Linz (pta029/29.08.2022/14:00) - Linz, 29 August 2022: Kontron (www.kontron.ag, ISIN AT0000A0E9W5, WKN A0X9EJ, KTN) through Kontron Transportation GmbH (Austria) has entered into an agreement with Kapsch TrafficCom to acquire the public transport business in Spain, which is bundled in the Kapsch TrafficCom Group company Arce Mobility Solutions, S.A. The transaction is subject to regulatory approvals. Public transport is not part of Kapsch TrafficCom's strategic core business.
Kontron Transportation GmbH is an international leading provider of end-to-end communication systems for railways. The company also offers ticketing solutions for public transport and the acquisition enriches this business. In the last fiscal year 2021/22 Arce Mobility Solutions, S.A. generated revenues of 11.2 million EUR and employs more than 115 people.
Relevant advantages are expected with the acquisition of the company: The technology group expands its own product portfolio and increases internal engineering capacities. Moreover, Kontron Transportation GmbH increases its presence in the public transport sector on the Iberian market and further expands the existing business.
Kontron AG (www.kontron.ag, ISIN AT0000A0E9W5, WKN A0X9EJ, SANT/ since 2 June 2022 KTN) - previously S&T AG - is a growing IoT technology group with more than 6,000 employees and subsidiaries in 32 countries around the world. The company is listed on the TecDAX® and SDAX® of the German Stock Exchange and is one of the leading providers of smart solutions for a host of industries. With a well-known brand and its own technologies in the fields of smart factory, railway communication systems, communication solutions and smart energy, Kontron is the well-trusted partner helping businesses undertake their digital transformation journeys in a wide range of industries to achieve their future ambitions. With its brand S&T, the company is one of the leading IT service providers in Central and Eastern Europe offering a comprehensive range of IT services including datacenter and SAP operations, workplace management, IT security or IT consulting.
About Kontron Transportation
Kontron Transportation GmbH is a global leading supplier of dedicated end-to-end communication solutions for mission-critical networks that offers tailor made solutions to support its customers with their communication challenges. Main customers are railways and public transport operators all over Europe. Kontron Transportation drives the evolution into the next generation of broadband solutions for mission-critical networks, for instance as an associated member of the European research initiative Shift2Rail. The company has more than 450 employees, 10 sites all over Europe and is headquartered in Vienna.
About Kapsch TrafficCom
Kapsch TrafficCom is a globally renowned provider of transportation solutions for sustainable mobility with successful projects in more than 50 countries. Innovative solutions in the application fields of tolling, tolling services, traffic management and demand management contribute to a healthy world without congestion. With one-stop-shop-solutions, the company covers the entire value chain of customers, from components to design and implementation to the operation of systems. Kapsch TrafficCom, headquartered in Vienna, has subsidiaries and branches in more than 25 countries and is listed in the Prime Market segment of the Vienna Stock Exchange (ticker symbol: KTCG). In its 2021/22 financial year, 4,220 employees generated revenues of about EUR 520 million.(end)