on Dürr Aktiengesellschaft (isin : DE0005565204)
Dürr Group Reviews Strategic Options for Environmental Technology and Reshapes Automotive Division
Bietigheim-Bissingen, June 04, 2024 — Dürr AG's Board of Management has announced a strategic review of its air pollution control technology and noise abatement systems business units. These units, part of the Clean Technology Systems (CTS) division, generated approximately €430 million in 2023, and a sale is being considered. The battery production technology within CTS will remain unaffected.
In a move to enhance competitiveness, Dürr AG will merge its Paint and Final Assembly Systems and Application Technology divisions into a new Automotive division. This consolidation will commence in early 2025, managing activities that recently generated €2 billion in sales.
The battery production technology business will transition to the Industrial Automation Systems division, now renamed Industrial Automation. The Woodworking Machinery and Systems division will be rebranded as Woodworking.
R. P.
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