EQS-Adhoc 213 0 Kommentare HÖRMANN Industries GmbH: Successful closing of the sale of HÖRMANN Automotive Eislingen GmbH

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HÖRMANN Automotive Eislingen GmbH sold successfully to Rheingold Capital SE.
Purchase price and contractual details not disclosed.
HÖRMANN Automotive to focus on commercial vehicle components and systems.

EQS-Ad-hoc: Hörmann Industries GmbH / Key word(s): Strategic Company Decision/Disposal
HÖRMANN Industries GmbH: Successful closing of the sale of HÖRMANN Automotive Eislingen GmbH

01-Nov-2023 / 07:55 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

HÖRMANN Industries GmbH: Successful closing of the sale of HÖRMANN Automotive Eislingen GmbH

Kirchseeon, 1 November 2023 - HÖRMANN lndustries GmbH (corporate bond, ISIN: NO0012938325) announces that the sale of its subsidiary HÖRMANN Automotive Eislingen GmbH by HÖRMANN Automotive GmbH to an investment company of Rheingold Capital SE was successfully completed late the previous evening. As announced in the ad hoc announcement of 27 September 2023, the closing of the sale was previously subject to conditions precedent. The parties have agreed not to disclose the purchase price and the contractual details.

In order to strengthen the sustainable competitiveness of the Automotive division in the face of the structural transformation in the automotive supply industry, HÖRMANN Automotive will henceforth focus on the development and production of components and systems for commercial vehicle chassis, body parts and battery carriers.

Contact:

HÖRMANN Industries GmbH
Celina Begolli
Hauptstraße 45-47
D-85614 Kirchseeon
T +49 8091 5630 0
F +49 8091 5630 195
info@hoermann-gruppe.com

Financial and business press:

IR.on AG
Frederic Hilke
T +49 221 9140 97 18
hoermann@ir-on.com

End of Inside Information

01-Nov-2023 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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Language:	English
Company:	Hörmann Industries GmbH
	Hauptstr. 45-47
	85614 Kirchseeon
	Germany
Phone:	+49 8091 5630-0
Fax:	+49 8091 5630-195
E-mail:	info@hoermann-gruppe.com
Internet:	www.hoermann-gruppe.com
ISIN:	DE000A2AAZG8
WKN:	A2AAZG
Listed:	Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Basic Board), Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange
EQS News ID:	1762095