Royal Imtech N.V.
Below you will find information from the register publication of inside information. The information has been provided by the organisation.
Registration date
17 jan 2014 - 07:30
Statutory name
Royal Imtech N.V.
Title
Imtech: Imtech concludes its strategic review in Turkey
Comments
Imtech announces the disposal of AE Arma-Elektropanç (Arma) after finalizing its strategic review in Turkey as announced on 7 November 2013. As part of this strategic review Imtech has concluded that the profile of Arma is not in line with the group's current strategic framework. Imtech will sell back its 80% shareholding to the previous owners and management of the company. Arma is conducting business in Turkey as well as in amongst others Russia, Middle East and Azerbaijan. Imtech acquired 80% of the shares in Arma in April 2012. Arma contributed 78 million euro to group's revenue for the 2012 financial year.
Date last update: 26 September 2026