Kendrion N.V. today announced the successful completion of the sale of its China-based business in
Suzhou to local management, supported by a consortium of investors. The transaction reflects an
enterprise value of EUR 70 million.
With growth opportunities in China primarily linked to the automotive sector, the divestment enables
Kendrion to fully focus on its industrial business groups and marks the completion of Kendrion’s strategic
transformation into a pure-play industrial company.
The transaction further strengthens Kendrion’s balance sheet and provides additional funds for growth in
its industrial businesses. As previously communicated on 27 August 2025, the company intends to allocate
part of the proceeds to a EUR 1.00 per share special dividend and a share buyback of up to
EUR 10 million. An update regarding the timing will be provided on 11 November 2025, together with the
company’s Q3 2025 results.