INDUS Acquires Full Ownership of HAUFF-TECHNIK GRIDCOM to Strengthen Its Infrastructure Networks Portfolio

INDUS Holding AG announced the acquisition of the remaining stakes in HAUFF-TECHNIK GRIDCOM GmbH, making HAUFF-TECHNIK a sole shareholder. HAUFF-TECHNIK GRIDCOM specializes in developing and manufacturing passive components critical for fiber-optic infrastructure. This includes Point of Presence stations, network distributors, and fiber-optic distribution and connection boxes crucial for expanding the fiber-optic network to new construction areas and the "last mile" connectivity.

With this acquisition, INDUS Holding AG strengthens its portfolio in the burgeoning infrastructure networks sector. HAUFF-TECHNIK GRIDCOM, operating in Rosenberg and Heidenheim, brings in an annual turnover of around EUR 21 million with a workforce of approximately 60 employees. This strategic move is in line with INDUS's recognition of the growing demand for higher bandwidths and faster internet services.

Dr. Jörn Großmann of INDUS Board highlighted the early identification of the potential in this growth market and the successful strengthening of their portfolio with this acquisition. Additionally, Dr. Michael Seibold, Managing Director of HAUFF-TECHNIK, emphasized the synergies and complementary product ranges between HAUFF-TECHNIK and HAUFF-TECHNIK GRIDCOM, fostering growth in fiber-optic network expansion projects.

INDUS aims to continue growing its infrastructure networks growth cluster, which includes other notable companies, through strategic investments in future fields throughout 2024.