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Ennoconn Initiates Mandatory Takeover Offer for Austria-based Kontron

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Ennoconn (TPE:6414) board has approved a plan to acquire full ownership of Austria-based Kontron, through a mandatory public takeover offer in cash, according to a Wednesday Taiwan Exchange filing.

Shares gained about 2% in Thursday's midday trade.

The offer price is set at 23.50 euros per share and will be launched after Ennoconn crosses the 30% ownership threshold, in line with German regulations. It currently owns 29.99% stake in Kontron.

The transaction, expected to close by end-2026, subject to regulatory approvals.

The deal aims to strengthen Ennoconn's position in AI, edge computing and smart infrastructure markets, it said.

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