Hexatronic Buys German Connector Firm JOWO to Boost Harsh Environment Growth

Hexatronic Group AB ( (SE:HTRO) ) has shared an update.

Hexatronic Group has agreed to acquire German connector manufacturer and distributor JOWO Systemtechnik AG, a supplier to defense, energy and industrial customers, in a deal aimed at expanding its Harsh Environment business area. The move adds complementary technology, deeper access to the European defense market, and will push Harsh Environment pro forma net sales toward SEK 1.5 billion, with the transaction self-funded and expected to close in the second quarter of 2026 pending German regulatory approval.

JOWO, which reported 2025 net sales of about EUR 18 million and an EBITDA margin around 14 percent, will be consolidated into Hexatronic’s Harsh Environment segment, with its management team remaining in place. The acquisition supports Hexatronic’s strategy to diversify end-market exposure beyond traditional telecom, accelerate growth in harsh-environment connectivity, and strengthen its position in defense-related connectivity solutions for demanding applications.

The most recent analyst rating on (SE:HTRO) stock is a Hold with a SEK27.00 price target. To see the full list of analyst forecasts on Hexatronic Group AB stock, see the SE:HTRO Stock Forecast page.

More about Hexatronic Group AB

Hexatronic Group AB is a Swedish provider of fiber-based connectivity solutions for critical, future-ready infrastructure, ranging from telecom networks to rugged environments and data centers. The company delivers scalable, durable systems supported by training and field services, working closely with customers to build networks that strengthen communities and enable innovation in a connected world.

YTD Price Performance: 20.05%

Average Trading Volume: 1,275,975

Technical Sentiment Signal: Hold

Current Market Cap: SEK5.67B

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