Top-notch LCD technology provider supplying OEM customers in railway and traffic industry. The Company employs about 100 people generating sales of EUR 25 Mio. in 2015 and an EBIT of EUR 1 Mio. The company is among top 5 European LCD information systems providers with research intensive patented German technology products. The customer base comprises 170 active customers including top industrial OEMs and governments. There is significant potential for enlargement of the current customer base through penetration into the Eastern Europe (particularly Russia) and Asian market. The book value of assets includes EUR 13 Mio. of inventory and EUR 10 Mio. of bank debt.
EUR 1 for 100 % of the shares; haircut to be negotiated with two German banks.