Kendrion today announced that it has completed the acquisition of INTORQ, the manufacturer of spring-applied brakes and electromagnetic brakes and clutches for electrical drive technologies.

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THIS PRESS RELEASE IS NOT FOR RELEASE, DISTRIBUTION OR PUBLICATION, WHETHER DIRECTLY OR INDIRECTLY AND WHETHER IN WHOLE OR IN PART, INTO OR IN THE UNITED STATES OF AMERICA, AUSTRALIA, CANADA OR JAPAN OR IN ANY OTHER JURISDICTION IN WHICH THE RELEASE, DISTRIBUTION OR PUBLICATION WOULD BE UNLAWFUL.​​​​​​​

Kendrion today announced that it has entered into a definitive agreement to acquire INTORQ GmbH & Co. KG.

Investments in key growth opportunities continue as Kendrion Q3 results are affected by global economy

Difficult market conditions affect Kendrion. Investment in key growth opportunities continues.