sur 3U HOLDING AG (ETR:UUU)
3U HOLDING AG Acquires Strategic Property for HVAC Segment
3U HOLDING AG has strategically acquired a commercial property in Buchholz-Mendt, Germany, to enhance its production and logistics capacity. The acquisition aims to secure long-term locations for its subsidiaries, Calefa GmbH and EMPUR Produktionsgesellschaft mbH, within the Heating, Ventilation, and Air Conditioning (HVAC) sector. The property, encompassing three buildings on 5,800 square metres of land, was purchased for EUR 2.5 million, financed through equity and a pre-arranged loan from Sparkasse Westerwald-Sieg.
The acquisition was driven by existing production facilities at the site, reducing potential relocation costs and risks. The site promises further revenue through planned leasing. Christoph Hellrung, CFO of 3U, emphasized the strategic growth and value addition the property brings, aligning with the group's focus on megatrends and sustainable models. Transition of ownership is slated for summer 2025, coinciding with other projects in Koblenz, enhancing 3U's HVAC production and logistics network.
R. H.
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