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HUBER+SUHNER Strengthens Position in Rail and Bus Antenna Market - HUBER+SUHNER takes over the railway and bus antenna portfolio from Kathrein SE (Germany) - HuberSuhner.com
HUBER+SUHNER Strengthens Position in Rail and Bus Antenna Market

 

NewswireToday - /newswire/ - Pfäffikon, Schwyz, Switzerland, 2019/05/30 - HUBER+SUHNER takes over the railway and bus antenna portfolio from Kathrein SE (Germany) - HuberSuhner.com.

   
 
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With this acquisition, HUBER+SUHNER expands its own range of antennas. It thus strengthens its leading market position in connection with the growing need for mobile communication in public transport. The transaction is expected to close in the coming days.

The need for mobile communication in public transport requires uninterrupted and stable high-speed data transmission due to ever new applications and the resulting increase in data volumes. Both HUBER+SUHNER and Kathrein are technological leaders in this market with their antenna solutions and enjoy an excellent reputation.

HUBER+SUHNER (hubersuhner.com) acquires the railway and bus antenna portfolio from Kathrein as a rounding-off acquisition for the targeted expansion of its own product range. The annual turnover of the acquired portfolio is in the lower single-digit million range.

The transaction is expected to be completed in the coming days. Both parties have agreed not to disclose any financial details.

About HUBER+SUHNER

We offer our customers around the globe outstanding products and services for their electrical and optical connectivity needs. We focus on combining products from the three technologies of Radio Frequency, Fiber Optics and Low Frequency to create solutions for Communication, Transportation and Industrial. And the balanced diversity of our 3x3 strategy gives us long-term financial stability.

 
 
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Written by / Agency / Source: HUBER+SUHNER AG

 
 

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HUBER+SUHNER Strengthens Position in Rail and Bus Antenna Market

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Publisher Contact: Patrick G. Koeppe - HuberSuhner.com 
+41 44 952 25 60 pressoffice[.]hubersuhner.com
 
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IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any HUBER+SUHNER AG securities in any jurisdiction including any other companies listed or named in this release.

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