DGAP-News: PRIMEPULSE SE / Key word(s): Takeover 
MEMBER OF PRIMEPULSE: KATEK acquires Leesys Group in Leipzig 
 
2020-12-23 / 19:36 
The issuer is solely responsible for the content of this announcement. 
 
*MEMBER OF PRIMEPULSE: KATEK acquires Leesys Group in Leipzig * 
 
*Long-term continuity ensured for customers, employees and suppliers* 
 
Munich, 23.12.2020 - The second largest German electronics service provider 
KATEK, a portfolio company of PRIMEPULSE SE, acquires the Leipzig-based 
Leesys Group and thus continues its growth course. 
 
The finalization of the transaction is planned for the beginning of next 
year and is subject to the approval of the antitrust authorities, broad 
employee approval of the transfer and the conclusion of an in-house 
collective bargaining agreement that will keep the Leipzig site competitive 
in the long term. 
 
Leesys has been successful in the market for years, but opened insolvency in 
self-administration due to the collapse in sales of two major customers in 
the crisis year 2020. KATEK takes over in the course of the transaction: 
 
- the Leipzig electronics site with just under 250 employees, as well as all 
obligations arising from ongoing business operations with customers and 
suppliers, 
 
- the Leesys site in Lithuania 
 
- as well as the TeleAlarm Group with locations in Switzerland, the 
Netherlands and Germany - a market leader in the field of hardware and 
software solutions that help elderly people and people with physical 
disabilities to lead a self-determined life in their familiar surroundings. 
 
Rainer Koppitz, CEO of the KATEK Group: "Leesys, the future KATEK Leipzig 
GmbH, with its subsidiary TeleAlarm, will become another independently 
managed speedboat of the KATEK fleet. We are pleased that we were able to 
convince the long-standing managing director Dr. Arnd Karden to continue his 
consistent course of economically sustainable positioning in the future as 
part of the KATEK family." 
 
Dr. Arnd Karden, future Managing Director of KATEK Leipzig GmbH, adds: "We 
are pleased to have a partner in KATEK SE that will enable us to continue 
the successful course we have been pursuing in recent years. Our expertise 
in the development and production of complete systems, especially in the 
automotive, industry and smart city sectors, has led to numerous successful 
projects with our customers; for example, in products for eMobility such as 
charging technology or for IoT applications. I would like to thank our 
customers, as well as our suppliers and employees, for their loyalty, and 
promise to continue our successful cooperation." 
 
The acquisition is a logical continuation of KATEK's strategy of further 
growth in its core area of electronics services, while at the same time 
building up new competencies in the high-potential, sophisticated area of 
high-value electronics. This includes, for example, TeleAlarm with its 
successful solutions in the health care market. 
 
KATEK forms the Electronics division of the technology-oriented PRIMEPULSE 
group of companies based in Munich. Klaus Weinmann, CEO of KATEK's majority 
shareholder PRIMEPULSE SE: "Almost exactly four years ago, we as PRIMEPULSE 
laid the foundation for today's KATEK and its path to becoming a leading 
European service provider in the electronics sector with the purchase of 
Steca in Memmingen. With Leesys, KATEK gains not only an experienced and 
motivated management but also an established company with a first-class 
reputation in the electronics environment. The acquisition, as well as the 
economic tailwind we expect in 2021, is expected to grow the KATEK Group to 
well over half a billion euros in sales." 
 
About KATEK 
 
The internationally active KATEK SE Group is one of the leading electronics 
service providers in Europe. With its 2,400 employees at locations in 
Germany and Eastern Europe, the KATEK Group generates sales revenues of 
around 400 million euros. Its range of services covers the entire life cycle 
of electronic assemblies and devices, from development to materials and 
project management, electronics manufacturing, box building, test 
engineering, logistics and after-sales service. KATEK thus serves a 
production volume ranging from prototypes and small series to large series 
for all industries. Find out more at www.katek-group.de 
 
About PRIMEPULSE 
 
PRIMEPULSE is a dynamic global investment holding based in Munich. Its focus 
is on technology-oriented companies in promising business areas. The group 
of companies generates consolidated annual sales revenues of one billion 
Euros and employs more than 5,000 people worldwide. PRIMEPULSE pursues a 
long-term, value-oriented investment approach and sees itself as a strategic 
partner of its Group companies, actively supporting them in their growth 
ambitions. Behind PRIMEPULSE are the founders of MDAX-listed CANCOM SE. Find 
out more at www.primepulse.de 
 
Contact: 
PRIMEPULSE SE 
Beate Rosenfeld 
Director Communication 
beate.rosenfeld@primepulse.de 
 
2020-12-23 Dissemination of a Corporate News, transmitted by DGAP - a 
service of EQS Group AG. 
The issuer is solely responsible for the content of this announcement. 
 
The DGAP Distribution Services include Regulatory Announcements, 
Financial/Corporate News and Press Releases. 
Archive at www.dgap.de 
1156854 2020-12-23

(END) Dow Jones Newswires

December 23, 2020 13:36 ET (18:36 GMT)