SBF signs letter of intent to acquire electronics company

The Management Board has signed a letter of intent for the acquisition of a majority stake, subject to a positive outcome of the due diligence process, which is due to begin shortly. No further details were provided in a short news flash. Rudolf Witt, Member of the Management Board of SBF AG comments: "The recently published half-year figures and the full order books show that we are well on track also from an operational point of view. In order to further strengthen our business and grow even more dynamically, we are always seeking suitable takeover candidates in our market environment. In this context, the signing of the letter of intent is a consequent step."