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electrovac AG: Technology leader in hermetic packaging plans IPO to expand capacities and cater to accelerating global demand from personal safety, aerospace and defense
electrovac AG: Technology leader in hermetic packaging plans IPO to expand capacities and cater to accelerating global demand from personal safety, aerospace and defense
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electrovac AG/ Key word(s): IPO/Corporate Actionelectrovac AG: Technology leader in hermetic packaging plans IPO to expand capacities and cater to accelerating global demand from personal safety, aerospace and defense31.03.2026 / 10:00 CET/CESTThe issuer is solely responsible for the content of this announcement.NOT FOR DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, CANADA, AUSTRALIA OR JAPAN OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL. OTHER RESTRICTIONS ARE APPLICABLE. PLEASE SEE THE IMPORTANT NOTICE AT THE END OF THE PRESS RELEASE.electrovac AG: Technology leader in hermetic packaging plans IPO to expand capacities and cater to accelerating global demand from personal safety, aerospace and defenseState-of-the-art glass-to-metal-sealing products, protecting system-critical electronics in personal safety, aerospace and defense applicationsStrong nine-month figures 2025/26 (revenues of EUR 85.9 million and EBIT of EUR 10.5 million) underline the opportunity to benefit from accelerating needs for sensitive electronic components contributing to save livesIPO to further improve strong organization, particularly increasing international production capacities to meet customer demand in Asia (Personal Safety) and US (Aerospace and Defense)Transaction to comprise new and existing shares to create a substantial free float and liquidity with targeted net proceeds from newly issued shares of approximately EUR 30 millionAdmission to trading of shares on the Regulated Market (Prime Standard) of Frankfurt Stock Exchange is expected to be completed in the second quarter of 2026Transaction structure designed to make offering accessible for institutional and retail investorsSalzweg, 31 March 2026 - electrovac AG (“electrovac” or the “electrovac Group”), a hermetic packaging specialist, manufacturing state-of-the-art glass-to-metal-sealing products, protecting safety- and system-critical electronics, today announces its plans for an Initial Public Offering (“IPO”). Founded in 1947, electrovac is an established technology leader for special high-volume components within various applications such as personal safety, aerospace or defense. The IPO is intended to support a customer-led growth strategy focusing on the expansion of global capacities as worldwide demand for safety-critical packaging processes is...