CEO of BWT Increases Control Over His Group

People ♦ Published: May 17, 2011; 21:53 ♦ (Vindobona)

Andreas Weißenbacher increased his share in BWT to now 26.2%. He also controls 37% of German WMF. Both companies improved their results in 2010.

CEO of BWT Increases Control Over His Group / Picture: © BWT AG

A water treatment company and a tableware and kitchenware manufacturer – this is the portfolio of Andreas Weißenbacher. A few years ago he acquired 37% of the German WMF AG through Fiba, a participation company based in Hallein, right at the same time as the Swiss financial investor CapVis took over a majority interest. WMF has recovered successfully from the economic crisis: Last…