Schaltbau Holding AG

The European Commission approved the acquisition of German railway systems and components supplier Schaltbau by Voltage BidCo, a subsidiary of US investment firm Carlyle. Carlyle offered €53.50 per share, a 32% premium. The acquisition was announced on August 7, 2021.

Schaltbau Holding AG entered into an investment agreement with Carlyle, which will launch a voluntary public takeover offer at EUR 53.50 per share in cash, representing a 32% premium. Carlyle secured irrevocable undertakings from shareholders representing about 69% of shares.

Schaltbau Holding AG held a ground-breaking ceremony for a new manufacturing plant in Velden, Bavaria, Germany. The plant, called the 'NExT Factory', will produce electromechanical components for DC applications in e-mobility and new energy.

Pintsch Bamag GmbH, owned by Schaltbau Holding AG, sold Pintsch Bubenzer GmbH to Dellner Bubenzer Group GmbH, owned by Dellner Invest AB and Active Ownership Capital. The price was not disclosed.