With the closing on 5 June 2024, stock exchange listed INDUS Holding AG has completed the acquisition of the British company Colson X-Cel. The medium-sized manufacturer of industrial valves for the control and regulation of liquids and gases is now wholly owned by the INDUS Group.
At today’s Annual Shareholders’ Meeting of INDUS Holding AG at Koelnmesse’s Congress Centre North, a large majority of the shareholders approved all proposals made by the management for all voting items on the agenda. The attending shareholders represented around 54 percent of the registered share capital. This year, the Annual Shareholders’ Meeting was held as a physical meeting again.
The listed company INDUS Holding AG is strengthening its Engineering segment with a further add-on acquisition: Pneumatic Components Ltd (PCL), a subsidiary of INDUS portfolio company HORNGROUP, is buying 100% of the shares in COLSON X-Cel Ltd.
Bergisch Gladbach, 21 February 2024 – Today, the Board of Management of INDUS Holding resolved, with the approval of the Supervisory Board, to launch a public buyback offer to shareholders of INDUS Holding AG for up to 1,100,000 no-par value bearer shares of INDUS Holding AG (ISIN DE0006200108) at a price of EUR 23.00 per share.
Bergisch Gladbach, 23rd February 2023 – Based on the PARKOUR perform strategy update published in December 2022 and the related discontinuation of the previous Automotive Technology segment, INDUS Holding AG reclassified the three portfolio companies SCHÄFER, SELZER and SMA from the Automotive Technology segment to discontinued operations.
Bergisch Gladbach, 24 October 2022 – As INDUS Holding AG (“INDUS”) had already reported on September 23, 2022, its portfolio company S.M.A. Metalltechnik GmbH & Co. KG (“SMA”) – a series supplier to the automotive industry – has been conducting intensive negotiations with its major customers on an adjustment of the existing supply contracts. SMA did not succeed in achieving the necessary adjustments to the existing supply contracts.