Emmerich, Germany, September 8, 2022: PROBAT, the world market and technology leader in coffee processing plant and machinery, adopts the legal form of a stock corporation. With this step, the company clearly underlines its international expansion strategy.
The roasting machine manufacturer from the Lower Rhine region becomes a stock corporation and will operate in the future only under the name PROBAT. This decision sets the course for the future of the entire PROBAT Group. "We have clearly focused our corporate strategy on growth and strengthening the international brand presence of the entire Group. The transformation into a stock corporation focuses in particular on further successful market development, which is an important pillar for the long-term success of PROBAT,” PROBAT CEO Wim Abbing explains the decision for conversion.
The transformation into a stock corporation offers the globally operating PROBAT Group both a prerequisite and an opportunity to continue to decisively and sustainably shape the international coffee market. Thus, with this new "legal dress", PROBAT—following the construction of the future-oriented production facility at the company headquarters—is now once again sending clear signals to the international coffee industry and emphasizing its market-leading position within the sector.
An initial public offering (IPO) is not planned. Existing structures at the level of the PROBAT holding company remain unchanged. This conversion of legal form was decided during the last shareholders' meeting.
