Business - n.a.

Pfeiffer Group Gets In Zielpunkt

Published: May 1, 2012; 20:00 · (Vindobona)

The Austrian wholesale trader acquires a 24.9% stake in the retail chain Zielpunkt. The cartel authorities still must approve the deal.

Pfeiffer Group Gets In Zielpunkt / Picture: © Zielpunkt

In January, the German national Jan Satek took over Zielpunkt. For Satek, the MBO was a “logical step”. The Austrian supermarket discounter was sold by the Luxemburg-based financial investor BluO-Group. The Group acquired Zielpunkt in 2008 from the German Tengelmann Group. Zielpunkt supermarket chain is loss-making since several years.

Now, Satek has a new partner. The…

This article includes a total of 163 words.

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Pfeiffer Group Gets In Zielpunkt

The Austrian wholesale trader acquires a 24.9% stake in the retail chain Zielpunkt. The cartel authorities still must approve the deal.

Join us to succeed in Vienna!
Sign up to read articles for free and to get personalized updates on the events that interest you.