Pierer and Mateschitz join fire department supplier Rosenbauer

Upper Austrian fire brigade supplier Rosenbauer There is an already whispered entry from Stephen Bear, Mark Matschitz As well as the Raiffeisenlandesbank Upper Austria (RLB OÖ) About the capital increase confirmed on Thursday.

Robau Beteiligungsverwaltung GmbH, responsible for the investors, 3.4 million shares The group will be delivered by the end of the year, Rosenbauer said in a statement. Total purchase price 119 million Euros Rumor has it, it matches 35 euros per share. After buying Robau shares 33 percent Company shares.

Austrian solution

More recently, Czech has also changed Tatra group Rosenbauer expressed interest in joining. However, the Austrian settlement prevailed. With the capital increase and issuance of new shares decided in May, it will be fully taken over by Robau. The Rosenbauer Family Most firefighting equipment suppliers lose. Their share has been diluted from the previous 51 percent Almost a third.

die Rosenbauer Beteiligungsverwaltung GmbH (BVG)Represents shares 26 family members According to the company statement, it will be associated with the company as a significant major shareholder.

In great debt

Background to the transaction, which is still subject to official approvals Economic difficulties. Rosenbauer suffers from a heavy debt load; 428 million Euros.

Pierre, head of the Upper Austrian Industrial Association, recently founded his own company with Red Bull successor Matschitz, in which 67 percent of Robau’s shares are collected: PiMa Beteiligungsverwaltung GmbH. Remaining shares Robot keep Raiffeisen Beteiligungsholding GmbH (20 percent) As well as the Investment Unternehmens Beteiligungs AG (13 percent).

The investment underscores Rosenbauer’s confidence in its long-term prospects and growth potential, Pierer was quoted as saying in the release. Market watchers believe that Robau is aiming for a majority share in fire equipment distribution and will not be satisfied with a minority share.

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Black numbers

Last year, Rosenbauer was back in black. There was profit 1.2 million euros, after a loss of 22.3 million euros the previous year, the company announced in April. Operating result (EBIT) also increased 37.5 million Euros Back in the black in 2022 after a loss of 10.6 million euros.

Rosenbauer shares were listed on the Vienna Stock Exchange on Thursday afternoon after Robau’s entry was announced. 34,80 Euro.

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