Financial News
Members 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…
Read moreJiye Auto Parts GmbH lowers the minimum acceptance threshold for the takeover offer to the shareholders of Grammer AG from 50 percent plus one share to 36 percent plus one share – acceptance period extended until 6 August 2018, 24:00 hours
Amberg, July 18, 2018 – Jiye Auto Parts GmbH reduced the minimum acceptance threshold for its voluntary takeover offer for all outstanding shares of Grammer AG, which has been published on 25 June 2018, from 50 per cent plus one share to 36…
Read moreReasoned statement by the Executive Board and Supervisory Board of Grammer AG regarding the takeover offer by Jiye Auto Parts GmbH
Joint recommendation of the Executive Board and the Supervisory Board to accept the offer
Read moreGrammer launching the innovative generation of retrofit truck seats at Truck Grand Prix 2018
-New Grammer Roadtiger driver seats featuring top ergonomic seating comfort and high-quality materials-The new seats can be retrofitted to leading European truck models -Europe-wide launch planned for fall 2018 Amberg, June 27, 2018 –…
Read moreAll boards’ motions adopted at Grammer AG’s annual general meeting; dividend of EUR 1.25 per share approved
Amberg, June 13, 2018 – The shareholders of Grammer AG have accepted the proposal submitted by the Executive Board and the Supervisory Board, passing a resolution to approve a dividend distribution of EUR 1.25 per share at today’s annual…
Read moreEuler Hermes reaffirms Grammer AG’s investment-grade BBB rating
Amberg, June 7, 2018 – Euler Hermes Rating GmbH has reaffirmed its investment-grade BBB rating for Grammer AG in its latest report. As rationale for the favorable rating, the rating agency cites Grammer AG’s strong market position in the…
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