Stabilus SE (SIUAF,STM.DE), a supplier of motion control solutions, on Monday announced the sale of subsidiaries Fabreeka and Tech Products to VMC Group for about $92 million.
The transaction is expected to close in the third quarter of fiscal year 2026.
The divestiture forms part of the company's strategy to sharpen focus on its core motion control business and high-growth automation areas.
The company said that the net proceeds from the transaction will mainly be used for debt reduction and strengthening the balance sheet.
Fabreeka and Tech Products generated combined revenue of about $32 million and adjusted EBIT of about $8.9 million in fiscal year 2025.
The company also said the transaction will have no impact on its fiscal year 2026 guidance.
Looking ahead, the company continues to expect fiscal year 2026 revenue in the range of 1.1 billion euros to 1.3 billion euros, adjusted EBIT margin of 10% to 12%.
On Friday, Stabilus SE closed trading, 4.32% higher at EUR18.36 on the XETRA.
For comments and feedback contact: editorial@rttnews.com
Business News
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.