on Kapsch TrafficCom AG (isin : AT000KAPSCH9)
Kapsch TrafficCom AG Announces Sale of North American Components Business
Kapsch TrafficCom AG has signed a transaction agreement to sell its North American components business, including Kapsch TrafficCom Canada Inc., along with related customer contracts from Kapsch TrafficCom USA, Inc. This strategic move involves the sale of 915 MHz transponder and reader designs, alongside the production facility. The transaction, aimed to positively affect the group's consolidated EBIT by an estimated EUR 10 million, is pending necessary customer approvals. The closure, expected in 2027, will finalize post-fulfillment of all conditions.
The agreement excludes the tolling system business, which remains a significant part of Kapsch TrafficCom's North American operations. The proceeds from this transaction will be realized upon completion, contributing financially to the company's growth strategy. This announcement marks a decisive step for Kapsch TrafficCom as it restructures its business operations in North America.
R. H.
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