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Tyrol Equity Takes Over German RSN Sihn

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: © Tirol Werbung

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…

This article includes a total of 116 words.

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