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4-Traders Homepage  >  Equities  >  Swiss Exchange  >  Huber und Suhner AG    HUBN   CH0030380734

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Huber und Suhner : +SUHNER strengthens technological expertise in the radio frequency systems business

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11/10/2017 | 06:04pm CET

10/11/2017 18:00:00

HUBER+SUHNER acquires 100 per cent of Inwave Elektronik AG in Reute (Switzerland). The company specialises in microwave and RF-over-fiber solutions. This acquisition sees HUBER+SUHNER strengthen its technological competence in the radio frequency systems business.

HUBER+SUHNER is acquiring the activities of Inwave Elektronik AG in Reute specifically to strengthen its expertise in the radio frequency systems business. The owner-managed company with four employees specialises in engineering and prototype production of microwave and RF-over-fiber solutions (conversion of radio frequency to analogue fiber optic signals and vice versa), which are increasingly gaining in significance in high-quality applications such as in industrial high-tech niches or GPS solutions.

Very small, in terms of revenue, but relevant for future activities, the integration into the Radio Frequency division and relocation to Herisau will be completed by the end of 2018. Both parties have agreed to treat the financial details of the transaction as confidential.

Patrick G. Koeppe
Head Corporate Communications
Phone +41 44 952 25 60
[email protected]

Media release (PDF)

Huber + Suhner AG published this content on 10 November 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 10 November 2017 17:03:04 UTC.

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Sales 2017 768 M
EBIT 2017 57,0 M
Net income 2017 42,9 M
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Yield 2017 2,28%
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Beat Kälin Chairman
Ulrich Schaumann COO-Operations, Information Technology & Quality
Ivo Wechsler Chief Financial Officer
George Henry Müller Non-Executive Director
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