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Rosenbauer International AG: Rosenbauer International increases stakes in Rosenbauer America
Leonding (pta031/29.04.2022/10:00 UTC+2)
Rosenbauer International AG has increased its stakes in Rosenbauer America LLC as planned. Today, it closed on the purchase of a further 25% of Rosenbauer America LLC from a minority shareholder. This increases its stake in the US sub-group from 50% to 75%. The purchase price has not been disclosed.
Rosenbauer America LLC is the holding company for the Rosenbauer Group's North American business and consolidates the production companies Rosenbauer South-Dakota LLC, Rosenbauer Minnesota LLC, Rosenbauer Motors LLC and Rosenbauer Aerials LLC. When the most recent figures were published, the business volume of Rosenbauer America LLC amounted to € 262.9 million. The North American firefighting market is a strategic future market for the Rosenbauer Group. Despite the COVID-19 pandemic, it has been in very good shape in 2021. The procurement volumes are likely to have risen to over 6,000 vehicles in the previous year, making North America clearly the world's largest firefighting market.
Rosenbauer sees in this increase in stakes a strategic opportunity to further expand business in this region and to integrate the US sub-group even stronger.
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Emitter: |
Rosenbauer International AG Paschinger Straße 90 4060 Leonding Austria |
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Contact Person: | Tiemon Kiesenhofer, MBA | |
Phone: | +43 732 6794-568 | |
E-Mail: | tiemon.kiesenhofer@rosenbauer.com | |
Website: | www.rosenbauer.com | |
ISIN(s): | AT0000922554 (Share) | |
Stock Exchange(s): | Vienna Stock Exchange (Official Trade); Free Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate |