Kontron acquires majority stake in Katek SE

Kontron AG has agreed to acquire around 60% of the shares in the listed company KATEK SE. The buyer is the wholly owned German subsidiary Kontron Acquisition GmbH, which is acquiring the shares from the previous Katek majority shareholder PRIMEPULSE SE.

The Katek Group is a leading European electronics company that offers high-quality electronics and products in the fields of solar energy and e-mobility. With more than 3,200 employees, Katek generated estimated revenue of more than EUR 750 million in the 2023 financial year and has locations in Europe, Asia, and North America. Control electronics for photovoltaic systems and the rapidly growing area of intelligent charging solutions for electric vehicles are an important part of the product range. Along with its subsidiaries, Katek is one of the pioneers in renewable energy technology.

Expanding the high-quality portfolio with a focus on IoT and software

The aim of the acquisition is to expand Kontron’s portfolio with smart solutions for renewable energies and other industries. To achieve this, Katek’s products are set to be upgraded with Kontron’s software expertise and IoT connectivity. This is expected to improve Katek’s gross margin by around 5% in the medium term. Based on the Kontron operating system (K-OS), the products will become much more secure, they will have firewall functionality and the capability to connect to complex grids, and can also be maintained remotely. The aim is to bring Katek solutions into the IoT world as quickly as possible. Additional synergy effects should arise both from the complementary product portfolios and the global market coverage. The merger expands Kontron’s “Software + Solutions” segment to include the future-oriented “GreenTec” division.

Hannes Niederhauser, CEO of Kontron AG: “With the acquisition of Katek SE, we are expanding our presence in the high-growth area of Clean Energy Solutions in a targeted manner and also strengthening the Aerospace division at Kontron with the Katek subsidiary NexTek. The clean energy sector holds considerable potential for the future. Upgrading with Kontron software will increase gross margins by around 5% in the medium term, thereby increasing profitability at Katek as well.”

Lost Password