04.06.2021 AKASOL AG  DE000A2JNWZ9

DGAP-News: AKASOL AG: Takeover process successfully closed: BorgWarner acquires 89 percent of AKASOL


DGAP-News: AKASOL AG / Key word(s): Offer/Merger
AKASOL AG: Takeover process successfully closed: BorgWarner acquires 89 percent of AKASOL

04.06.2021 / 14:30
The issuer is solely responsible for the content of this announcement.

Takeover process successfully closed: BorgWarner acquires 89 percent of AKASOL

  • Acceptance rate of 89.08 percent - Minimum acceptance threshold clearly exceeded
  • All conditions of the offer have been met
  • Implementation of AKASOL's further growth course to be strengthened by cooperation with BorgWarner
  • Potential for future market position growth in Europe, North and South America

Darmstadt, 4 June 2021 - Shareholders of AKASOL AG ("AKASOL" or the "Company"; ISIN DE000A2JNWZ9) have accepted the voluntary public takeover offer by ABBA BidCo AG, a subsidiary of BorgWarner Inc. (collectively "BorgWarner"), after the extended acceptance period expired with an acceptance rate of 89.08 percent of the AKASOL shares outstanding. The minimum acceptance threshold of 50 percent plus one share was thus clearly exceeded. In the partnership with BorgWarner, AKASOL's management team looks forward to approaching the next steps of the Company's expansion with even more energy.

"Nearly four months ago, BorgWarner and AKASOL announced their joint plans for the future and the takeover offer. Now we have reached a significant milestone with the completion of the offer. We members of the Management Board of AKASOL consider the high acceptance rate to be a sign that the offer to AKASOL shareholders was made at a reasonable price. We are looking forward to now beginning our cooperation with BorgWarner in the new shareholder structure. We will develop a sustainable strategy to seek to realize AKASOL's growth potential in Europe, North and South America," said Sven Schulz, CEO of AKASOL AG.

"With BorgWarner as a strong partner on our side, we believe AKASOL is well positioned to successfully realize the dynamic growth that we expect as our expansion course continues to gain momentum. For the current year, we can look back on a good first quarter. As announced on Monday, AKASOL was able to triple Q1 revenues compared to 2020 to EUR 24 million and achieved a positive EBITDA. For the full year, we consider an increase in revenue of up to 50% compared to 2020 as possible," added Carsten Bovenschen, CFO of AKASOL AG.

On May 10, 2021, BorgWarner had already announced on the website abba-angebot.de that all conditions of the takeover offer had been met, including the necessary regulatory approvals.

The purchase price in the amount of EUR 120.00 per tendered AKASOL share is expected to be settled today, 4 June 2021.

Important note

It is expressly pointed out that only the reasoned opinions of the Management Board and Supervisory Board are authoritative. The information contained in this press release does not constitute an elaboration on or a supplement to the statements made in the announcements.


Georg Grießmann
cometis AG
T.: +49 (0) 611 20 58 55 61
Email: [email protected]


AKASOL is a leading German developer and manufacturer of high-energy and high-performance lithium-ion battery systems for use in buses, commercial vehicles, rail vehicles and industrial vehicles, as well as in ships and boats. With 30 years of experience, AKASOL is a pioneer in the development and manufacture of lithium-ion battery systems for commercial applications. Shares of AKASOL AG stock have been traded on the Prime Standard segment of the Frankfurt Stock Exchange since June 29, 2018.


Statements contained herein could be deemed to constitute what are referred to as "forward-looking statements." Forward-looking statements are identifiable by the use of words such as "could," "will," "should," "plans," "expects," "anticipates," "estimates," "believes," "intends," "envisages," "aims" or the negative form of these terms, or corresponding modifications and comparable terms.

Based on current expectations, forward-looking statements involve a number of known and unknown risks, uncertainties and other factors as a consequence of which actual results, degrees of capacity utilization, developments and successes achieved by the AKASOL, or on the part of the branch of industry in which AKASOL operates, might turn out to be materially different from the results contained or implied herein. The faith placed in forward-looking statements should not be unreasonably high. AKASOL will not update or review any forward-looking statements published herein in light of new information, future events or for any other reason.

04.06.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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Language: English
Company: AKASOL AG
Kleyerstraße 20
64295 Darmstadt
Phone: +49 6151/800 500
E-mail: [email protected]
Internet: www.akasol.com
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1204411

End of News DGAP News Service

1204411  04.06.2021 


Die wichtigsten Finanzdaten auf einen Blick
  2015 2016 2017 2018 2019 2020 2021e
Umsatzerlöse1 8,81 13,45 14,48 21,59 47,65 68,33 98,00
EBITDA1,2 1,04 1,97 1,75 -0,19 -3,15 -8,31 10,00
EBITDA-Marge3 11,80 14,65 12,09 -0,88 -6,61 -12,16 10,20
EBIT1,4 0,41 1,33 1,12 -1,00 -5,29 -12,12 3,80
EBIT-Marge5 4,65 9,89 7,73 -4,63 -11,10 -17,74 3,88
Jahresüberschuss1 0,05 0,72 0,61 -0,73 -6,43 -12,27 3,10
Netto-Marge6 0,57 5,35 4,21 -3,38 -13,49 -17,96 3,16
Cashflow1,7 0,51 3,09 1,56 -10,35 -25,60 -9,58 0,00
Ergebnis je Aktie8 0,01 0,12 0,10 -0,17 -1,06 -2,02 0,52
Dividende8 0,00 0,00 0,00 0,00 0,00 0,00 0,00
Quelle: boersengefluester.de und Firmenangaben

  Geschäftsbericht 2020 - Kostenfrei herunterladen.  
1 in Mio. Euro; 2 EBITDA = Ergebnis vor Zinsen, Steuern und Abschreibungen; 3 EBITDA in Relation zum Umsatz; 4 EBIT = Ergebnis vor Zinsen und Steuern; 5 EBIT in Relation zum Umsatz; 6 Jahresüberschuss (-fehlbetrag) in Relation zum Umsatz; 7 Cashflow aus der gewöhnlichen Geschäftstätigkeit; 8 in Euro; Quelle: boersengefluester.de

Wirtschaftsprüfer: BDO

WKN Kurs in € Einschätzung Börsenwert in Mio. €
A2JNWZ 121,600 Halten 737,12
KGV 2022e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
69,49 7,51 9,11 -344,48
8,90 76,91 10,79 -92,54
Dividende '19 in € Dividende '20e in € Div.-Rendite '20e
in %
0,00 0,00 0,00 30.06.2021
Q1-Zahlen Q2-Zahlen Q3-Zahlen Bilanz-PK
31.05.2021 16.08.2021 08.11.2021 30.04.2021
Abstand 60Tage-Linie Abstand 200Tage-Linie Performance YtD Performance 52 Wochen
1,66% 15,30% 25,17% 198,04%
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