Brief: Init Innovation in Traffic Systems Acquires DResearch Fahrzeugelektronik

Init Innovation In Traffic Systems SE

28/04/2020 14:50

April 28 (Reuters) - init innovation in traffic systems SE
 IXXG.DE :
    * ACQUISITION OF DRESEARCH FAHRZEUGELEKTRONIK
    * ADDITIONAL REVENUE POTENTIAL OF MORE THAN EUR 10M IN 2020
    * ACQUISITION WITH DOUBLE-DIGIT EBIT MARGIN
    * INIT SUBSIDIARY IRIS-GMBH HAS RETROACTIVELY - AS OF 1
JANUARY
2020 - TAKEN A 51 PER CENT STAKE IN LEADING SPECIALIST SUPPLIER
IN FIELD OF AUDIOVISUAL AND DIGITAL SYSTEMS TECHNOLOGY FOR BUSES
AND TRAINS

Source text for Eikon:  ID:nEQ3nrKzja 
Further company coverage:  IXXG.DE 

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