Austrian Green Building Group Acquired Stake in Slovenian Lumar

Businessn.a. ♦ Published: February 7, 2012; 11:15 ♦ (Vindobona)

The Austrian investment company acquired the Slovenian market leader in environmentally friendly construction.

Austrian Green Building Group Acquired Stake in Slovenian Lumar / Picture: © Vindobona.org

The Green Building Group GmbH, a H.I.G. Capital portfolio company headquartered in Graz, Austria, announced today that it has acquired a majority stake in Lumar IG d.o.o. (“Lumar”), the leading Slovenian manufacturer of prefabricated houses. As part of the transaction, Lumar’s founding owners, the Lukic family, have taken a stake in Green Building Group. Lumar will continue to…