TKH : Acquisition of Hella’s airfield ground lighting activities by TKH completed
July 29, 2016 at 11:42 am EDT
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Following the press release of 2 June 2016, TKH Group NV ("TKH") announces the completion of the acquisition of the Airfield Ground Lighting (AGL) activities of Hella KGaA Hueck & Co ("HELLA").
TKH has taken over the operating site in Nykøbing Falster (Denmark) and main assets for AGL products from HELLA in Lippstadt (Germany), including intellectual property rights.
The acquired AGL activities will be operating as Induperm AS, and will be part of TKH's sub segment connectivity systems within the business segment Building Solutions.
TKH Group NV published this content on 29 July 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 29 July 2016 15:42:06 UTC.
Original documenthttp://www.tkhgroup.com/en/news/financial-news/archive-2016/acquisition-of-hella2019s-airfield-ground-lighting-activities-by-tkh-completed
Public permalinkhttp://www.publicnow.com/view/A53F3593E88C33D9120BEDC5A4EEDD47FFC5E569
TKH Group N.V. (TKH) is focused on high-end innovative technologies in high growth markets. Automation, digitalization, and electrification are the key drivers for the group's innovations.
Through a combination of technologies, TKH offers superior solutions that support to increase the efficiency, safety and security of its customers. The technologies are offered together with software to create smart technologies and one-stop-shop solutions with plug-and-play integrated systems for smart connectivity (42.7% of net sales; energy connectivity and fibre optic connectivity systems for data and communication networks), smart manufacturing (30.6%) and smart vision (26.7%; machine vision and security vision systems).
Net sales are distributed geographically as follows: the Netherlands (24.6%), Europe (38.8%), Asia (19.1%), North America (13%) and other (4.5%).
TKH GROUP N.V. 
