Vectron Systems has a new anchor shareholder, the PRIMEPULSE SE
- Münster, 25 September 2019: Vectron Systems AG (Vectron), a leading provider of intelligent, digitised POS systems consisting of hardware, software and cloud services, with focus on the catering and bakery trade, has found a new strategic investor with the PRIMEPULSE SE (PRIMEPULSE).
In order to facilitate PRIMEPULSE's entry to Vectron the two founders and major shareholders Thomas Stuemmler and Jens Reckendorf have decided to sell shares from their holdings.
With around 10 percent of the Vectron share capital, PRIMEPULSE is now one of the largest Vectron shareholders together with Thomas Stuemmler and Jens Reckendorf. Messrs Stümmler and Reckendorf continue to be the largest Vectron shareholders with a total of around 46 percent.
The Munich-based investment company, which is also an anchor shareholder of the two listed companies CANCOM SE and STEMMER IMAGING AG, has decided to establish a first position with Vectron based on the promising positioning of Vectron from PRIMEPULSE's point of view. The purchase price at which PRIMEPULSE acquired the shares is based on the average price of the previous months.
PRIMEPULSE will support Vectron strategically and with their network with the area-wide roll-out of the new digital services. "It is important that we now have a partner at our side who, in addition to the classic investment approach, also has relevant know-how," explains Thomas Stuemmler, CEO of Vectron.
"We've actually been observing the company for some time. Currently, the company is a prime example of how existing structures within an industry can change quickly as a result of digitization. Vectron fits perfectly into our investment focus. We are convinced that our experience can support the Vectron management within. The company's potential is huge. We look forward to a good cooperation", explains Klaus Weinmann, CEO and Co-founder of PRIMEPULSE SE.
With more than 200,000 installations, the listed Vectron Systems AG is one of the leading European manufacturers of POS systems. Stable hardware combined with flexible, reliable software has made Vectron a market leader within the hospitality and bakery industries in German-speaking countries and in Benelux. Several hundred specialist trade partners distribute the products internationally. Digitale Cloud Services are offered under the brand names myVectron and bonVito. The spectrum ranges from loyalty and payment functions to online reservations and online reporting. All the services are directly connected to the POS system, making it the core data center. More information available at www.vectron.de.
PRIMEPULSE is a dynamic global investment holding based in Munich. Its focus is on technology-oriented companies in promising business areas. The PRIMEPULSE portfolio covers the topics Industry 4.0, Automation and Internet of Things (IoT), among other things. The group of companies generates consolidated annual sales revenues of Euro 800 million and employs 4,300 people worldwide.
PRIMEPULSE pursues a long-term, value-oriented investment approach and sees itself as a strategic partner of its Group companies, actively supporting them in their growth ambitions. Behind PRIMEPULSE are Klaus Weinmann, Raymond Kober and Stefan Kober, the founders of MDAX-listed CANCOM SE with over 25 years of digital expertise.
Find out more at www.primepulse.de
Vectron Systems AG
48155 Münster, Germany
phone +49 (0) 2983 908121
mobile +49 (0) 170 2939080
fax +49 (0)251 2856-560