28.11.2024 16:00:12

EQS-Adhoc: H&K AG takes over Chrom-Müller

EQS-Ad-hoc: H&K AG / Key word(s): Takeover
H&K AG takes over Chrom-Müller

28-Nov-2024 / 16:00 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 AG.
The issuer is solely responsible for the content of this announcement.


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
Alexander Schuster
Press Officer/Deputy Head of Public Affairs & Communication

Telefon:   +49 7423 79-0
Fax:         +49 7423 79-2350
E-Mail:     alexander.schuster@heckler-koch-de.com

 



End of Inside Information

28-Nov-2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com


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

2040681  28-Nov-2024 CET/CEST

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