19
Thu, Sep
29 New Articles

Binder Grosswang Represents mbi-group Beteiligung in UIAG Acquisition

anger-machining.com

Austria
Typography

Binder Grosswang has advised the mbi-group Beteiligung GmbH ("mbi") -- the international mechanical engineering company, and owner of Anger Machining and HPC Produktions -- on its sale of 40% shareholding to Unternehmens Invest AG (UIAG).

UIAG's acquisition was made by means of a capital increase and financial contribution in the amount of EUR 8 million.  As a result of the acquisition, current mbi owners Klaus Dirnberger und Dietmar Bahn are joined by a new strategic partner.  Signing took place on July 1, 2014, and the transaction is expected to close by September 30, 2014.

UIAG, Dirnberger, and Bahn plan to further expand the group of companies over the next few years. In the course of the transaction ownership was rearranged for the long term. UIAG has the option to increase its shareholding in mbi to up to 70% in 2015.   

The Binder Grosswang team consisted of Partner Florian Khol and Associate Hemma Parsche.

 

 

Our Latest Issue