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Kapsch TrafficCom AG
M&A Activity • Jun 11, 2025
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M&A Activity
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News Details
Ad-hoc | 11 June 2025 07:30
Kapsch TrafficCom AG divested its majority shareholding in and ceded control of Kapsch Telematic Services IOOO, Belarus, but remains substantially economically entitled to its business success.
Kapsch TrafficCom AG / Key word(s): Disposal
Kapsch TrafficCom AG divested its majority shareholding in and ceded control of Kapsch Telematic Services IOOO, Belarus, but remains substantially economically entitled to its business success.
11-Jun-2025 / 07:30 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News – a service of EQS Group.
The issuer is solely responsible for the content of this announcement.
Kapsch TrafficCom AG divested its majority shareholding in and ceded control of Kapsch Telematic Services IOOO, Belarus, but remains substantially economically entitled to its business success.
Vienna, June 11, 2025 Kapsch TrafficCom AG (ISIN: AT000KAPSCH9; the “Company”) announces that it has relinquished control and the majority of voting rights in Kapsch Telematic Services IOOO, based in Belarus, which operates the nationwide tolling system in Belarus. The Company now holds less than 50% of the shares in Kapsch Telematic Services IOOO. The parties have agreed not to disclose the details of the transaction.
Kapsch Telematic Services IOOO has been deconsolidated from the Company´s Group and the Company no longer generates revenue from Kapsch Telematic Services IOOO.
Based on the purchase price structure on the one side and agreed inflow of future earnings of Kapsch Telematic Services IOOO on the other side, the Company remains substantially economically entitled to the business success of Kapsch Telematic Services IOOO.
Contact for further information:
Marcus Handl
Investor Relations Officer
Kapsch TrafficCom AG
Am Europlatz 2
1120 Vienna, Austria
Phone +43 50 811 1120
End of Inside Information
11-Jun-2025 CET/CEST News transmitted by EQS Group. www.eqs.com
| Language: | English |
| Company: | Kapsch TrafficCom AG |
| Am Europlatz 2 | |
| 1120 Vienna | |
| Austria | |
| Phone: | +43 50811 1122 |
| Fax: | +43 50811 99 1122 |
| E-mail: | [email protected] |
| Internet: | www.kapschtraffic.com |
| ISIN: | AT000KAPSCH9 |
| WKN: | A0MUZU |
| Listed: | Vienna Stock Exchange (Official Market) |
| EQS News ID: | 2153342 |
| End of Announcement | EQS News Service |
2153342 11-Jun-2025 CET/CEST