Kontron AG: Sale of RTSoft completed

Eching near Munich, 14 August 2014 – Kontron AG, a leading global provider of Embedded Computer Technology (ECT), today successfully completed the sale of the Russian company ‘Affair 000’, Moscow, after obtaining anti-trust clearance in Russia and Austria. Today‘s closing follows the company’s announcement on 6 June 2014 regarding the signing of the contract on the sale of the Russian company Affair 000, Moscow, including the direct and indirect holdings in RTSoft ZAO, Moscow, and its participations in Russia and the Ukraine. Buyers are the RTSoft ZAO management and an Austrian investor.

The disposal concludes Kontron’s divestment of its activities combined in the energy project business. The sale will be effected by the transfer of 100% of Kontron AG’s stake. The purchase price is approximately EUR 11 million.

Additional information:

Alexandra Habekost
Kontron AG
Tel: +49 (0) 8165 77 281
E-Mail: Alexandra.Habekost@kontron.com

Harald Kinzler
HERING SCHUPPENER Consulting
Tel: +49 69 9218 7465
E-Mail: hkinzler@heringschuppener.com

 

 

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