EQS-News: Krones signs agreement to acquire injection molding technology company Netstal

Krones has announcend about the imminent acquisition of 100% of Netstal Maschinen AG (Netstal) based in Naefels, Switzerland, from KraussMaffei in the press release dated January 29, 2024.

Metadata

Provider:

EQS

Retrieved on:

Wednesday, February 7, 2024

Information

Tags:

KraussMaffei, Krones, Legislation, News, Acquisition, Security (finance)

Geotags:

DEUTSCHLAND, SWITZERLAND

⚠ partially generated by AI ↴

Organisation:

KRONES, KRONES AG

Stock Symbol:

ISIN:DE0006335003

Summary

Key Points:

Krones has announcend about the imminent acquisition of 100% of Netstal Maschinen AG (Netstal) based in Naefels, Switzerland, from KraussMaffei in the press release dated January 29, 2024.
The contracting parties signed the purchase agreement yesterday.
Krones expects the transaction to be completed within the first half of 2024.
07.02.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG.

EQS-News: Krones AG

/ Key word(s): Miscellaneous

Krones signs agreement to acquire injection molding technology company Netstal

07.02.2024 / 09:00 CET/CEST

The issuer is solely responsible for the content of this announcement.

Corporate News Release

07 February 2024

Krones signs agreement to acquire injection molding technology company Netstal

Krones has announcend about the imminent acquisition of 100% of Netstal Maschinen AG (Netstal) based in Naefels, Switzerland, from KraussMaffei in the press release dated January 29, 2024. The contracting parties signed the purchase agreement yesterday. The transaction is subject to approval under the relevant antitrust legislation. Krones expects the transaction to be completed within the first half of 2024.

Contact:

Olaf Scholz

Head of Investor Relations, Krones AG

Tel.: +49 9401 70 1169

Email: [email protected]

07.02.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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

Language:	English
Company:	Krones AG
	Böhmerwaldstraße 5
	93073 Neutraubling
	Germany
Phone:	+49 (0)9401 701169
Fax:	+49 (0)9401 709 1 1169
E-mail:	[email protected]
Internet:	www.krones.com
ISIN:	DE0006335003
WKN:	633500
Indices:	MDAX
Listed:	Regulated Market in Frankfurt (Prime Standard), Munich; Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Stuttgart, Tradegate Exchange
EQS News ID:	1831899


End of News	EQS News Service

1831899 07.02.2024 CET/CEST