Investment company INDUS Holding AG has added a new portfolio company to its Engineering segment: the stock exchange listed SME holding company has acquired 75% of the shares in DECKMA Decksmaschinen und Automation Vertriebsgesellschaft mbH, Rosengarten.
In the first half of 2024, the portfolio companies of stock exchange listed INDUS Holding AG generated sales of EUR 839.1 million. Because of the weak economy, business activity was slower than in the previous year (EUR 904.1 million), as had been expected.
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.
Bergisch Gladbach, 31 July 2024 – INDUS Holding AG (ISIN: DE0006200108) is adjusting its sales and EBIT forecast as well as its expectations for the EBIT margin for the 2024 financial year. The Board of Management now expects Group sales of EUR 1.70 billion to EUR 1.80 billion (previously: EUR 1.85 billion to EUR 1.95 billion) and operating income (EBIT) of between EUR 125 million and EUR 145 million (previously: between EUR 145 million and EUR 165 million).
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.