Log in
Forgot password ?
Become a member for free
Sign up
Sign up
Dynamic quotes 

4-Traders Homepage  >  Equities  >  Euronext Amsterdam  >  TKH GROUP    TWEKA   NL0000852523


Delayed Quote. Delayed  - 08/25 09:46:19 am
34.025 EUR   -0.35%
08/16 TKH : Decline in results due to lower contribution Industrial Soluti..
07/29 TKH : Acquisition of Hella’s airfield ground lighting activiti..
06/02 TKH : strengthens its position in Airfield Ground Lighting
News SummaryMost relevantAll newsSector news 

TKH GROUP : Important strategic expansion for TKH in security systems

share with twitter share with LinkedIn share with facebook
share via e-mail
03/12/2012 | 09:00am CEST
Important strategic expansion for TKH in security systems TKH has reached agreement on the acquisition of 100% of the shares in Aasset Security International (Aasset), headquartered in Paris (France), with its subsidiaries Aasset France and Aasset Germany, and branches in Italy and UK.

Aasset is a leading provider of security solutions and video surveillance and offers added-value services such as designing of architectures, development of specialized software and sourcing of equipment. The company is one of Europe's leading distributors of CCTV products. In France and Germany Aasset has a top 3 position in CCTV distribution.

Alexander van der Lof, CEO TKH: "This acquisition accelerates TKH's strategic growth strategy in the security segment. Aasset has a strong market position in France and Germany. Aasset's brand portfolio includes the brand name GRUNDIG in the German market and TKH will further position this brand within Europe. In addition, Aasset's access to the total TKH portfolio creates interesting growth potential for both Aasset and TKH."

Yoram Assous, CEO Aasset: "The techniques and knowledge of the security systems of TKH are of strategic importance for Aasset. As a member of TKH, we will be able to provide complete security solutions to our customers. Besides, TKH can take advantage of our strong network of relationships, which we built since our establishment almost 30 years ago.'

The activities of Aasset will be integrated in the sub-segment security systems, which is part of TKH's Building Solutions. Aasset has 88 employees (FTE) and an annual turnover of € 35 million.

This acquisition is in line with TKH's objective to increase the turnover generated by the security solutions to 20% of the total turnover.

TKH finances the transaction from existing resources and expects that the acquisition will have a positive effect on TKH's earnings per share as from the second quarter 2012.

share with twitter share with LinkedIn share with facebook
share via e-mail
Latest news on TKH GROUP
08/16 TKH : Decline in results due to lower contribution Industrial Solutions
07/29 TKH : Acquisition of Hella’s airfield ground lighting activities by TKH co..
06/02 TKH : strengthens its position in Airfield Ground Lighting
04/28 TKH GROUP : ex-dividend day
04/27 TKH : Dividend financial year 2015
04/25 TKH : Trading update 1st quarter 2016
03/31 TKH : sells activities in management and operations of parking facilities
03/15 TKH : Information and documents AGM TKH 26 April 2016
03/08 TKH : Annual results 2015: Increase in result supported by good performance Buil..
03/03 TKH : Self-Regulatory Organizations; NYSE MKT LLC; Notice of Filing and Immediat..
More news
Sector news : Communications & Networking - NEC
09:08aDJHandelsbanken Sells Entire 6.8% Stake in Industrivarden
08/23DJRenesas Weighs Chip Firm Buy -- WSJ
08/19DJZTE : U.S. Grants ZTE Another Extension of Trade-Sanctions Relief
08/19 ZTE : U.S. extends ZTE reprieve on alleged Iran sanctions violations
08/19DJEmerson to Buy Pentair Valves-and-Controls Unit for $3.15 Billion -- 2nd Upda..
More sector news : Communications & Networking - NEC
Financials (€)
Sales 2016 1 359 M
EBIT 2016 112 M
Net income 2016 80,4 M
Debt 2016 152 M
Yield 2016 3,24%
P/E ratio 2016 15,92
P/E ratio 2017 14,75
EV / Sales 2016 1,19x
EV / Sales 2017 1,07x
Capitalization 1 462 M
More Financials
Duration : Period :
TKH GROUP Technical Analysis Chart | TWEKA | NL0000852523 | 4-Traders
Full-screen chart
Technical analysis trends TKH GROUP
Short TermMid-TermLong Term
Technical analysis
Income Statement Evolution
More Financials
Mean consensus BUY
Number of Analysts 5
Average target price 39,7 €
Spread / Average Target 16%
Consensus details
EPS Revisions
More Estimates Revisions
Johannes Marius van der Lof Chief Executive Officer & Head-Investor Relations
Hermannus Johannes Hazewinkel Chairman-Supervisory Board
Elling Dirk de Lange CFO, Head-Organization & Personnel
Philippus Petrus F. Houben Member-Supervisory Board
Marike Elisabeth van Lier Lels Vice Chairman-Supervisory Board
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
TKH GROUP-10.52%1 648
CISCO SYSTEMS, INC.14.38%156 223
QUALCOMM, INC.25.26%92 265
ALCATEL LUCENT-4.66%13 883
More Results