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Provider: Reuters Investment Profile
Provider: Wright Reports
Provider: Wright Reports

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Unternehmens Invest AG acquires shareholding in Anger Group

Tuesday, 1 Jul 2014 12:05pm EDT 

Unternehmens Invest AG:Says agreed on acquisition of a 40 pct shareholding of mbi-group Beteiligung GmbH by means of capital increase and financial contribution in amount of 8 million euros.Mbi-group Beteiligung GmbH is owner of ANGER MACHINING GmbH, located in Traun and HPC Produktions GmbH, manufacturer of precision parts for mechanical engineering in Seeboden.ANGER MACHINING GmbH specializes in development and manufacturing of transfer concepts.Says transaction shall be closed by 30 Sept. the latest.In course of transaction ownership was rearranged for the long term. UIAG has the option to increase its shareholding in mbi group to up to 70 pct in 2015.