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The Robau consortium, led by KTM founder Stefan Pierer, Red Bull heir Mark Mateschitz, and Raiffeisen Oberösterreich, has made a mandatory offer for all shares of fire-fighting vehicle manufacturer Rosenbauer at 35 euros per share. The consortium aims to acquire a 50.1 percent stake, ensuring a dominant majority, with the acceptance period running until February 14, 2025. Approval from Saudi Arabia, the UAE, and Kuwait is still pending for the acquisition via a capital increase, expected soon.
KTM boss Stefan Pierer, alongside Red Bull heir Mark Mateschitz and Raiffeisen Oberösterreich, is nearing the completion of the Rosenbauer takeover, acquiring 50.1% of shares. While competition authority approvals are pending in four Arab countries, a public anticipatory mandatory offer at EUR 35 per share is set for January 2025.
Reinhard Schwendtbauer will succeed Heinrich Schaller as CEO of Raiffeisen Landesbank Oberösterreich on May 1, following a decision by the Supervisory Board. Schwendtbauer, a board member since 2012 and CFO, has streamlined the bank's investment portfolio significantly during his tenure. The transition marks a new chapter for the bank, with Schwendtbauer's extensive experience expected to address future challenges effectively.
Rosenbauer International AG
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Robau consortium offers to acquire majority stake in Rosenbauer
12:53 17.01.2025
Rosenbauer Takeover Nears Completion Amid Regulatory Approvals and Shareholder Offer
Euro
Raiffeisen-Osteuropa-Rent
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10:53 16.12.2024
Reinhard Schwendtbauer Appointed CEO of Raiffeisen Oberösterreich Starting May 1
voestalpine AG
Rosenbauer International AG
AUT
Reinhard Schwendtbauer
Heinrich Schaller
Volkmar Angermeier
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01:00 13.12.2024
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