Hahl Pedex Group Gmbh acquired a 53% stake in Alpine Metal Tech GmbH from Montana Aerospace AG (SWX:AERO) for €31.35 million on December 23, 2022. After completion, Montana Aerospace AG will hold 47% stake in Alpine Metal Tech GmbH. Consideration will be paid in cash in two tranches. In first tranche, a fixed amount of €15 million is payable immediately and in second tranche an amount of €16.35 million is a variable component based on the financial performance of Alpine Metal Tech. Alpine Metal Tech reported net sales of €109.62 million, equity of €59.14 million for the year 2022.

An unknown buyer completed the acquisition of a 53% stake in Alpine Metal Tech GmbH from Montana Aerospace AG (SWX:AERO) on December 23, 2022.