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Treibacher Takes Over Austria Email

Published: November 11, 2011; 14:52 · (Vindobona)

The Carinthian company acquires the interest from Buy-Out Central Europe II, raising its stake to 90%.

Treibacher Takes Over Austria Email / Picture: © Austria Email

Treibacher Industrieholding GmbH has acquired a majority stake in Styrian Austria Email AG, a manufacturer of water heaters. The existing shareholding of approximately 40% has been raised to 90%, the remaining shares are free float. The private equity firm Buy-Out Central Europe II AG on Friday accepted Treibacher’s offer for taking over the majority of shares, both companies stated.…

This article includes a total of 148 words.

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