EQS-Adhoc: FORTEC Elektronik AG: Acquisition in the data visualisation sector

FORTEC Elektronik AG: Acquisition in the data visualisation sector

FORTEC Elektronik AG announces the takeover of Nottrot B.V., a manufacturer of monitors for maritime, military and industrial use, based in the Netherlands. With this step, FORTEC is reinforcing its strategic market position in Central Europe, enabling its entry into the maritime market in the data visualisation sector and simultaneously expanding the technological basis and vertical added value in future-relevant applications.

The purchase price is in the single-digit millions range and is financed by existing cash and cash equivalents. The purchase contract was signed today.

Nottrot B.V. was founded in 2000, is headquartered in Oosterhout, North-Brabant and currently employs around 8 people. In the previous financial year (01/01 - 31/12/2024) the company achieved a turnover of around EUR 3.2 million and operating earnings (EBIT) of around EUR 0.8 million.

Sandra Maile

Chair of the Management Board

FORTEC Elektronik AG | Augsburger Str. 2b | 82110 Germering | Germany
Phone: +49 89 894450 232
aktie@fortecag.de | www.fortecag.de

FORTEC Elektronik AG (ISIN Share: DE0005774103, WKN: 577410), based in Germering, Germany, was founded in 1984 as an international distributor of standard solutions in the field of power supplies, embedded systems and displays. In addition, the FORTEC Group today offers customer-specific developments and complete system developments. Since April 2020, FORTEC Elektronik AG has been the holding company responsible for management of the affiliated companies, group strategy and essential parts of the administration. FORTEC Elektronik AG has subsidiaries in Germany, Switzerland, the UK and the USA.