SMT Scharf AG
- WKN: 575198
- ISIN: DE0005751986
- Land: Deutschland
Nachricht vom 27.03.2019 | 14:46
SMT Scharf AG examines investment in electronics specialist
DGAP-News: SMT Scharf AG / Key word(s): Strategic Company Decision SMT Scharf AG examines investment in electronics specialist Hamm, March 27, 2019 - SMT Scharf AG (WKN 575198, ISIN DE0005751986) is at an advanced stage of negotiations regarding an investment in ser elektronik GmbH based in Möhnesee. With this investment, SMT Scharf is aiming to consistently pursue its corporate strategy and expand its portfolio to include valuable expertise in the electronics and controls area. As a worldwide leading provider of transport solutions and logistics systems for underground mining that are customised to clients' individual requirements, SMT Scharf has already been working together with the electronics specialist for over 20 years. ser elektronik develops custom-specific electronic controls and components. The systems - which are integrated into SMT Scharf's transport solutions for coal and non-coal mining - are manufactured in-house. In 2018, ser elektronik achieved revenue of around EUR 3 million and EBIT of more than EUR 300 thousand. Hans Joachim Theiss, CEO of SMT Scharf AG, comments on the planned acquisition: "We observe in the market that mine operators are working on innovative solutions to modernise their mines. Big Data has long since arrived in the mining industry, and automation and data management are becoming increasingly important. The planned acquisition of ser elektronik is intended to help strengthen our in-house expertise in this area and align our transport systems to the growing requirements of underground mining." One trend in underground mining is the integration of machines into mine operators' networks. "Mining companies desire up-to-date information about drivers, oil levels and underground temperatures. Such direct data transfer will help improve maintenance and work processes in underground mining in the future," notes Hans Joachim Theiss.
27.03.2019 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
Language: | English |
Company: | SMT Scharf AG |
Römerstrasse 104 | |
59075 Hamm | |
Germany | |
Phone: | +49 2381 960-01 |
Fax: | +49 2381 960-230 |
E-mail: | info@smtscharf.com |
Internet: | www.smtscharf.com |
ISIN: | DE0005751986 |
WKN: | 575198 |
Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange |
EQS News ID: | 792371 |
End of News | DGAP News Service |
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