DGAP-News: OHB SE / Key word(s): Miscellaneous
OHB SE will adopt the following changes to the Group structure in order to achieve synergy effects through the pooling of activities, achieve better market access and create an improved basis for further growth by intensifying the concentration of the activities of individual companies.
From September 1, 2019, OHB System AG will hold all shares in its former sister company MT Mechatronics GmbH (MTM) based in Mainz. OHB SE previously held 70 % of the shares indirectly and Apollo Capital Partners GmbH 30 % indirectly. MTM is a specialized general contractor for the development and construction of optical and radio telescopes for scientific applications as well as antennas for satellite communication. OHB System AG is also a provider of services in the space ground segment and scientific missions, with the result that these Group activities will in future be bundled within OHB System AG. On the other hand, this step will enable OHB System AG to strengthen its activities in the ground segment and deepen its value chain in this area.
OHB Satellitenbetrieb operational as a Service Provider
OHB Satellitenbetrieb GmbH recently commenced operations. It now has 18 employees and has taken over the operation of four subsystems of the Earth observation satellites SAR-Lupe and Helios at the Gelsdorf site. The company is also currently preparing to operate the successor system SARah. These activities mean that it is ideally positioned to take on Group-wide coordination activities in the field of operating satellite constellations in the long term, and further projects are in the acquisition phase.
OHB strengthens launch service portfolio
The new operating subsidiary OHB Infosys GmbH will in future provide IT services for OHB SE Group companies, starting with OHB System AG and continuing on this basis with other subsidiaries.
Streamlining navigation services and telematics
OHB's current business in these areas is handled by the Group companies TeleConsult Austria GmbH (TCA), M2M Europe Network and Solutions GmbH (M2M) and OHB Logistic Solutions GmbH. Following the acquisition of TCA as of January 1, 2019, it will now be expanded as a leading company in this area. From September 2019 on, it will operate under the name OHB Digital Solutions GmbH, Graz. M2M will be merged with the renamed company.
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Tel.: +49 421 - 2020-9438
30.08.2019 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
|Phone:||+49 (0)421 2020 8|
|Fax:||+49 (0)421 2020 613|
|Listed:||Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange|
|EQS News ID:||866111|
|End of News||DGAP News Service|