CENIT Aktiengesellschaft (XTRA:CSH) is looking for M&A. Peter Schneck, CEO said, "Now what I have done to come to your last question on the M&A side. Yes, we are looking for larger targets. The targets that we're looking, the target #1 that I was talking about will be a larger target, I would call it this way, in the size of maybe a company like ISR to give you an idea.

And what we will do here is since we don't want to spend all our capital. And since we are in a foreign environment where I would like to have also the founders and everybody still in there helping us to get into the market and also to keep all the team members, we might only buy a portion of the shares and keep the founders in the organization like we've done this with ISR".