IMAP advised the shareholder of krauth technology on the disposal of all shares to DUTECH Holding, Singapore. IMAP advised the acquisition of krauth technology in Eberbach by the DUTECH Holding in Singapore.
This is another cross-border transaction in the sector industrial goods by the DUTECH Group as it further expands its position in the German market.
Krauth technology develops, manufactures and sells innovative solutions for fare collection in public transport. The product portfolio includes automatic ticket machines, e-ticketing solutions, on-board computers and related software for all system levels.
With the acquisition, the publicly listed DUTECH Holding in Singapore strengthens its competence as a provider of cash handling solutions. German FORMAT Tresorbau and German Mechatronics already belong to DUTECH Holding. In China, TRISTAR Inc., provider of sales and security solutions, is part of DUTECH Holding.
The DUTECH / TRISTAR Group employs over 2,500 employees worldwide and is present in Europe, North America and Asia.
The Group specializes in the development, prototyping, mass production, marketing and provision of banking, security and terminal products, collectively known as “One Stop Solution”, for more than 300 banks in more than 50 countries around the world.