Bertrandt Aktiengesellschaft (XTRA:BDT) signed a notarized purchase agreement to acquire Philotech Systementwicklung und Software GmbH on December 17, 2021. As per the transaction, the purchase price will be paid from existing cash of Bertrandt Aktiengesellschaft. The transaction is subject to clearance by the German Federal Cartel Office and is expected to complete in the first quarter of 2022.

Bertrandt Aktiengesellschaft (XTRA:BDT) completed the acquisition of Philotech Systementwicklung und Software GmbH for €24.217 million at the end of January 2022.