25.01.2024 08:30:46 - dpa-AFX: EQS-News: SBF takes next growth step and completes consolidation of AMS Software & Elektronik (english)

SBF takes next growth step and completes consolidation of AMS Software &
Elektronik

EQS-News: SBF AG / Key word(s): Mergers & Acquisitions
SBF takes next growth step and completes consolidation of AMS Software &
Elektronik

25.01.2024 / 08:30 CET/CEST
The issuer is solely responsible for the content of this announcement.

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SBF takes next growth step and completes consolidation of AMS Software &
Elektronik

  * Consolidation of AMS Software & Elektronik GmbH will take place from
    January 1, 2024


  * Bundling of business in the new "Sensor Technology and Electromechanics"
    business area


  * Diversified growth with the three divisions "Rolling Stock", "Public and
    Industrial Lighting" and "Sensor Technology and Electromechanics"


Leipzig, January 25, 2024 - SBF AG (ISIN: DE000A2AAE22; WKN A2AAE2, "SBF"),
a listed specialist for innovative solutions in the fields of rolling stock,
lighting, electromechanics and sensor technology, has successfully completed
the acquisition of AMS Software & Elektronik GmbH, a specialist for
electronics, sensor and communication technology and OEM, with the entry of
the new shareholding structure in the commercial register on January 19,
2024. The initial consolidation will take place from January 1, 2024. The
acquisition process to deepen value creation within the SBF Group has thus
been successfully completed. With the products from AMS, SBF is
significantly expanding its product range in the fields of electronics as
well as sensor and communication technology.

Rudolf Witt, Member of the Executive Board of SBF AG: "The consolidation of
AMS is an important step in the further strategic development of the SBF
Group. With organic growth and targeted acquisitions, we have built up a
leading specialist for innovative solutions in the fields of rolling stock,
lighting, electromechanics and sensor technology. We are therefore ideally
positioned to benefit from the megatrends mobility, climate protection,
digitalization and automation. We are now focusing fully on the integration
of AMS into the SBF Group."

Upon consolidation from January 1, 2024, the new business area will be fully
included in the financial figures for the current financial year.
Consequently, SBF expects significant growth in 2024 with revenue of more
than EUR 50 million and an EBITDA margin of over 5 percent.

About SBF Group:
The listed SBF Group is a specialist for innovative solutions in the fields
of rolling stock, lighting, electromechanics and sensor technology. In the
group of companies, highly specialized and leading hidden champions in their
fields pool their expertise. With a high-quality and forward-looking product
and service portfolio, SBF benefits from the megatrends of mobility, climate
protection, automation and digitalization.

In the "Rolling Stock" business field, the Tier 1 system supplier and
development partner supplies the world's leading rolling stock manufacturers
with complex interior, ceiling and lighting systems "Made in Germany". The
"Public and Industrial Lighting" business field comprises intelligent and
customized LED systems for efficient lighting for industrial, municipal and
infrastructural projects. In addition, the "Sensor Technology and
Electromechanics" business field develops and produces pioneering components
and software for electromechanical products such as circuit boards, sensors
and communication technology.

For more information, visit https://www.sbf-ag.com.

Company contact:
SBF AG
The Board of Directors
Zaucheweg 4
04316 Leipzig
Tel: +49 (0)341 65235 894
E-mail: info@sbf-ag.com

Press contact:
Kirchhoff Consult AG
Alexander Neblung
Borselstraße 20
22765 Hamburg
Tel: +49 (0)40 60 91 86 70
E-mail: sbf@kirchhoff.de


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25.01.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS
News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The EQS Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com

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   Language:       English
   Company:        SBF AG
                   Zaucheweg 4
                   04316 Leipzig
                   Germany
   Phone:          +49 (0)341 65235894
   E-mail:         info@sbf-ag.com
   Internet:       www.sbf-ag.com
   ISIN:           DE000A2AAE22
   WKN:            A2AAE2
   Listed:         Regulated Unofficial Market in Berlin, Frankfurt,
                   Munich (m:access), Stuttgart, Tradegate Exchange
   EQS News ID:    1822369




End of News EQS News Service
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1822369 25.01.2024 CET/CEST
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
SBF AG A2AAE2 Frankfurt 2,920 29.05.24 08:01:19 +0,060 +2,10% 0,000 0,000 2,920 2,860

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