Kuhn Holding Buys Emco

Industrials › Industrial Goods ♦ Published: December 21, 2011; 19:11 ♦ (Vindobona)

A purely Austrian solution was found for the former A-Tec subsidiary. The Austrian mechanical engineering company is acquired by Kuhn Holding.

Kuhn Holding Buys Emco / Picture: © Vindobona.org

The liquidator of the insolvent A-Tec Group has sold Emco to the Salzburg-based Kuhn Holding GmbH. The purchase price for the Emco Maier GmbH is approximately € 25m. Furthermore, Kuhn takes over liabilities so that the transaction has a total volume of € 37.7m, liquidator Matthias Schmidt announced on Tuesday. With regard to granted guarantees, 10% of the purchase price will be…

or Log In

Fast News Search
Related News
Many Applicants in Emco Sale (December 19, 2011)
A-Tec: Investigations Against Kovats (November 19, 2011)
Sale of A-Tec Problematic (November 2, 2011)
A-Tec: Kovats to be Replaced (October 22, 2011)
Penta Bids for A-Tec Again (October 7, 2011)
Read More
ATec, Emco, Insolvencies, Engineering Industry, M & A
Featured
See latest Vindobona Newsletter