EQS-News

SBF takes next growth step and completes consolidation of AMS Software & Elektronik

EQS-News: SBF AG / Key word(s): Mergers & Acquisitions SBF takes next growth step and completes consolidation of AMS Software & Elektronik 25.01.2024 / 08:30 CET/CEST The issuer is solely responsible for the content of this announcement. SBF takes next growth step and completes consolidation of AMS Software & Elektronik

• Consolidation of AMS Software & Elektronik GmbH will take place from January 1, 2024
• Bundling of business in the new “Sensor Technology and Electromechanics” business area
• Diversified growth with the three divisions “Rolling Stock”, “Public and Industrial Lighting” and “Sensor Technology and Electromechanics”

Leipzig, January 25, 2024 – SBF AG (ISIN: DE000A2AAE22; WKN A2AAE2, "SBF"), a listed specialist for innovative solutions in the fields of rolling stock, lighting, electromechanics and sensor technology, has successfully completed the acquisition of AMS Software & Elektronik GmbH, a specialist for electronics, sensor and communication technology and OEM, with the entry of the new shareholding structure in the commercial register on January 19, 2024. The initial consolidation will take place from January 1, 2024. The acquisition process to deepen value creation within the SBF Group has thus been successfully completed. With the products from AMS, SBF is significantly expanding its product range in the fields of electronics as well as sensor and communication technology.

Rudolf Witt, Member of the Executive Board of SBF AG: “The consolidation of AMS is an important step in the further strategic development of the SBF Group. With organic growth and targeted acquisitions, we have built up a leading specialist for innovative solutions in the fields of rolling stock, lighting, electromechanics and sensor technology. We are therefore ideally positioned to benefit from the megatrends mobility, climate protection, digitalization and automation. We are now focusing fully on the integration of AMS into the SBF Group.“