Austria Email AG has a new owner

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02 December 2011

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The share majority in Austria Email AG in Knittelfeld is acquired by Treibacher Industrieholding GmbH. In doing so, they increase their previous minority holding from 40% to 90%. The remaining shares remain in free float.
Treibacher Industrieholding's offer to purchase the share majority of the private equity business Buy-Out Central Europe II AG was accepted on 11.11.2011. The passage of title is now merely subject to the legally required antitrust law proviso. With the new majority shareholder, the long-established business Austria Email, Austria's oldest listed company, now gain a solid and long-term oriented shareholder base. The successful corporate strategy is consistently continued in the directions of product quality, innovation and expansion into export markets by the established management.
For the current fiscal year 2011, sales growth seems to have settled in at 8% with over EUR 60 million, a positive result situation. The board of directors, the supervisory board and employees alike welcome the owner's decision that promises market continuity, long-term commitment and an investment boost to secure and expand the quality leadership of Austria Email.

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