DGAP-Ad-hoc: SMT Scharf AG / Key word(s): Offer/Strategic Company Decision
SMT Scharf AG examines investment in electronics specialist
Hamm, March 27, 2019 - SMT Scharf AG (WKN 575198, ISIN DE0005751986) is at an advanced stage of negotiations regarding an investment in ser elektronik GmbH based in Möhnesee. With this planned investment, SMT Scharf is aiming to consistently pursue its corporate strategy and expand its portfolio to include valuable expertise in the electronics and controls area. SMT Scharf has already been working for more than 20 years with the electronics specialist, which develops and produces customer-specific electronic controls and components for SMT Scharf's transport solutions. In 2018, ser elektronik achieved revenue of around EUR 3 million and EBIT of more than EUR 300 thousand. The planned acquisition of ser elektronik is intended to help strengthen SMT Scharf's in-house expertise in this area and align its transport systems to the growing requirements of underground mining.
27-March-2019 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
|Company:||SMT Scharf AG|
|Phone:||+49 2381 960-01|
|Fax:||+49 2381 960-230|
|Listed:||Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange|
|EQS News ID:||792381|
|End of Announcement||DGAP News Service|
792381 27-March-2019 CET/CEST