Imtech: Acquisition Radio Holland Group definitive

Imtech N.V. announces that the intended acquisition of Radio Holland Group, an international specialist in marine satellite and radio communications, automation, and observation and navigation systems is definitive. The acquisition has been approved by both the NMa (Dutch Competition Authority) and German Bundeskartellamt (German Federal Cartel Office). This acquisition will almost double revenues of Imtech in the maritime market, which yields a place it in the global top 5. The acquisition price, including an earn-out, is approximately 47 million euro and will be paid in cash.