Ehret+Klein AG has completed key financial and structural measures aimed at a stable long-term positioning of the company. As part of a capital increase in the double-digit million range, the equity base was significantly strengthened. At the same time, liabilities of more than EUR 100 million were restructured and completely restructured outside Ehret+Klein AG as part of a debt-equity swap. These steps lead to a sustainable relief of the balance sheet and create a clear, sustainable capital structure.
With the completion of these measures, the prerequisites have also been created for further debt-to-equity swaps that have already been prepared. In addition, the strategic separation between investment and operating business was fully implemented. In the future, the operating unit will operate within Ehret+Klein AG independently of equity investments/investments and with a clear entrepreneurial orientation.
“With the measures we have completed, we have further developed the financial and structural basis. We have sustainably strengthened our balance sheet, reduced complexity and clearly aligned our operating business. In this way, we are creating the conditions to remain able to act in a challenging market environment,” says Sebastian Wasser, CEO of Ehret+Klein AG.
The combination of capital increase, debt relief and structural restructuring has created the basis for a clearly aligned and future-proof corporate structure for the continuation and strategic development of the operating business.