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INDUS Holding AG: INDUS acquires packaging machinery specialist

·4-min read

DGAP-News: INDUS Holding AG / Key word(s): Investment
17.12.2021 / 11:14
The issuer is solely responsible for the content of this announcement.

INDUS acquires packaging machinery specialist

Bergisch Gladbach, 17 December 2021 - Stock exchange-listed INDUS Holding AG will take over 100% of the shares in Heiber und Schröder Maschinenbau GmbH (H+S), headquartered in Erkrath, Germany, and its subsidiary Heiber Schroeder USA, Inc., headquartered in Cary, Illinois. Established in 1985 and employing some 70 people, the medium-sized supplier of special machinery for the cardboard industry plans to generate sales of approx. EUR 28 million in 2021. The H+S Group covers the value chain from machine development to service and serves packaging manufacturers across the globe, primarily in the supply sector for the food and cosmetics industries, but also for the household goods and toys industries. After the acquisition, INDUS will unite 48 subsidiaries under its roof.

"As the technology leader in tray forming and window patching machines, H+S is a typical hidden champion in a niche segment, which is exactly what we are looking for to strengthen our portfolio," says Dr. Johannes Schmidt, Chairman of the INDUS Board of Management. "Machines from H+S are used in automated processes in the cardboard industry. H+S incorporates current developments such as the substitution of cardboard for plastics or automated shipment packaging in the mail order business into new machine concepts. It is this innovative strength and the clear focus on markets of the future which convinced us."

"Together with my two co-partners, we were looking for a new owner for the H+S Group who is able to offer the company and its employees excellent growth prospects," says Dr. Julius Schröder-Frerkes, the previous owner of H+S. "Global trends such as automation and sustainability promise great growth potential. These market opportunities can now be leveraged by the H+S team together with a strong partner in the background." Dr. Julius Schröder-Frerkes will remain associated with the company as a consultant. The long-serving managing directors André Garmer and Gustavo Adolfo Cuata-Mata will stay responsible for the operational management of the H+S Group.

Following the recent acquisitions of JST, WIRUS and the complementary addition of FLACO, the INDUS Group is continuing its growth strategy. "The stability of the non-cyclical food industry has become particularly evident during the pandemic. The acquisition of the H+S Group thus allows us to further strengthen our diversified portfolio," says Dr. Johannes Schmidt.

About INDUS Holding AG:
Established in 1989 and headquartered in Bergisch-Gladbach, INDUS Holding AG is an SME holding company which concentrates on the long-term development of its portfolio companies. The industry focus is on construction and infrastructure, automotive technology, mechanical and plant engineering, medical engineering and life sciences as well as metals technology. As a leading specialist for sustainable corporate development, INDUS attaches great importance to the operational autonomy of its portfolio companies. Since 1995, INDUS Holding AG has been listed in the Prime Standard of the Frankfurt Stock Exchange (DE0006200108); in 2020, the Group generated sales of around EUR 1.56 billion. For more information on INDUS, visit www.indus.de.

Contact:
Nina Wolf & Dafne Sanac
Public Relations & Investor Relations

INDUS Holding AG
Kölner Straße 32
51429 Bergisch Gladbach
Germany

Tel +49 (0) 022 04 / 40 00-73
Tel +49 (0) 022 04 / 40 00-32
E-mail presse@indus.de
E-mail investor.relations@indus.de
www.indus.de


17.12.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de

Language:

English

Company:

INDUS Holding AG

Kölner Straße 32

51429 Bergisch Gladbach

Germany

Phone:

+49 (0)2204 40 00-0

Fax:

+49 (0)2204 40 00-20

E-mail:

indus@indus.de

Internet:

www.indus.de

ISIN:

DE0006200108

WKN:

620010

Indices:

SDAX

Listed:

Regulated Market in Dusseldorf, Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange; Vienna Stock Exchange

EQS News ID:

1258897


 

End of News

DGAP News Service

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