Penta Bids for A-Tec Again

Companies › Technology ♦ Published: October 7, 2011; 16:21 ♦ (Vindobona)

The Czech-Slovak group is still interested in an acquisition of the insolvent Austrian conglomerate and has now submitted a new offer.

Penta Bids for A-Tec Again / Picture: © A-Tec

Penta Investments aims to buy separate parts of A-Tec Industries after negotiations about a takeover had failed last week. The Czech-Slovak investment group has submitted an indicative offer for A-Tec’s three divisions (ATB, Emco, Brixlegg) as well as a separate offer for the engineering company ATB. Penta said it was willing to conclude an agreement very quickly.

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