HUBER+SUHNER strengthens position in rail and bus antenna market
Ad hoc announcement pursuant to Art. 53 LR
HUBER+SUHNER takes over the railway and bus antenna portfolio from Kathrein SE (Germany). With this acquisition, HUBER+SUHNER expands its own range of antennas. It thus strengthens its leading market position in connection with the growing need for mobile communication in public transport. The transaction is expected to close in the coming days.
The need for mobile communication in public transport requires uninterrupted and stable high-speed data transmission due to ever new applications and the resulting increase in data volumes. Both HUBER+SUHNER and Kathrein are technological leaders in this market with their antenna solutions and enjoy an excellent reputation.
HUBER+SUHNER acquires the railway and bus antenna portfolio from Kathrein as a rounding-off acquisition for the targeted expansion of its own product range. The annual turnover of the acquired portfolio is in the lower single-digit million range.
The transaction is expected to be completed in the coming days. Both parties have agreed not to disclose any financial details.
Patrick G. Köppe
Head Corporate Communications
8330 Pfäffikon ZH
+41 44 952 25 60
Media release (PDF)