Kontron AG is set to acquire 100% of Comlab AG, a leader in data communication technologies for trains, to strengthen its market position in the railway sector.
Target Information
Kontron AG has announced the signing of a contract to acquire 100% of the shares of Comlab AG, a specialist in data communication repeaters for trains, based in Switzerland. In 2022, Comlab recorded a revenue of €20 million with a balanced result. The transaction is expected to close by the end of July.
Integrating Comlab into Kontron Transportation is aimed at strengthening the company's market position in the railway sector. Comlab possesses a proprietary product portfolio, robust development capabilities, and a significant market presence in Switzerland, Germany, and China, where Kontron Transportation seeks to expand its influence. Comlab's products are critical for mission-critical networks, enhancing and repeating signals.
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Industry Overview
The railway industry has seen significant advancements in technology, particularly in the realm of data communication and connectivity solutions. As rail networks grow increasingly complex and pa
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Disclosed details
Revenue: $20M
Net Income: $2M