BRIEF

on INDUS Holding AG (isin : DE0006200108)

INDUS Acquires DECKMA to Boost Engineering Segment

Stock price chart of INDUS Holding AG (EBR:INH) showing fluctuations.

INDUS Holding AG has acquired a 75% stake in DECKMA, a specialist in ship lighting and safety systems. This addition strengthens INDUS's Engineering segment. DECKMA, based in Rosengarten, employs 45 people and generates annual sales of EUR 19 million. With this acquisition, INDUS also secures a 33% share in NEXTCORR Ltd, a British company focused on anti-fouling and anti-corrosion ship products.

DECKMA's former shareholders, Petra Bölkow-Anderwald and Sven Torbeck, will remain in the management team. Bölkow-Anderwald emphasizes the company's development since its foundation in 1974 and sees the acquisition as a means for further expansion.

Axel Meyer of INDUS highlights the growing demand in the marine equipment industry, fueled by global offshore wind farm projects. Moreover, INDUS plans further acquisitions in the current financial year, focusing on infrastructure networks and energy technology.

R. E.

Copyright © 2024 FinanzWire, all reproduction and representation rights reserved.
Disclaimer: although drawn from the best sources, the information and analyzes disseminated by FinanzWire are provided for informational purposes only and in no way constitute an incentive to take a position on the financial markets.

Click here to consult the press release on which this article is based

See all INDUS Holding AG news