Munich/Frankfurt am Main, May 5, 2026 – WTS Advisory GmbH (“WTS”) served as financial advisor to electrovac AG (“electrovac”) in the preparation and execution of its initial public offering on the Regulated Market (Prime Standard) of the Frankfurt Stock Exchange. The shares of electrovac AG were listed on April 30, 2026, under the ticker symbol “EVAC” and ISIN DE000A420ZL4.
WTS Advisory GmbH (“WTS”) provided comprehensive financial advisory services to electrovac AG (“electrovac”) in connection with its initial public offering on the Regulated Market (Prime Standard) of the Frankfurt Stock Exchange, assisting with the preparation and execution of the IPO. The shares of electrovac AG were listed on April 30, 2026, under the ticker symbol “EVAC” and ISIN DE000A420ZL4.
electrovac AG is a specialist in hermetic glass-to-metal enclosures for the protection of safety- and system-critical electronics. As part of the IPO, the final offering price was set at EUR 7.80 per share. A total of 4,416,000 shares were placed, consisting of 3,840,000 new shares from a cash capital increase and 576,000 existing shares in connection with an over-allotment option. The total placement volume amounts to EUR 34.4 million upon full exercise of the greenshoe option. Based on the final offering price, this results in a market capitalization of approximately EUR 125 million.
BankM AG and B. Metzler seel. Sohn & Co. Aktiengesellschaft acted as Joint Global Coordinators, Joint Lead Managers, Joint Underwriters, and Joint Bookrunners in connection with the IPO.
Transaction Background
The proceeds from the offering are primarily intended to support electrovac’s further international expansion. The focus is on expanding production capacities in the Personal Safety segment at the existing site in Thailand, establishing local manufacturing capacities in China, and strengthening the local production presence in the U.S.
CEO Dieter Thumfart views strategic proximity to customers, continuous innovation, and expansion into key markets as key growth drivers. electrovac expects further growth particularly in the Aerospace & Defense segment; from the management’s perspective, local manufacturing in the U.S. is becoming increasingly important for this.
WTS Advisory IPO Team
Dr. Heiko Frank, Partner
Christopher Guddat, Manager
Moritz Stoll, Consultant
About electrovac AG
electrovac AG, headquartered in Salzweg, is the holding company of an internationally active group with more than 75 years of experience in the development and manufacture of hermetically sealed glass-to-metal components. The company’s products protect safety- and system-critical electronics in applications across sectors including Personal Safety, Aerospace & Defense, Industry, Mobility, Sensors, and Medical Technology. The group employs approximately 550 people at four locations and supplies more than 250 customers worldwide. The group’s revenue for the 2025/26 fiscal year (as of March 31) amounted to approximately EUR 116 million.
Further information at: https://www.electrovac.com/
About WTS Advisory
WTS Advisory is an independent, innovative solutions provider offering goal-oriented consulting and active operational support to companies across the entire CFO agenda. This encompasses solutions ranging from external reporting, optimization of the finance department, and governance, risk, and compliance issues to M&A and transaction advisory services, as well as support for digital transformation on the path to “Next Generation Finance.”
The Deal Advisory division of WTS Advisory & WTS offers integrated consulting on financial (WTS Advisory) and tax (WTS) aspects throughout the entire transaction process. The WTS Advisory Deal Advisory team supports corporate transactions, for example, through financial due diligence reviews and other buy-side and sell-side services, as well as valuation services such as expert and indicative business valuations, purchase price allocations, impairment tests, and post-deal implementation. The WTS Transactions Advisory team provides expert advice at every stage of a corporate transaction, from tax due diligence through structuring and negotiations on the purchase agreement to post-deal implementation.
For more information: wts.com/advisory
Contact
WTS Advisory GmbH
Dr. Heiko Frank, Partner | Lead M&A Strategy & Deal Advisory
Friedenstr. 22 · 81671 Munich · Germany
T: +49 (0) 89 28646-2394
M: +49 (0) 1709416717
heiko.frank@wts.de
www.wts.com/advisory
