119 million euros for Rosenbauer: Pierer, Mateschitz and Raiffeisen join the fire service equipment supplier

119 million euros for Rosenbauer: Pierer, Mateschitz and Raiffeisen join the fire service equipment supplier

The result turned positive in 2023, but the banks also want to see a higher equity ratio.
Stefan Pierer
Mark Mateschitz

The listed fire service equipment manufacturer Rosenbauer, which recently ran into problems, is getting a new major shareholder this year: the company Robau, behind which are KTM boss and industrial president Stefan Pierer, Red Bull heir Mark Mateschitz and two companies of Raiffeisen Oberösterreich (Beteiligungsholding and Invest AG).

As part of the capital increase decided in mid-May, Robau will take over all 3.4 million newly issued shares. This is 33 percent of all shares. Robau will pay 35 euros per share – a total of 119 million euros. The share price of the existing shares was 34.50 euros today, shortly before Robau’s entry was announced. In April, it was still around 28 euros. It is suspected that Robau could ultimately grab a majority stake in Rosenbauer.

Stefan Pierer
Image: IV OÖ/Pelzl

“}”>

Stefan Pierer
Image: IV OÖ/Pelzl

Source: Nachrichten

Leave a Reply

Your email address will not be published. Required fields are marked *

Latest Posts