Financial News
Grammer AG appointing Manfred Pretscher as new interim CEO and Jens Öhlenschläger as new member of the Executive Board
-The member of the Executive Board Manfred Pretscher appointed interim CEO and interim CFO-Jens Öhlenschläger appointed as new member of the Executive Board as Chief Operating Officer-Search for long-term candidates for Executive Board…
Read moreGrammer AG: Contract signed for new joint tech center in India
-Grammer and AllyGrow Technologies establishing joint tech center in India-Modern R&D tech center to be established in Pune with a maximum capacity of 120 employees-Inauguration planned in December 2018 Amberg, December 7, 2018 – The…
Read moreGrammer AG: Foundation stone laid for the new corporate headquarters and technology center in a ceremony with state minister Hubert Aiwanger
-Official commencement of construction of Grammer’s new corporate headquarters and technology center in Ursensollen in the Amberg-Sulzbach district-Innovation leadership to be reinforced and appeal as a forward-looking employer in the…
Read moreGrammer AG: Further increase in revenue but exceptional effects and weaker passenger vehicle sales exerted pressure on Group earnings in the third quarter
-1.5 percent increase in Group revenue to EUR 1.36 billion -Operating EBIT very close to previous year’s level-Strong growth in Commercial Vehicles Division compensating market-induced decline in the Automotive Division-Full-year guidance…
Read moreGrammer completes acquisition of US components supplier TMD
-All closing conditions fulfilled and all regulatory approvals and clearances received -Substantial expansion of market position and local manufacturing in the United States and North America -Global presence of Grammer offers additional…
Read moreMembers of the Executive Board of Grammer AG announce exit following the takeover by Ningbo Jifeng
-Substantial shift in shareholder structure due to 85-percent stake held by majority shareholder Ningbo Jifeng -Supervisory Board confident of finding swift replacements -Business combination agreement (BCA) continues to be in force …
Read moreTender offer accepted by Grammer shareholders – Ningbo Jifeng new majority shareholder
- Companies associated with Ningbo Jifeng hold roughly 84.23 percent of Grammer shares - Clear shareholder structure and intensified strategic partnership Amberg, August 28, 2018 – The Grammer Group, a leading international supplier of…
Read moreSuccessful tender offer to the shareholders of GRAMMER AG
-Anchor shareholder Ningbo Jifeng increases its share in Grammer AG to 74 percent-Grammer welcomes successful tender offer-Existing strategic partnership to be strengthened based on business combination agreement (BCA) Amberg, August 9,…
Read moreGrammer AG: Further increase in revenue and earnings in the first half of 2018
-Increase in revenue to EUR 927.6 million-Substantial growth in EBIT to EUR 41.9 million, accompanied by an improved EBIT margin of 4.5 percent-Stable operating EBIT of EUR 43.3 million with a margin of 4.7 percent-Continued strong…
Read moreGrammer planning new joint technology center in India
• Further optimization of R&D structures with new technology center in Pune • Joint venture with new partner AllyGrow Technologies Amberg, August 1, 2018 – As one of the leading automotive interior specialists, the Grammer Group is…
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