Tyrol Equity Takes Over German RSN Sihn

IndustrialsAutomotive ♦ Published: January 2, 2012; 18:39 ♦ (Vindobona)

The Austrian investment company acquired 50.1% in the German automotive supplier company RSN Sihn.

Tyrol Equity Takes Over German RSN Sihn / Picture: © Wikimedia Commons / Dnalor 01 / CC BY-SA 3.0 AT (https://creativecommons.org/licenses/by-sa/3.0/at/deed.en)

Tyrol Equity acquired 50.1% of the German RSN Sihn´s shares. The company, which is based in BadenWürttemberg, employs about 500 workers. The other shares are held by the investor Udo Wendland and Sihn´s management.

Sihn had to restructure its activities. In the year 2009, which was massively influenced by the economic crisis, revenues fell from € 42.2m to € 23.5m. The…