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M & A

Uniqa Sells German Mannheimer Group

The Austrian insurance company concludes the sale of its majority stake in Mannheimer AG.

April 16, 2012

Gebrüder Weiss Takes Over Spedition Diehl

The Austrian transport and logistics company raises its stake in the German freight forwarder Spedition Diehl to a hundred percent.

April 14, 2012

ÖIAG Offers Resistance to Pecik

The Austrian state holding ÖIAG seems to organize resistance against the new shareholder at Telekom Austria, Ronny Pecik.

April 13, 2012

Wienerberger Builds Firewall Against Hostile Takeover

The Austrian brick producer plans to lower the marginal value for takeover offers to 20%.

April 13, 2012

Frauenthal to Sell Catalyzer Segment

The Austrian supply company intends to sell the “industrial honeycomb” segment with revenues of € 80m and 350 workers.

April 11, 2012

Zielpunkt: „Not for Sale“

The new owner of the Austrian supermarket chain, Jan Satek, says that there are no plans to re-sell Zielpunkt.

April 10, 2012

„Bank Aids Are Lost“

The economist Franz Hahn (WIFO, Austrian Institute of Economic Research) argues that the nationalized banks are not interesting for potential buyers.

April 10, 2012

Steiermärkische Interested in Hypo Group´s Subdidiary

The head of Austrian regional bank Steiermärkische Sparkasse said he was interested in buying some Balkan assets from nationalized lender Hypo Group Alpe Adria, a newspaper reported.

April 3, 2012

Frauenthal Expands into Slovakia

The Austrian conglomerate acquires a Slovak sanitary retailer. The automotive segment recovers, CEO Moser says.

April 2, 2012

Bajaj Increases Stake in KTM

The Indian Investor Rajiv Bajaj now holds a 44.3% share in the Austrian motor-cycle manufacturer.

April 2, 2012

Orange´s CEO: „Takeover by Telekom Austria Is Essential“

According to Michael Krammer, CEO of the third-largest telecommunication service supplier in Austria, Orange is well-financed and healthy. The acquisition of the discount subsidiary by Telekom Austria is “crucial”.

March 31, 2012

Andritz Acquires U.S. Bricmont Inc.

The Austrian technology Group Andritz has acquired Bricmont Inc. from Inductotherm Group. Bricmont is headquartered in Pittsburgh, Pennsylvania, USA, and includes certain assets in China and India.

March 30, 2012

Strong Rise in Sales at Hutchison

The Austrian subsidiary of the Hong Kong-based telecommunication service supplier recorded an increase of 30% in sales.

March 30, 2012

UK Investor Plans Sale of Iglo

The British company should get new owners soon. The consequences for the Austrian subsidiary are unknown yet.

March 27, 2012

Wolong Wants ATB to Become World Market leader

The Chinese Wolong Group, which took over ATB last year due to A-Tec´s insolvency, has big plans for the engine producer.

March 24, 2012

Conwert: Haselsteiner Wants Blocking Minority

The Austrian industrialist, who is CEO of Strabag Group, wants to reach at least a 25% stake at the real estate company. Petrus Advisers is said to exit.

March 23, 2012

Raiffeisen, 3-Banken Reject Comment on Hypo Interest

Raiffeisenlandesbank Carinthia and BKS aren’t interested in Hypo Alpe-Adria-Bank International AG’s Austrian subsidiary.

March 23, 2012

Orange Takeover Threatens to Fail

The takeover of Austria´s third-largest telecommunication service supplier Orange by the Hong Kong-based Hutchison Group may be postponed. Orange´s creditors are increasingly nervous.

March 22, 2012

Strabag Expands in Switzerland

The Swiss subsidiary of Austrian Strabag enters into strategic partnership with BH-Holding AG in Zurich and Zug.

March 22, 2012

Verbund Faces Competition from Russia

The Russian energy group Inter Rao is interested in the Milan-based Sorgenia. Austrian Verbund holds 45% in Sorgenia.

March 20, 2012

Telekom Austria: Pecik Denies Sales Talks

The Austrian investor Ronny Pecik is said to have had sales talks with China Mobile. Pecik reaffirms to remain at Telekom Austria as “long-term investor”.

March 19, 2012

AMAG Appreciates Changes in Shareholder Structure

With B&C Industrieholding, the Austrian aluminum producer got a new major shareholder. RLB Upper Austria widens its share up to 16.44%.

March 19, 2012

Austrian Post Is Said to Expand in Poland

Austrian Post is said to be interested in Polish Kolportaż Rzetelny, Polish media report.

March 19, 2012

Pecik Aims to Become Telekom´s Biggest Shareholder

The second-largest shareholder of Telekom Austria, the investor Ronny Pecik, wants to enlarge his stake further in order to initiate a restructuring.

March 17, 2012

Japanese NTT to Enter Telekom?

Telekom Austria will get a new partner. Newest rumors say that NTT could buy Pecik´s stake. Norwegian Telenor is still interested.

March 16, 2012

30% in AMAG Sold to B&C Industrial Holding

One Equity Partners (OEP), a subsidiary of JP Morgan, sold a major stake in the Austrian aluminum company to B&C Industrial Holding.

March 16, 2012

B&C Holding Interested in 30% AMAG Stake

The industrial holding aims for entering the aluminum producer AMAG. RLB Upper Austria is interested too.

March 15, 2012

Pecik Content to Hold Telekom Stake

The shareholder at Telekom Austria will not sell his stake in the near future. Norwegian Telenor is said to be interested in entering Telekom Austria.

March 15, 2012

Stable Results at Austrian Post

In 2011, Austrian Post could raise revenues by 4.2%. EBIT climbed up by 7.2%. The dividend increases by 6.3% to € 1.70.

March 15, 2012

Haselsteiner Buys 15% Stake in Conwert

Hans-Peter Haselsteiner, CEO of the Austrian construction company Strabag, buys a 15% stake in the Austrian real estate supplier Conwert. The seller is the London-based Petrus Advisers LLP.

March 14, 2012

Raiffeisen Energy & Environment Sells Bulgarian Assets

The subsidiary of the Austrian Raiffeisen Leasing sells Bulgarian wind parks to Lukerg Renew.

March 14, 2012

Ascom Divests its Security Communication Business in Austria

The Swiss IT solution provider sells its subsidiary Ascom Austria Ges.m.b.H. in a management buy-out to the current Managing Director Peter Bernhofer.

March 13, 2012

Canadian Valeant Buys Assets of Gerot Lannach

The Austrian drugmaker Gerot Lannach sells its acetylsalicylic acid business in Russia. The sale price amounts to $ 185m.

March 13, 2012

Red Bull Not Interested in Monster Beverage

Monster Beverage may not be a willing target. Moreover, the Austrian energy drink producer achieves strong organic growth in the U.S.

March 12, 2012

Ghizzoni: „Austrian Bank Tax Is Painful“

The Chief Executive Officer of UniCredit, the holding company of Bank Austria emphasizes not to sell the Austrian subsidiary. The bank tax is “unfair”.

March 10, 2012

Orange Takeover: Hutchison is Optimistic

The Hong Kong-based telecommunication company Hutchison 3 is sure that the takeover of Orange will be approved by the competition authorities. The competitor T-Mobile is not convinced at all.

March 9, 2012

Pecik Unwanted at AMAG

A major shareholding in Austrian AMAG will be sold. Ronny Pecik, who is said to be interested, is not welcome.

March 7, 2012

Hammerer Aims For Growth in Italy

The Austrian aluminum company wants to acquire a site of the U.S. Alcoa in Italy.

March 7, 2012

EVN to Delist Bulgaria Units

Austria's EVN AG plans to delist its two units in Bulgaria just two months after the trade with their shares started on the local stock exchange.

March 7, 2012

Isovoltaic Said to Start Stake Sale After Failed IPO

Isovoltaic AG, an Austrian solar developer, started the sale of a 45 percent stake as it seeks an alternative to last year’s failed initial public offering, according to a person with knowledge of the process.

March 5, 2012

Beyrer Aims For Strategic Investor at Telekom Austria

The head of the state holding ÖIAG and Telekom Austria´s supervisory board believes that Ronny Pecik will not remain as shareholder. A strategic partner is desired.

March 5, 2012

RHI Eyes Serbia’s Magnohrom

RHI, the Austrian maker of fire- proofing ceramics, is interested in Magnohrom, Serbia’s sole basic refractory product manufacturer, Privatization Agency chief Vladislav Cvetkovic said.

March 3, 2012

VBAG to be Acquired by BAWAG?

According to market rumors, the financially stricken VBAG could be taken over by the U.S. investment fund owned Bawag.

March 2, 2012

AMAG´s CEO: “No Contact with Pecik”

The Chief Executive Officer of the Austrian metal company, Gerhard Falch, said he’s not been in contact with investor Ronny Pecik.

March 2, 2012

Saubermacher Leaves Croatia

The Austrian waste treatment acquired a stake in the largest Croatian waste management company. Now, the stake is sold again.

February 29, 2012

Nationalization of VBAG: Austrian State Holds 49%

After Kommunalkredit and Hypo Group, VBAG becomes the third Austrian bank which is publicly owned.

February 28, 2012

Tyrol Equity Takes over Rim Producer BBS

The Austrian industrial hold, owned by Raiffeisen, Hypo Tyrol and Swarovski, acquired the insolvent German rim producer BBS.

February 27, 2012

Hutchinson-Orange Merger: T-Mobile Becomes Impatient

T-Mobile Austria, a subsidiary of Deutsche Telekom puts pressure on the Austrian Competition Authority. The merger must include a number of requirements.

February 25, 2012

Sawiris Aims to Stay in Telekom Austria

The Egyptian investor Naguib Sawiris, the partner of the Austrian investor Ronny Pecik, wants to maintain his engagement in Telekom Austria.

February 24, 2012

Pecik is Said to Enter AMAG

The Austrian investor, who holds a 20% stake in Telekom Austria, seems to be interested in the Austrian aluminum producer AMAG

February 23, 2012
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