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FORTEC Elektronik AG

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uuid000z6lt

Namestring
FORTEC Elektronik AG
Legal namestring
FORTEC Elektronik AG
Websiteurl
fortecag.de
Company typeenum
Public
Founded yearint
1984
Descriptiontext

FORTEC Elektronik AG is a German-listed system supplier of industrial high-tech electronic components and integrated solutions, headquartered in Germering and founded in 1984. The company is publicly traded on the Prime Standard segment of the German stock exchange under the ticker FEV (ISIN DE0005774103, IPO 1990), with approximately 80 million EUR in consolidated revenue and 236-250 employees across 10 subsidiary locations spanning Germany, the USA, Switzerland, the Czech Republic, the UK, the Netherlands, and Egypt.

The company's offering is organized around three core technology areas: Display Technology (industrial monitors and display panels), Embedded Systems (computing modules and pico systems for industrial use), and Power Supplies (power supply units for industrial and high-tech applications). FORTEC's stated differentiator is its ability to combine all three areas into integrated Industry 4.0 solutions, an integration it claims no competitor matches as a single supplier. The revenue model spans pure distribution, custom development and production, and complete integrated solutions, sold through direct enterprise field sales to industrial device manufacturers in verticals including defense, medical technology, railway, maritime, and general industrial automation.

Recent strategic activity has been substantial: the 'Strong Together 2030' plan was announced in 2024, followed by the acquisitions of Nottrot B.V. (July 2025, maritime data visualization) and Advantec Electronics (October 2025, Benelux distribution). A leadership restructuring in late 2025 removed the prior CEO and rebuilt the executive board with a new CFO (Feb 2026) and COO (May 2026). The group is ISO 9001 and ISO 14001 certified, holds a 76.6% equity ratio, and pays a 0.40 EUR per share dividend, reflecting a financially conservative small-cap industrial profile.

Short descriptiontext

FORTEC Elektronik AG is a publicly listed German system supplier of industrial displays, embedded computing modules, and power supplies, offering integrated Industry 4.0 solutions to enterprise device manufacturers across defense, medical, railway, maritime, and general industrial verticals.

Operating statusenum
Operating
Ownership categoryenum
akta.pro rankint
HeadquartersLandsberg, Germany
HQ citystring
Landsberg
HQ countrystring
Germany
HQ regionstring
Europe
Markets served

Serves global market

Offices9 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
industrial display technology, embedded systems modules, industrial power supplies, system integration solutions, electronics distribution services
Industry1 code
1Sensors & Instrumentation Electronics Manufacturing Services (Transmitters, analyzers, industrial sensors)
CodeIMAGAGALPrimaryYes
NAICS code2 codes
  • Navigational, Measuring, Electromedical, and Control Instruments Manufacturing33451
  • Computer and Peripheral Equipment Manufacturing33411
SIC code3 codes
  • Industrial Instruments For Measurement, Display, And Control3823
  • Electronic & Other Electrical Equipment (No Computer Equip)3600
  • Electrical Industrial Apparatus3620
Product category
Industrial Electronics Components and Systems
Social media profiles1 record
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model3 records
1Distribution
TypeHardware Sales
Description

Pure distribution of individual components in Display Technology, Embedded Systems, and Power Supplies

fortecag.de
2Development and Production
TypeHardware Sales
Description

Custom development and production services for industrial customers

fortecag.de
3Complete Solutions
TypeHardware Sales
Description

Integrated complete solutions combining multiple technology areas for Industry 4.0 applications

fortecag.de
Marketing channels4 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels1 record

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components6 values
Supply Chain, Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure
GTM typeB2B
B2B
Offering typeHardware or Manufacturing
Hardware or Manufacturing
Core offering1 text field

FORTEC Elektronik AG is a system supplier for industrial high-tech product manufacturers, distributing, developing, producing, and integrating components in three core technology areas: Display Technology (monitors and display panels), Embedded Systems (computing modules and systems), and Power Supplies. The company offers the complete service spectrum from pure distribution of individual components, through custom development and production, to fully integrated complete solutions for Industry 4.0 applications.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 2 values shown
  • 41 years of continuous market presence
+1 more record
Product overview1 text field

FORTEC Elektronik AG operates as a system supplier for industrial high-tech products, offering three core product categories: Display Technology (monitors and display panels), Embedded Systems (embedded computing modules and systems), and Power Supplies (power supply units). The company has evolved from a pure distributor to a full-range provider offering development, production, and complete solutions. The portfolio is supported by subsidiaries including FORTEC Integrated GmbH, FORTEC Power, and FORTEC Benelux, as well as recently acquired companies Nottrot B.V. (maritime/defence data visualization) and Advantec Electronics (Western Europe expansion). The company connects these capabilities to provide integrated solutions for Industry 4.0 applications.

Product and service3 records
1Display Technology
CategoryDisplay Technology
Description

Industrial display solutions including monitors and display panels designed for professional, commercial, and industrial applications. FORTEC supplies and integrates these displays for use in harsh environments and specialized vertical applications including medical, railway, and maritime markets.

2Embedded Systems
CategoryEmbedded Computing
Description

Embedded computing solutions for industrial applications, including computing modules, pico modules, and embedded systems that provide processing capability for device manufacturers across sectors such as medical technology, railway, defense, and industrial automation.

3Power Supplies
CategoryPower Electronics
Description

Power supply units and solutions designed for industrial and high-technology applications, including defense-grade power supply systems delivered through the FORTEC Power subsidiary. Provides reliable power conversion for mission-critical industrial devices.

Scale indicator14 records

Each record includes

Type, Value, Description, Source

Partnership2 partners
Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2025-10-21
Description

Full acquisition of Advantec Electronics in October 2025 to strengthen market presence in Benelux (Netherlands, Belgium, Luxembourg). Part of strategic expansion in Western Europe.

Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2025-07-11
Description

Acquisition of Nottrot B.V. in July 2025 to enter the maritime market for data visualization and strengthen position in the defense sector. This strategic acquisition opened access to maritime and military markets.

Recent move7 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight5 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

Swiss-listed industrial enclosure and electronic components specialist serving industrial OEMs. Comparable mid-sized European industrial electronics company with overlapping customer base in factory automation and medical technology.

TypeBroad incumbent
Description

German-listed global industrial automation and digitalization major. Touches FORTEC's end markets (factory automation, rail, medical) and competes indirectly through Siemens-owned industrial PC and HMI businesses, though at vastly larger scale and scope.

TypeDirect peer
Description

Italian-listed embedded computing and IoT solutions provider with similar product positioning to FORTEC's Embedded Systems pillar and a comparable European industrial OEM customer base.

TypeOthers
Description

Global electronics distribution and embedded solutions provider. Comparable on the distribution portion of FORTEC's business model, but operates as a broad-line distributor with embedded and compute offerings at much larger scale.

TypeBroad incumbent
Description

Privately-held German global leader in industrial connectivity, power supplies, and automation. Overlaps with FORTEC's Power Supplies product category and broader industrial OEM customer set, though at much larger scale and product breadth.

TypeBroad incumbent
Description

French-listed global industrial automation, power, and digital solutions major. Touches FORTEC's industrial OEM customer base across power supplies and embedded control, but operates at vastly larger scale and broader portfolio scope.

TypeDirect peer
Description

German publicly-listed display and embedded computing specialist serving industrial and medical OEMs. Highly comparable to FORTEC's Display Technology and Embedded Systems product categories with overlapping customer verticals.

TypeBroad incumbent
Description

Taiwan-listed global leader in industrial PCs, embedded platforms, and IoT. Significantly larger scale and broader product portfolio than FORTEC, but competes head-to-head in industrial embedded and display-integrated solutions for OEMs.

TypeEmerging player
Description

Taiwan-headquartered industrial networking and embedded computing specialist focused on rail, maritime, and factory automation. Comparable in industry verticals (railway, maritime overlap) and embedded systems positioning, though smaller and more networking-focused.

TypeDirect peer
Description

Austria/Germany-listed embedded computing and industrial IoT company with a similar business model to FORTEC's Embedded Systems pillar. Kontron offers embedded modules, boards, and complete industrial solutions, making it a closely comparable direct peer for the embedded + integrated solutions business.

Market position
Strengths4 records

Each record includes

Headline, Details, Source

Weaknesses4 records

Each record includes

Headline, Details, Source

Competitive moat4 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights6 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers4 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment5 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile3 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature4 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles5 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

Subsidiaries10 records

Each record includes

Name, Acquired on, Relationship type, Type, Business focus

Compliance2 records

Each record includes

Name, Class, Description

Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

FORTEC Elektronik AG

Industrial Electronics Components and Systemsfortecag.de

FORTEC Elektronik AG is a publicly listed German system supplier of industrial displays, embedded computing modules, and power supplies, offering integrated Industry 4.0 solutions to enterprise device manufacturers across defense, medical, railway, maritime, and general industrial verticals.

What FORTEC Elektronik AG does

FORTEC Elektronik AG is a German-listed system supplier of industrial high-tech electronic components and integrated solutions, headquartered in Germering and founded in 1984. The company is publicly traded on the Prime Standard segment of the German stock exchange under the ticker FEV (ISIN DE0005774103, IPO 1990), with approximately 80 million EUR in consolidated revenue and 236-250 employees across 10 subsidiary locations spanning Germany, the USA, Switzerland, the Czech Republic, the UK, the Netherlands, and Egypt.

The company's offering is organized around three core technology areas: Display Technology (industrial monitors and display panels), Embedded Systems (computing modules and pico systems for industrial use), and Power Supplies (power supply units for industrial and high-tech applications). FORTEC's stated differentiator is its ability to combine all three areas into integrated Industry 4.0 solutions, an integration it claims no competitor matches as a single supplier. The revenue model spans pure distribution, custom development and production, and complete integrated solutions, sold through direct enterprise field sales to industrial device manufacturers in verticals including defense, medical technology, railway, maritime, and general industrial automation.

Recent strategic activity has been substantial: the 'Strong Together 2030' plan was announced in 2024, followed by the acquisitions of Nottrot B.V. (July 2025, maritime data visualization) and Advantec Electronics (October 2025, Benelux distribution). A leadership restructuring in late 2025 removed the prior CEO and rebuilt the executive board with a new CFO (Feb 2026) and COO (May 2026). The group is ISO 9001 and ISO 14001 certified, holds a 76.6% equity ratio, and pays a 0.40 EUR per share dividend, reflecting a financially conservative small-cap industrial profile.

FORTEC Elektronik AG firmographics

Firmographics
Name
FORTEC Elektronik AG
Legal name
FORTEC Elektronik AG
Website
https://fortecag.de
Company type
Public
Founded year
1984
Operating status
Operating
Short description
FORTEC Elektronik AG is a publicly listed German system supplier of industrial displays, embedded computing modules, and power supplies, offering integrated Industry 4.0 solutions to enterprise device manufacturers across defense, medical, railway, maritime, and general industrial verticals.
Ownership category
akta.pro rank

FORTEC Elektronik AG industry classification

Industry
Product category
Industrial Electronics Components and Systems
NAICS
Navigational, Measuring, Electromedical, and Control Instruments Manufacturing (33451), Computer and Peripheral Equipment Manufacturing (33411)
SIC
Industrial Instruments For Measurement, Display, And Control (3823), Electronic & Other Electrical Equipment (No Computer Equip) (3600), Electrical Industrial Apparatus (3620)
akta.pro primary industry
Sensors & Instrumentation Electronics Manufacturing Services (Transmitters, analyzers, industrial sensors) (IMAGAGAL)

Keywords

  • Industrial display technology
  • Embedded systems modules
  • Industrial power supplies
  • System integration solutions
  • Electronics distribution services

Where FORTEC Elektronik AG is headquartered

Location

Headquarters

HQ city
Landsberg
HQ country
Germany
HQ region
Europe

Offices9 records

Markets served

FORTEC Elektronik AG business model

Business model
GTM type
B2B
Offering type
Hardware or Manufacturing
Cost components
Supply Chain, Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

  1. Distribution: Pure distribution of individual components in Display Technology, Embedded Systems, and Power Supplies
  2. Development and Production: Custom development and production services for industrial customers
  3. Complete Solutions: Integrated complete solutions combining multiple technology areas for Industry 4.0 applications

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

FORTEC Elektronik AG product offering

Product offering

Core offering

FORTEC Elektronik AG is a system supplier for industrial high-tech product manufacturers, distributing, developing, producing, and integrating components in three core technology areas: Display Technology (monitors and display panels), Embedded Systems (computing modules and systems), and Power Supplies. The company offers the complete service spectrum from pure distribution of individual components, through custom development and production, to fully integrated complete solutions for Industry 4.0 applications.

Product overview

FORTEC Elektronik AG operates as a system supplier for industrial high-tech products, offering three core product categories: Display Technology (monitors and display panels), Embedded Systems (embedded computing modules and systems), and Power Supplies (power supply units). The company has evolved from a pure distributor to a full-range provider offering development, production, and complete solutions. The portfolio is supported by subsidiaries including FORTEC Integrated GmbH, FORTEC Power, and FORTEC Benelux, as well as recently acquired companies Nottrot B.V. (maritime/defence data visualization) and Advantec Electronics (Western Europe expansion). The company connects these capabilities to provide integrated solutions for Industry 4.0 applications.

Differentiator

Problem solved

Functional benefit

Products and services

  • Display Technology Industrial display solutions including monitors and display panels designed for professional, commercial, and industrial applications. FORTEC supplies and integrates these displays for use in harsh environments and specialized vertical applications including medical, railway, and maritime markets.
  • Embedded Systems Embedded computing solutions for industrial applications, including computing modules, pico modules, and embedded systems that provide processing capability for device manufacturers across sectors such as medical technology, railway, defense, and industrial automation.
  • Power Supplies Power supply units and solutions designed for industrial and high-technology applications, including defense-grade power supply systems delivered through the FORTEC Power subsidiary. Provides reliable power conversion for mission-critical industrial devices.

Quantifiable outcome

  • 41 years of continuous market presence
  • +1 more outcomes

Companies that use FORTEC Elektronik AG

Customer profile

Named customers4 records

Segments5 records

Ideal customer profiles3 records

FORTEC Elektronik AG technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature4 records

FORTEC Elektronik AG partnerships and signals

Strategic signal

Partnerships

Two partnerships are on record, tiered core.

  • Advantec ElectronicscoreStrategic or Co-development Partner · 21 October 2025Full acquisition of Advantec Electronics in October 2025 to strengthen market presence in Benelux (Netherlands, Belgium, Luxembourg). Part of strategic expansion in Western Europe.
  • Nottrot B.V.coreStrategic or Co-development Partner · 11 July 2025Acquisition of Nottrot B.V. in July 2025 to enter the maritime market for data visualization and strengthen position in the defense sector. This strategic acquisition opened access to maritime and military markets.

Scale indicators14 records

Recent moves7 records

Expansion highlights5 records

FORTEC Elektronik AG competitors and assessment

Company assessment

Direct peers

  • Phoenix Mecano AG: Swiss-listed industrial enclosure and electronic components specialist serving industrial OEMs. Comparable mid-sized European industrial electronics company with overlapping customer base in factory automation and medical technology.
  • SECO S.p.A. Italian-listed embedded computing and IoT solutions provider with similar product positioning to FORTEC's Embedded Systems pillar and a comparable European industrial OEM customer base.
  • Data Modul AG: German publicly-listed display and embedded computing specialist serving industrial and medical OEMs. Highly comparable to FORTEC's Display Technology and Embedded Systems product categories with overlapping customer verticals.
  • Kontron AG: Austria/Germany-listed embedded computing and industrial IoT company with a similar business model to FORTEC's Embedded Systems pillar. Kontron offers embedded modules, boards, and complete industrial solutions, making it a closely comparable direct peer for the embedded + integrated solutions business.

Broad incumbents

  • Siemens AG: German-listed global industrial automation and digitalization major. Touches FORTEC's end markets (factory automation, rail, medical) and competes indirectly through Siemens-owned industrial PC and HMI businesses, though at vastly larger scale and scope.
  • Phoenix Contact GmbH & Co. KG: Privately-held German global leader in industrial connectivity, power supplies, and automation. Overlaps with FORTEC's Power Supplies product category and broader industrial OEM customer set, though at much larger scale and product breadth.
  • Schneider Electric SE: French-listed global industrial automation, power, and digital solutions major. Touches FORTEC's industrial OEM customer base across power supplies and embedded control, but operates at vastly larger scale and broader portfolio scope.
  • Advantech Co., Ltd. Taiwan-listed global leader in industrial PCs, embedded platforms, and IoT. Significantly larger scale and broader product portfolio than FORTEC, but competes head-to-head in industrial embedded and display-integrated solutions for OEMs.

Others

  • Arrow Electronics, Inc. Global electronics distribution and embedded solutions provider. Comparable on the distribution portion of FORTEC's business model, but operates as a broad-line distributor with embedded and compute offerings at much larger scale.

Emerging players

  • Moxa Inc. Taiwan-headquartered industrial networking and embedded computing specialist focused on rail, maritime, and factory automation. Comparable in industry verticals (railway, maritime overlap) and embedded systems positioning, though smaller and more networking-focused.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

FORTEC Elektronik AG social profiles

Digital presence

FORTEC Elektronik AG compliance and trust

Trust signal

Compliance2 records

FORTEC Elektronik AG financial estimates

Financial estimate

Revenue estimate

Valuation estimate

FORTEC Elektronik AG leadership team

Management profile

Number of profiles

Profiles5 records

FORTEC Elektronik AG subsidiaries and ownership

Company hierarchy

Subsidiaries10 records

FORTEC Elektronik AG funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

FORTEC Elektronik AG M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about FORTEC Elektronik AG

What does FORTEC Elektronik AG do?

FORTEC Elektronik AG is a system supplier for industrial high-tech product manufacturers, distributing, developing, producing, and integrating components in three core technology areas: Display Technology (monitors and display panels), Embedded Systems (computing modules and systems), and Power Supplies. The company offers the complete service spectrum from pure distribution of individual components, through custom development and production, to fully integrated complete solutions for Industry 4.0 applications.

Is FORTEC Elektronik AG a public or private company?

FORTEC Elektronik AG is a public company. It is classified as public and is currently operating.

When was FORTEC Elektronik AG founded?

FORTEC Elektronik AG was founded in 1984.

Where is FORTEC Elektronik AG based?

FORTEC Elektronik AG is headquartered in Landsberg, Germany, in the Europe region.

How does FORTEC Elektronik AG make money?

Three revenue lines are on record. Distribution is the primary driver. The others are development and Production and complete Solutions.

Who are FORTEC Elektronik AG's main competitors?

Direct peers on record are Phoenix Mecano AG, SECO S.p.A., Data Modul AG and Kontron AG. Broad incumbents are Siemens AG, Phoenix Contact GmbH & Co. KG, Schneider Electric SE and Advantech Co., Ltd.. Arrow Electronics, Inc. is listed as an others. Moxa Inc. is listed as an emerging player.

Does FORTEC Elektronik AG have an API?

No public API is recorded for FORTEC Elektronik AG.

What industry is FORTEC Elektronik AG in?

FORTEC Elektronik AG's product category is Industrial Electronics Components and Systems. Its primary akta.pro industry code is IMAGAGAL, Sensors & Instrumentation Electronics Manufacturing Services (Transmitters, analyzers, industrial sensors). Its NAICS code is 33451 and its SIC code is 3823.

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Live signals
YahooFORTEC Group Strengthens Its second Tier of Management - Appointments to Several International Management PositionsFORTEC Elektronik Aktiengesellschaft announced on August 25, 2026 that its Management Board is appointing new Managing Directors at several subsidiaries as part of a group reorganisation. Martin Novak leads FORTEC CZ, Paul Hooper becomes Managing Director and CRO at FORTEC US, Rhett Evans succeeds him at FORTEC UK, and Patrick von Unold takes over FORTEC Integrated. The company operates sites in Germany, Switzerland, the Netherlands, UK, US, Czech Republic and Egypt.FinanzNachrichten.deFORTEC besetzt mehrere Führungspositionen neu. Soll vorangehenFORTEC Elektronik AG is reshuffling several management positions in its subsidiaries, aiming to shift more operational responsibility directly into the target regions. The board is strengthening the second level of management, with Martin Nov\u00e1k taking over the Czech subsidiary's management on 1 June 2026. The full details were not disclosed in the available text.YahooFORTEC Elektronik Aktiengesellschaft Appoints Yannick Moyles-Johnson to the Management Board and as New CFOThe Supervisory Board of FORTEC Elektronik Aktiengesellschaft has appointed Yannick Moyles-Johnson as the company's new Chief Financial Officer and Management Board member, effective no later than November 1, 2026, as part of a previously announced long-term succession plan. Moyles-Johnson succeeds Henrik Christiansen, who has been serving as interim CFO since November 2025 and will remain available to ensure a smooth transition. Moyles-Johnson brings over 15 years of international leadership experience in technology-oriented industrial companies, most recently serving as CFO and Commercial Managing Director of ProMik Holding GmbH.FinanzNachrichten.deFortec Elektronik: Yannick Moyles-Johnson wird neuer FinanzvorstandThe Supervisory Board of Fortec Elektronik AG has appointed Yannick Moyles-Johnson as the new Chief Financial Officer, effective no later than November 1, 2026, implementing the previously announced long-term succession plan in the finance department. Moyles-Johnson succeeds Henrik Christiansen, who had been serving as interim CFO since November 2025.FinanzNachrichten.deEQS-News: FORTEC Elektronik Aktiengesellschaft beruft Yannick Moyles-Johnson zum Vorstand und neuen CFOFORTEC Elektronik Aktiengesellschaft's supervisory board appointed Yannick Moyles-Johnson as the company's new CFO and board member, effective by November 1, 2026. He succeeds Henrik Christiansen, who has served as interim CFO since November 2025. Moyles-Johnson brings over 15 years of international leadership experience in technology-focused industrial companies, most recently as CFO of ProMik Holding GmbH, and will join co-board member Michael Spatny in focusing on profitability improvement, market position strengthening, and executing the group's growth strategy.GlobeNewswireDGAP-Adhoc: Stellungnahme gem. § 27 WpÃGFORTEC Elektronik AG's board and supervisory board unanimously rejected a public takeover offer by TRM Beteiligungsgesellschaft mbH, published on August 9, 2012. They deemed the purchase price unfair and reasonable, and the statement was disseminated via DGAP on August 22, 2012.GlobeNewswireDGAP-Adhoc: FORTEC Elektronik Aktiengesellschaft: Another Record ResultFORTEC Elektronik AG reported record results for fiscal year 2010/11, with turnover rising to 47.5 million euros from 36 million and profit before interest and tax increasing to 3.7 million euros. Net income was 2.8 million euros, and the management board proposed raising the dividend from 30 cents to 50 cents per share.GlobeNewswireDGAP-News: FORTEC Elektronik Aktiengesellschaft: FORTEC topped results before recessionFORTEC Elektronik reported Q1 2011 turnover up 35% to 13.3 million EUR, with EBIT of 1 million EUR for the first time. Quarterly profit per share was 25 cents, and the company expects further growth from record bookings over 20 million EUR.