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on Cherry SE (isin : DE000A3CRRN9)

Cherry SE and Contour Design Finalize Hygiene Peripherals Transition

Munich and Copenhagen witnessed a strategic agreement between Cherry SE and Contour Design on May 8, 2025. The partnership involves the transition of Cherry's hygiene peripherals business, previously known as "Active Key," to Contour Design. Closing is anticipated by the end of May.

Active Key, established in 2005, offers durable and reliable hygienic input devices, including card readers. Acquired by Cherry in 2021, the business aligns with Contour Design's specialization in sectors like healthcare and aims for growth in Europe, the USA, and the Middle East.

The purchase, worth EUR 21 million, comprises fixed cash and an earn-out arrangement based on financial achievements, ensuring long-term success. All employees and assets will be transferred, subject to regulatory approval.

With this sale, Cherry aims to strengthen its focus on office, gaming, and digital health, while Contour plans to rejuvenate the Active Key brand, emphasizing growth with existing and new resources.

R. P.

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