TTR1 Technotrans AG

EQS-News: technotrans acquires neighboring property in Sassenberg and lays the foundation for further growth

EQS-News: technotrans SE / Key word(s): Miscellaneous
technotrans acquires neighboring property in Sassenberg and lays the foundation for further growth

27.02.2025 / 10:24 CET/CEST
The issuer is solely responsible for the content of this announcement.


technotrans acquires neighboring property in Sassenberg and lays the foundation for further growth

  • Investment to support expected corporate growth
  • Construction of new production and logistics facilities planned
  • Close integration of development and production for new project ramp-ups

Sassenberg, February 27, 2025 – Greater capacity for anticipated growth: technotrans has signed the purchase agreement for an approximately 13,000-square-meter property at Porschestraße 4 in Sassenberg. The site is directly adjacent to the technotrans headquarters and is slated to house new production and logistics facilities in the future.

“With the acquisition of this property, we are creating an ideal basis for expanding our capacities,” says Michael Finger, CEO of technotrans SE. “The Sassenberg location is our group-wide competence center for the rapidly growing Energy Management focus market, which also encompasses technologically sophisticated liquid cooling solutions for data centers.” Thanks to its proximity to the headquarters, technotrans ensures close integration of research, development, and production enabling particularly high efficiency in order processing and in the implementation of new projects.

Currently, the site includes an existing warehouse as well as extensive open areas. Until construction of the new facilities begins — plans for which are set to start shortly — technotrans is considering using the property temporarily as a logistics area. From the planning phase to the groundbreaking and completion of the new buildings, the entire construction process is expected to take approximately one and a half to two years.

“The acquisition of this property is a strategically major step for technotrans. It gives us the necessary space to expand our capacities in a key sector that is crucial to the future of our company,” emphasizes Michael Finger. “With this investment, we are not only strengthening our competitiveness but also making an important contribution to the sustainable development of the Sassenberg site.”

 

Further information:

 

About technotrans SE:

technotrans SE is a technology and services group with worldwide operations. The company’s core skill focuses on application-specific solutions in the area of thermal management. As an integral aspect of customer systems, these solutions optimise energy consumption and govern the temperatures encountered in sophisticated technological applications. With 17 locations, the Group has a presence in all major markets worldwide. Based on the Future Ready 2025 strategy, technotrans has defined the 5 focus markets Plastics, Energy Management (including electric mobility, high power charging stations and data centers), Healthcare & Analytics, Print and Laser. In addition, technotrans offers its customers an extensive portfolio of services including installation, refurbishment, maintenance, repair, a 24/7 parts supply and technical documentation. The Group has 6 manufacturing locations in Germany, one in China and one in the United States. technotrans SE is listed in the Prime Standard (ISIN: DE000A0XYGA7 / WKN: A0XYGA) and employs around 1,500 people worldwide. The Group reported revenue of € 262.1 million for the 2023 financial year.

 

Note

This press release contains statements on the future development of the technotrans Group. They reflect the current views of the management of technotrans SE and are based on corresponding plans, estimates and expectations. Please note that the statements contain certain risks and uncertainties that could cause actual results to differ materially from those anticipated.

 

Contact for journalists: Investor Relations:
 
Lukas Schenk
Sputnik GmbH
Press and public relations
Hafenweg 9
48155 Münster
+49 (0) 2 51 / 62 55 61-131


 
Frank Dernesch
Investor Relations
technotrans SE
Robert-Linnemann-Strasse 17
48336 Sassenberg
+49 (0) 25 83 / 3 01-18 68

 

 



27.02.2025 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group.
The issuer is solely responsible for the content of this announcement.

The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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Language: English
Company: technotrans SE
Robert-Linnemann-Str. 17
48336 Sassenberg
Germany
Phone: +49 (0)2583 - 301 - 1000
Fax: +49 (0)2583 - 301 - 1030
E-mail:
Internet:
ISIN: DE000A0XYGA7
WKN: A0XYGA
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 2092659

 
End of News EQS News Service

2092659  27.02.2025 CET/CEST

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EN
27/02/2025

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