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A new hidden champion emerges: SpiraTec AG and onoff AG join forces

SpiraTec AG and onoff AG are joining forces to combine and expand their respective expertise in the process industry. With effect from March 29, 2022, SpiraTec AG acquires the majority of the shares in onoff AG. The merger will create one of the largest group-independent service companies in the process industry in Europe with expertise …

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Major shareholders sell around 89.5% of the shares in onoff AG

onoff Aktiengesellschaft (ISIN: DE000A2BPNB1) announces that the company’s four main shareholders have today sold the majority of their shares in onoff Aktiengesellschaft to SpiraTec AG, Speyer, a globally active company for industrial engineering and solutions in the process industry. It was agreed not to disclose the purchase price and the related terms and conditions. In …

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onoff AG Secures Liquidity

After successful talks with the main banks involved, Deutsche Bank and Stadtsparkasse Wunstorf, onoff AG signed loan agreements today to secure its liquidity requirements for the coming months. Since the participating main banks had reviewed the strong corporate figures prior to the outbreak of the pandemic and the Executive Board convincingly presented the company’s continued …

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onoff AG Continues Its Successful Course

Topics such as digitalization, automation and artificial intelligence are shaping the economy and industry more than ever. onoff AG, which offers precisely customized solutions for process automation in industries such as pharmaceuticals, food, chemicals, wastewater/water, natural gas and commerce, has been operating successfully for over 30 years, and closed the 2019 fiscal year with positive …

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