SIMONA Aktiengesellschaft / DE000A3E5CP0
16.06.2025 - 09:20:04SIMONA acquires Dutch suppliers of cable protection solutions
EQS-Ad-hoc: SIMONA Aktiengesellschaft / Key word(s): Takeover/Strategic Company Decision 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 |
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2154892 16-Jun-2025 CET/CEST