Today, JENOPTIK AG has sold its minority stake in the stock exchange listed company PVA TePla AG, Asslar.
With this further disposal of assets not required for operational purposes the Jenoptik Group is consistently focusing on its core competencies in Laser/Optics, Optoelectronics and Mechatronics and thus on its operating business.
JENOPTIK AG will receive liquidity of more than 20 million euros from the sale of the shares in PVA TePla AG. As planned Jenoptik will use this amount to repay existing liabilities, in particular the remaining liabilities to the minority shareholders of the sold Clean Systems division of about 15
With this further disposal of assets not required for operational purposes the Jenoptik Group is consistently focusing on its core competencies in Laser/Optics, Optoelectronics and Mechatronics and thus on its operating business.
JENOPTIK AG will receive liquidity of more than 20 million euros from the sale of the shares in PVA TePla AG. As planned Jenoptik will use this amount to repay existing liabilities, in particular the remaining liabilities to the minority shareholders of the sold Clean Systems division of about 15
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