Kneissl to Be Taken Over by Foreign Investor

Companies › Retail & Consumer ♦ Published: September 23, 2011; 13:04 ♦ (Vindobona)

Negotiations about the sale of the bankrupt Tyrolean ski producer are about to be concluded. Three investors from Europe and overseas are still interested in an acquisition.

Kneissl to Be Taken Over by Foreign Investor / Picture: © Vindobona.org

Kneissl will be sold to a foreign investors within the next weeks. Liquidator Stefan Geiler expects to have an offer ready for signing at the next meeting of the creditors’ committee on 3 October. Geiler on Friday announced that there were still three potential investors who were “not from Austria”.

Chances were good to find a buyer who would continue production at the…

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