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Frauenthal Expands into Slovakia
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Published: April 2, 2012; 19:53 ♦ (Vindobona)
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The Austrian conglomerate acquires a Slovak sanitary retailer. The automotive segment recovers, CEO Moser says.
Frauenthal Expands into Slovakia / Picture: © Vindobona.org
The Vienna-listed conglomerate Frauenthal acquired the Slovak sanitary retail company Technopoint. The new interest will be integrated in Frauenthal´s sanitary division SHT Haustechnik AG. Technopoint is based in Bratislava and number four in the Slovak sanitary market. The company achieved revenues of € 10m last year and employed 70 workers at the end of December. The sale price was…
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