Announced
Completed
Financials
Sources
Tags
Germany
Majority
Private Equity
Single Bidder
display stands
Capital Goods
Friendly
Merger
projection screens
Acquisition
Completed
Private
Synopsis
Halder-backed Conen, which specializes in outfitting educational institutions like schools and nursery schools in Western Europe, completed the acquisition of HKS Systemtechnik, a manufacturer of display stands, projection screens, lecterns and steles. Financial terms were not disclosed. "The merger of Conen with HKS is the result of the consistent implementation of our growth strategy. We rely on HKS' existing formula for success and intend to further expand the organization and the team as part of the overall group," Achim Mansen, Conen CEO.
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