Press release | HAL |
HAL TO ACQUIRE 31.45% IN PRODRIVE
TECHNOLOGIES
HAL signed an agreement to acquire 31.45% of the shares in Prodrive Technologies Group B.V. ("Prodrive Technologies"). The company is active in the research, development and manufacturing of high-tech electronics, software and mechatronic products and systems. Prodrive Technologies provides solutions for, amongst others, the semiconductor, medical and electric mobility industries. Sales over the financial year ending December 31, 2020, amounted to € 279 million. The company is based in Son, the Netherlands, and employs approximately 2,075 FTE.
The completion of the transaction is subject to conditions customary for transactions of this nature, including approval by the relevant competition authorities as well as finalization of the procedures under the Works Council Act.
HAL Holding N.V.
December 24, 2021
16h30
HAL HOLDING N.V.
5, AVENUE DES CITRONNIERS, MC 98000 MONACO
Commercial registry Curaçao 46339
TEL: (377) 92 16 75 79 FAX: (377) 93 25 54 34
Attachments
- Original Link
- Original Document
- Permalink
Disclaimer
HAL Trust NV published this content on 24 December 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 27 December 2021 08:26:08 UTC.