Hörmann Industries GmbH / DE000A2AAZG8
01.11.2023 - 07:55:57HÖRMANN Industries GmbH: Successful closing of the sale of HÖRMANN Automotive Eislingen GmbH
| EQS-Ad-hoc: Hörmann Industries GmbH / Key word(s): Strategic Company Decision/Disposal 01-Nov-2023 / 07:55 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 AG. The issuer is solely responsible for the content of this announcement. Kirchseeon, 1 November 2023 - HÖRMANN lndustries GmbH (corporate bond, ISIN: NO0012938325) announces that the sale of its subsidiary HÖRMANN Automotive Eislingen GmbH by HÖRMANN Automotive GmbH to an investment company of Rheingold Capital SE was successfully completed late the previous evening. As announced in the ad hoc announcement of 27 September 2023, the closing of the sale was previously subject to conditions precedent. The parties have agreed not to disclose the purchase price and the contractual details. In order to strengthen the sustainable competitiveness of the Automotive division in the face of the structural transformation in the automotive supply industry, HÖRMANN Automotive will henceforth focus on the development and production of components and systems for commercial vehicle chassis, body parts and battery carriers. Contact: HÖRMANN Industries GmbH Celina Begolli Hauptstraße 45-47 D-85614 Kirchseeon T +49 8091 5630 0 F +49 8091 5630 195 info@hoermann-gruppe.com Financial and business press: IR.on AG Frederic Hilke T +49 221 9140 97 18 hoermann@ir-on.com End of Inside Information 01-Nov-2023 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.eqs-news.com |
| Language: | English |
| Company: | Hörmann Industries GmbH |
| Hauptstr. 45-47 | |
| 85614 Kirchseeon | |
| Germany | |
| Phone: | +49 8091 5630-0 |
| Fax: | +49 8091 5630-195 |
| E-mail: | info@hoermann-gruppe.com |
| Internet: | www.hoermann-gruppe.com |
| ISIN: | DE000A2AAZG8 |
| WKN: | A2AAZG |
| Listed: | Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Basic Board), Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange |
| EQS News ID: | 1762095 |
| End of Announcement | EQS News Service |
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1762095 01-Nov-2023 CET/CEST
