Munich \u2014 PRIMEPULSE SE has sold its majo\u00adrity stake in the listed company KATEK SE. The buyer was Kontron Acqui\u00adsi\u00adti\u00adons GmbH, a wholly-owned subsi\u00addiary of Kontron AG, which is also listed on the stock exch\u00adange. A HEUKING team led by Munich part\u00adner Boris D\u00fcrr advi\u00adsed PRIMEPULSE SE on this transaction.<\/p>\n
Speci\u00adfi\u00adcally, this invol\u00adved the sale of around 60% of all KATEK shares. The purchase price for the share package is around EUR 130 million.<\/strong> Anti\u00adtrust appr\u00adoval is still pending and the tran\u00adsac\u00adtion is expec\u00adted to be comple\u00adted by March 2024. Kontron will gain control of KATEK SE as a result of the tran\u00adsac\u00adtion and will make a manda\u00adtory offer to the outside share\u00adhol\u00adders follo\u00adwing the transaction.<\/p>\n The KATEK Group<\/strong> is one of the leading elec\u00adtro\u00adnics service provi\u00adders in Europe. The range of services covers the entire life cycle of elec\u00adtro\u00adnic assem\u00adblies and devices. KATEK places parti\u00adcu\u00adlar empha\u00adsis on the deve\u00adlo\u00adp\u00adment of rene\u00adwa\u00adble energy tech\u00adno\u00adlo\u00adgies such as control elec\u00adtro\u00adnics for photo\u00advol\u00adtaic systems and intel\u00adli\u00adgent char\u00adging solu\u00adti\u00adons for elec\u00adtric vehic\u00adles. With more than 3,500 employees at loca\u00adti\u00adons in Europe, Asia and North America, the KATEK Group is expec\u00adted to gene\u00adrate sales of over EUR 750 million in the 2023 finan\u00adcial year.<\/p>\n PRIMEPULSE SE<\/strong> is an invest\u00adment holding company based in Munich. PRIMEPULSE is backed by the successful foun\u00adders, entre\u00adpre\u00adneurs and long-stan\u00adding mana\u00adgers of TecDAX-listed CANCOM SE. PRIM\u00adE\u00adPUL\u00adSE\u2019s invest\u00adment acti\u00advi\u00adties focus on the IT & tech\u00adno\u00adlogy sector and rela\u00adted growth markets. PRIM\u00adE\u00adPUL\u00adSE\u2019s port\u00adfo\u00adlio compa\u00adnies include the listed company Stem\u00admer Imaging AG and the cloud mana\u00adged service provi\u00adder glueck\u00adkanja AG.<\/p>\n The Austrian company Kontron AG<\/strong> specia\u00adli\u00adzes in auto\u00adno\u00admous commu\u00adni\u00adca\u00adtion between devices (Inter\u00adnet of Things, IoT). With the acqui\u00adsi\u00adtion of KATEK, Kontron is expan\u00adding its product port\u00adfo\u00adlio in the fast-growing areas of photo\u00advol\u00adtaics and eMobi\u00adlity Smart Char\u00adging. The take\u00adover of KATEK SE is the largest acqui\u00adsi\u00adtion in Kontron\u2019s history. In connec\u00adtion with the take\u00adover, Kontron increased its fore\u00adcast for 2024 to a conso\u00adli\u00adda\u00adted turno\u00adver of at least EUR 1.9 billion and a net profit of around EUR 100 million.<\/p>\n The Heuking team regu\u00adlarly advi\u00adses PRIMEPULSE on tran\u00adsac\u00adtions and other projects, inclu\u00adding in 2018 when PRIMPULSE took over the then KATEK GmbH from the Kath\u00adrein Group. HEUKING subse\u00adquently advi\u00adsed on seve\u00adral add-on tran\u00adsac\u00adtions and also supported the IPO of KATEK SE in 2021.<\/p>\n Consul\u00adtant PRIMEPULSE SE: <\/strong>HEUKING<\/strong><\/p>\n Boris D\u00fcrr (lead, M&A), Chris\u00adtian Schild, LL.M. (corpo\u00adrate law\/M&A), Peter M. Sch\u00e4ff\u00adler (tax law), Andreas Schruff, Felix Noack (both corpo\u00adrate law\/M&A), all Munich.<\/p>\n","protected":false},"excerpt":{"rendered":" Munich \u2014 PRIMEPULSE SE has sold its majo\u00adrity stake in the listed company KATEK SE. The buyer was Kontron Acqui\u00adsi\u00adti\u00adons GmbH, a wholly-owned subsi\u00addiary of Kontron AG, which is also listed on the stock exch\u00adange. A HEUKING team led by Munich part\u00adner Boris D\u00fcrr advi\u00adsed PRIMEPULSE SE on this tran\u00adsac\u00adtion. Speci\u00adfi\u00adcally, this invol\u00adved the sale [\u2026]<\/p>\n","protected":false},"author":2,"featured_media":50678,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"wp_typography_post_enhancements_disabled":false,"footnotes":""},"categories":[886,1364,1365,1366,1367,1368,1369,1372],"tags":[],"class_list":["post-50680","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general-en","category-featured-en","category-private-equity-en","category-news-en","category-lawyers-tax-advisors-auditors-en","category-lawyers-tax-consultants-auditors","category-investors","category-consultant"],"yoast_head":"\n