EQS-News: FORTEC Elektronik AG is unlocking the maritime market for data visualisation and reinforcing its position in the defence sector through its takeover of Nottrot B.V.

FORTEC Elektronik AG is unlocking the maritime market for data visualisation and reinforcing its position in the defence sector
through its takeover of Nottrot B.V.

FORTEC Elektronik AG announces the takeover of Nottrot B.V., a manufacturer of monitors for maritime, military and industrial use, based in the Netherlands. With this step, FORTEC is reinforcing its strategic market position in Central Europe, enabling its entry into the maritime market in the data visualisation sector and simultaneously expanding the technological basis and vertical added value in future-relevant applications.

The purchase price is in the single-digit millions range and is financed by existing cash and cash equivalents. The purchase contract was signed today.

Nottrot B.V. was founded in 2000, is headquartered in Oosterhout, North-Brabant and currently employs around 8 people. In the previous financial year (01/01 - 31/12/2024) the company achieved a turnover of around EUR 3.2 million and operating earnings (EBIT) of around EUR 0.8 million.

Sandra Maile, the CEO of FORTEC Elektronik AG, comments: “With Nottrot, the FORTEC Group is gaining an established company with a high level of technical competence and a strong market position in special segments, which we will continue to develop in a targeted manner. The acquisition reinforces our position as a leading provider of data visualisation solutions for demanding applications in the maritime sector but also in the defence market. Today’s signing of the purchase contract is the result of a co-operative process between the management of both companies as part of succession planning and underlines the selective, strategically-focussed M&A approach of FORTEC. With the potential of our existing involvement in the power supplies sector in the Netherlands, we are planning to develop the range further in the next stage.” 

Sandra Maile

Chair of the Management Board

FORTEC Elektronik AG | Augsburger Str. 2b | 82110 Germering | Germany
Phone: +49 89 894450 232

aktie@fortecag.de | www.fortecag.de

FORTEC Elektronik AG (ISIN Share: DE0005774103, WKN: 577410), based in Germering, Germany, was founded in 1984 as an international distributor of standard solutions in the field of power supplies, embedded systems and displays. In addition, the FORTEC Group today offers customer-specific developments and complete system developments. Since April 2020, FORTEC Elektronik AG has been the holding company responsible for management of the affiliated companies, group strategy and essential parts of the administration.
FORTEC Elektronik AG has subsidiaries in Germany, Switzerland, the UK and the USA.

For better legibility, the generic masculine form is used in the text. Of course, all genders are referred to equally without any intent to discriminate.