The companies generated revenues of around EUR 18 million in 2022 and the purchase price values them at EUR 22.1 million. The closing of the transaction is expected by Q4.
According to Kontron the acquisition drives the company’s strategy to strengthen its fast-growing high-margin segment “Software + Solutions” enabling solutions in the areas of avionics and security.
Hartmann designs and manufactures integrated modular VPX computing systems for ultra-high speed and harsh environments resilient to radiation and external influences. W-IE-NE-R complements the portfolio with redundant VPX power supplies.
The biggest markets are United States, Germany, and Switzerland. This portfolio is based on 50 years of experience and driven by a total of 77 employees located in Germany and the United States.
This acquisition generates high synergies and supports Kontron’s strategic programme “Shape” to enlarge the product portfolio with vertical market solutions offering higher margins.
According to Kontron the acquisition will help in its plans to achieve more than EUR 100 million revenues in these markets by 2024.
