Acquisition of K&S Antriebssysteme in Germany

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ERIKS Germany acquired all shares in K&S Antriebssysteme GmbH & Co. KG in Schwarzenbek
(greater Hamburg area, in Northern Germany). K&S Antriebssysteme is a company specialized in
electric motors, gears and frequency converters and offers a broad range of products as well as modern technology in the field of power transmission.

With this acquisition, ERIKS Germany continues to strengthen its position and broaden its product
range with a focus on innovative, technology-driven activities.

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