Closing of divestment of HE System Electronic
Press Release
Haaksbergen, the Netherlands
3 Jun 2024
TKH Group N.V. (“TKH”) announces the closing of the divestment of HE System Electronic GmbH (“HE”) to Magna International Inc. (“Magna”), which was announced on May 15, 2024.
HE is active in the field of efficient electronic assemblies and power modules that are customized for the industrial and automotive market. In 2023, turnover at HE, which was part of TKH’s Smart Manufacturing systems, amounted to €20.7 million.
Haaksbergen, June 3, 2024