Kendrion develops, manufactures and sales worldwide high-quality electromagnetic and mechatronic solutions for industrial and automotive applications. Its global footprint extends from Europe and the U.S. to Brazil, Mexico, India and China.

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Parcom Capital sold off its shareholding in Kendrion in a number of tranches.

At the end of September 2009 Kendrion issued shares amounting to 9.9% of the subscribed share capital through a private placement.