H&K AG takes over Chrom-Müller
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EQS-Ad-hoc: H&K AG / Key word(s): Takeover Ad hoc-notification
Oberndorf am Neckar, 28 November 2024 H&K AG takes over Chrom-Müller Today, H&K AG acquired all shares in Chrom-Müller Metallveredelung GmbH, based in Oberndorf a.N., as well as various associated properties from the previous shareholders, the Stark and Müller-Stark family. A high single-digit million euro amount was agreed as the purchase price. With this acquisition, H&K AG is continuing its expansion course. The acquisition is of strategic importance for H&K AG, as H&K AG has secured the long-term expertise of chrome plating of Weapon-pipes, which primarily concerns the important area of war weapons, and has also used the opportunity to diversify into civil, sustainable applications, as the chrome plating of product parts can also be carried out for companies in the automotive industry, mechanical and plant engineering and the aviation industry to extend the life of products. The sellers of Chrom-Müller Metallveredelung GmbH, the Chrom-Müller Besitz GbR and H&K AG have agreed to keep further details of the company acquisition confidential.
Contact H&K AG Telefon: +49 7423 79-0
End of Inside Information
28-Nov-2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
| Language: | English |
| Company: | H&K AG |
| Heckler & Koch-Straße 1 | |
| 78727 Oberndorf am Neckar | |
| Germany | |
| Phone: | 07423 79-0 |
| Fax: | 07423 79-2350 |
| E-mail: | info.ir@heckler-koch-de.com |
| Internet: | www.heckler-koch.com |
| ISIN: | DE000A11Q133, XS1649057640 |
| WKN: | A11Q13 |
| Listed: | Paris |
| EQS News ID: | 2040681 |
| End of Announcement | EQS News Service |
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2040681 28-Nov-2024 CET/CEST
