DGAP-News

​​​​​​​HÖRMANN Industries accelerates growth course

DGAP-News: Hörmann Industries GmbH / Key word(s): Personnel ​​​​​​​HÖRMANN Industries accelerates growth course 24.05.2022 / 10:15 The issuer is solely responsible for the content of this announcement. HÖRMANN Industries accelerates growth course

• Focus on growth in non-automotive sectors with sales target of EUR 750 million in 2025
• Establishment of a new “Intralogistics” division within HÖRMANN Industries
• Expansion of the management board with Dr. Christian Baur as CTO from 1 July 2022

Kirchseeon, 24 May 2022 – HÖRMANN Industries GmbH (corporate bond, WKN: A2TSCH) has decided to pool its various business activities in the logistics, conveyor technology, automation technology, assembly and services segments in a new division named “Intralogistics”. HÖRMANN Industries is thus responding to the sharp rise in market demand for sophisticated system solutions for intralogistics, for automation solutions for production, warehouse and distribution logistics and for services in this area. The aim of this strategic restructuring is to generate dynamic profitable growth in this lucrative market segment and hence to further accelerate HÖRMANN Industries’ growth in non-automotive sectors.

HÖRMANN Industries can rely on the core competencies developed over many decades and the experience proven in many reference plants as a general contractor for the implementation of turnkey material flow solutions and as a product supplier for conveyor technology. The new Intralogistics division unites HÖRMANN Logistik GmbH, Klatt Fördertechnik GmbH, HÖRMANN Logistik Polska Sp. z o.o. and HÖRMANN Logistik Systeme GmbH under the umbrella of the intermediate holding company HÖRMANN Intralogistik GmbH. In addition, the subsidiaries of the former Services division, HÖRMANN Industrieservice GmbH, HÖRMANN Automationsservice GmbH and MAT Maschinentechnik GmbH, will be integrated into the Intralogistics division. Going forward, the HÖRMANN Group will hence comprise the four divisions Automotive, Communication, Engineering and Intralogistics.