A recent notice received by Unternehmens Invest AG (UIAG), pursuant to Austrian law, indicates that swisspartners Versicherung AG has reduced its holding in the Austrian private equity company. The notice references two transactions which caused the 5% threshold for voting rights to be exceeded. The first transaction, dated in February of last year, shows swisspartners [...]

Austria’s Varioform PET Verpackagung has a new owner after Gerot Lannach Group purchased 100% of the company from co-owners Unternehmens Invest AG (UIAG) and Oberbank. UIAG has been a Varioform shareholder since initially investing in 2007. At the time of the sale to Gerot Lannach, UIAG was the majority owner with a 75.1% share. Gerot [...]

Buy-Out Central Europe II Beteiligungs-Invest AG (BCE) has acquired a majority stake in Austrian manufacturer, Austria Email, from UIAG. The deal gives BCE a 63.4% stake at a price of almost €21 million while the remaining shares are split between B&C Holding GmbH (20.6%) and free float (16%). Though the agreement has been finalized between [...]

Unternehmens Invest AG (UIAG), the industrial holding company of Austria’s Cross Industries AG, was preparing for a takeover by fellow Austrian private equity firm Buy-Out Central Europe since an announcement of the proposed deal was made last month. The deal is now off as UIAG has been informed that Buy-Out Central Europe is backing out. [...]

Private equity firm Buy-Out Central Europe has entered an agreement with Cross Industries AG to purchase the majority stake Cross holds in Unternehmens Invest AG (UIAG). The two Austrian companies agreed on the deal earlier in the month which should result in Buy-Out Central announcing a take over bid to UIG shareholders in the near [...]

A consortium of investors may acquire pharmaceuticals unit OAO Veropharm from the OAO Pharmacy Chain 36.6. Russia’s largest drugs retailer may get USD 230 million for a 52 percent stake in its subsidiary. Unidentified investment bankers have reported that Russia Partners Management LLC, Siguler Guff & Co. LLC, Capital Growth Asset Management, Invest AG, Stada [...]