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INDUS Holding AG
M&A Activity • Nov 18, 2020
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M&A Activity
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Corporate | 18 November 2020 12:34
INDUS Holding AG: INDUS Group acquires control room specialist
DGAP-News: INDUS Holding AG / Key word(s): Takeover
18.11.2020 / 12:34
The issuer is solely responsible for the content of this announcement.
INDUS Group acquires control room specialist
- Jungmann Systemtechnik offers solutions for setting up control stations, control rooms or control centers
- Investment in growth industry of automation and measuring technology and control engineering
Bergisch Gladbach, 18 November 2020 – INDUS Holding AG, a listed German holding company, will acquire all shares in Jungmann Systemtechnik GmbH & Co. KG (JST) headquartered in Buxtehude from the two company founders. Established in 2001, the highly profitable supplier of integrated control room solutions generates annual sales of around EUR 12 million. Following the acquisition, INDUS will unite 47 subsidiaries under its roof. The acquisition is subject to approval by the antitrust authorities.
Jungmann Systemtechnik is a medium-sized provider of comprehensive know-how in the development, construction and maintenance of control rooms. A control room centrally collects various data streams, such as machine data, inventory levels, camera images or error messages, from a variety of different source systems. These data are processed and clearly visualized in the control room to ensure reliable control and anticipatory monitoring of the operating processes. Typical fields of application include production control centers for the industrial sector, control rooms for the energy and water industry, IT control centers for computer centers or security and traffic control centers. What all these applications have in common is that they have to meet the highest security standards.
“When looking for a new owner for JST, the critical factor for us was to find an investor who would focus on the long-term development of the company and preserve its mid-market values,” said Kay Hansen, co-founder and former owner of JST. “INDUS is a strong partner with whom we will address the next steps on an equal footing,” Carsten Jungmann, co-founder and former owner of JST, added. “The financial and strategic support from INDUS will allow us to develop especially international markets even more purposefully.” Jungmann will continue to run the company in his capacity as managing director.
With the acquisition of Jungmann Systemtechnik, INDUS will effectively strengthen its portfolio in the automation and measuring technology and control engineering sector, one of the growth industries defined by the Group in the context of its PARKOUR strategy program. “The COVID-19 crisis has once again highlighted the potential that lies in digitally oriented business models”, said Dr. Johannes Schmidt, Chairman of the Board of INDUS Group. Mega trends such as the Internet of Things or Smart Factory are generating rapidly growing amounts of data. “These big data streams will further increase the demand for central control rooms,” said Schmidt. “This offers exciting perspectives for the further growth of Jungmann Systemtechnik.”
INDUS will continue to look for future-proof additions to its broadly diversified portfolio also in COVID-19 times. “While the M&A market was rather quiet in the first nine months of the year, there are now some interesting candidates we will take a closer look at,” the INDUS Board Chairman concluded.
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 2019, the Group generated sales of around EUR 1.74 billion. For more information on INDUS, visit www.indus.de.
Contact:
Nina Wolf & Dafne Sanac
Public Relations & Investor Relations
INDUS Holding AG
Kölner Straße 32
51429 Bergisch Gladbach
Germany
Tel +49 (0) 022 04 / 40 00-73
Tel +49 (0) 022 04 / 40 00-32
E-mail [email protected]
E-mail [email protected]
www.indus.de
18.11.2020 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.
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| Language: | 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 protected] |
| Internet: | www.indus.de |
| ISIN: | DE0006200108 |
| WKN: | 620010 |
| Indices: | SDAX |
| Listed: | Regulated Market in Dusseldorf, Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange; Vienna Stock Exchange |
| EQS News ID: | 1149090 |
| End of News | DGAP News Service |