Cherry SE Successfully Completes Sale of Hygiene Peripherals Division

Munich, 28 May 2025 – In a significant move within the Information Technology sector, Cherry SE, a German company renowned for its consumer electronic devices, has successfully completed the sale of its hygiene peripherals division, known as Active Key, to Contour Design Inc. This transaction, announced on 8 May 2025, marks a pivotal moment in Cherry SE’s ongoing restructuring efforts.

The sale of the Active Key division is part of Cherry SE’s strategic plan to streamline its operations and focus on its core competencies in manufacturing input devices such as keyboards, mice, and card readers. The transaction was finalized with the first tranche of the purchase price being paid to Cherry SE as a cash component, providing immediate financial benefits to the company.

Oliver Kaltner, CEO of Cherry SE, expressed satisfaction with the swift and seamless completion of the transaction. “The successful sale of the Active Key business to Contour Design is a crucial milestone in our restructuring process,” Kaltner stated. “This move, along with the extension of our banking agreement through the end of December 2027 and the strategic repositioning of our German site in Auerbach, positions Cherry SE for a more focused and sustainable future.”

Cherry SE, headquartered in Munich, has been a key player in the global market for computer input devices. The company’s decision to divest its hygiene peripherals division aligns with its goal to enhance operational efficiency and strengthen its market position in the Information Technology sector.

As of 26 May 2025, Cherry SE’s stock was trading at 1 EUR on the Xetra exchange, with a market capitalization of 24,660,000 EUR. The company’s financial performance has seen fluctuations over the past year, with a 52-week high of 2.8 EUR and a low of 0.5 EUR. Despite these challenges, the successful sale of the Active Key division is expected to bolster Cherry SE’s financial stability and support its strategic objectives moving forward.

For more information about Cherry SE and its products, interested parties can visit the company’s website at www.cherry-world.com .