machine system. About the Schaltbau Group
29.07.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
Language: | English |
Company: | Schaltbau Holding AG |
Hollerithstraße 5 | |
81829 Munich | |
Germany | |
Phone: | +49 89 - 93005 - 209 |
Fax: | +49 89 - 93005 - 398 |
E-mail: | [email protected] |
Internet: | www.schaltbaugroup.de |
ISIN: | DE000A2NBTL2 |
WKN: | A2NBTL |
Indices: | Prime Standard |
Listed: | Regulated Market in Frankfurt (Prime Standard), Munich; Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Stuttgart, Tradegate Exchange |
EQS News ID: | 1222619 |
End of News | DGAP News Service |
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1222619 29.07.2021