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SIMONA Aktiengesellschaft
ISIN: DE000A3E5CP0
WKN: A3E5CP
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SIMONA Aktiengesellschaft · ISIN: DE000A3E5CP0 · Newswire (adhoc)
Country: Deutschland · Primary market: Germany · EQS NID: 2154892
16 June 2025 09:20AM

SIMONA acquires Dutch suppliers of cable protection solutions


EQS-Ad-hoc: SIMONA Aktiengesellschaft / Key word(s): Takeover/Strategic Company Decision
SIMONA acquires Dutch suppliers of cable protection solutions

16-Jun-2025 / 09:20 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.
The issuer is solely responsible for the content of this announcement.



Kirn, 18 June 2025. SIMONA AG plans to acquire 100 percent of the ownership interests in Electroplast B. V. and Dutchclamp B. V., based in Dordrecht, Netherlands. Electroplast is a provider of plastic solutions for the protection of cables and pipes, the focus being on cable protection sheets and ducts. Dutchclamp develops and produces plastic cable clamps and blocks for mounting low-, medium-, and high-voltage cables. Together, the two companies generate revenue of around €17 million and employ a workforce of more than 30 people. The customer base of the two companies consists primarily of grid operators, energy suppliers, distributors, and companies involved in the expansion of fiber optics.

This acquisition will allow the Infrastructure business line to expand its product portfolio in the segment of cable protection. Electroplast's product range is aimed primarily at the protection of underground infrastructure relating to transmission and distribution networks. The high proportion of recycling-based solutions within Electroplast's portfolio complements the SIMONA range of sustainable products – in line with the clearly defined target set out in the company's sustainability strategy. Dutchclamp brings products to the SIMONA Group that ensure secure fastening and reliable operation, particularly in substations and in the installation of low-, medium-, and high-voltage cables.

The seller of the two entities is the holding company Slagboom Beheer B.V, Dordrecht, Netherlands. The closing of the transaction is to be concluded as soon as possible. The transaction is being executed as part of a so-called locked-box procedure, whereby economic transfer will take place retroactively as of January 1, 2025. The parties involved have agreed not to disclose details regarding the purchase price.

This transaction gives SIMONA access to attractive, high-growth cable protection markets in the Netherlands, but also at an international level. In addition, many products are making a contribution to sustainable transformation through durable and recycling-based plastic solutions.
 


End of Inside Information

16-Jun-2025 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com


Language: English
Company: SIMONA Aktiengesellschaft
Teichweg 16
55606 Kirn an der Nahe
Germany
Phone: 06752-14-997
Fax: 06752-14-738
E-mail: eric.schoenel@simona-group.com
Internet: www.simona.de
ISIN: DE000A3E5CP0
WKN: A3E5CP
Listed: Regulated Market in Frankfurt (General Standard); Regulated Unofficial Market in Berlin, Munich, Stuttgart
EQS News ID: 2154892

 
End of Announcement EQS News Service

2154892  16-Jun-2025 CET/CEST

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