EQS-News

KATEK SE: KATEK signs purchase agreement for 100% takeover of American Nextek and decides on capital increase - Seite 2

In addition to quick turn prototyping, Nextek offers sophisticated electronic assembly manufacturing, complete device manufacturing (box built) as well as analytical engineering, product engineering and comprehensive test services for well-known customers in the high-tech sector.

Nextek underlines its commitment to the highest quality standards, in addition to the usual ISO 9001, with certifications in the fields of aerospace (AS 9100D), medical technology (ISO 13485) and military technology (ITAR). The company has unique laboratory capabilities for testing materials and ensuring the quality required in critical applications. As a result, Nextek is ideally positioned to benefit from growth trends in the industries it serves. 

Both parties anticipate that the realization of significant existing synergies, particularly in the areas of sales and supply chain, will further enhance the company's already strong profitability. John Roberts, Nextek's long-time CEO with excellent industry knowledge, will continue to run the site unchanged with his dedicated management team.

The KATEK management also decided on November 25 to increase the company's capital in order to take advantage of the exceptional growth opportunities in the current market situation. Specifically, in the inorganic area, the current strong market share gains in the areas of solar/renewables (YTD sales plus 132%) and tele-care (plus 170%) are to be continued, as well as the ramp-up of the technologically leading AC white label charging solution ghost ONE of the KATEK subsidiary eSystems is to be fueled. "In addition," says Dr. Johannes Fues, CFO of KATEK SE, "KATEK sees good opportunities next year for further value-enhancing company acquisitions as part of its successful acquisition strategy, including to expand its geographic presence in North America and Scandinavia."

For this reason, the Management Board of KATEK SE has decided to make partial use of the existing authorized capital 2021/I and to increase the Company's share capital of EUR 13,241,880.00 by up to EUR 1,203,807.00 to up to EUR 14,445,687.00 by issuing up to 1,203,807 new no-par value bearer shares with a notional interest in the share capital of EUR 1.00 per share against cash contributions.