Komax Holding AG: Romanian Competition Council approves acquisition of Thonauer Group

Komax Holding AG / Komax Holding AG: Romanian Competition Council approves acquisition of Thonauer Group . Processed and transmitted by Nasdaq OMX Corporate Solutions. The issuer is solely responsible for the content of this announcement.

The decision validates all the conditions for the final acquisition. Komax is acquiring Thonauer Group as part of a succession arrangement. Thonauer's presence in seven countries in the fast-growing central and eastern European market makes it an ideal fit for Komax Wire's service and distribution network. The Group also has extensive experience as a solutions provider, while its engineering capacities in Hungary will also enhance local skills in customer-specific application development.

The Komax Group is a global technology company that focuses on markets in the automation sector. As a leading manufacturer of innovative and high-quality solutions for the wire processing industry and systems for the assembly of self-medication instruments, Komax helps its customers implement economical and safe manufacturing processes, especially in the automotive supply and pharmaceutical sectors. The Komax Group employs around 1 550 people worldwide and provides sales and service support via subsidiaries and independent agents in around 60 countries.

The media release can be downloaded from the following link:

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Komax Holding AG
Industriestrasse 6 Dierikon Switzerland

WKN: 1070215 ;ISIN: CH0010702154;