◂ Announcements

Dec 15, 2020ACQUISITIONLaakirchen, Austria

MATE GmbH acquires 30% stake in System7 Railholding

MATE GmbH, part of the AFW Group and parent of Linsinger Maschinenbau, has acquired a 30% stake in System7 Railholding GmbH. The Austrian Federal Competition Authority approved the deal.

Status

Announced

Productsrailway technologytrack systemsrail milling trains

CompaniesMATE GmbH acquirer System7 Railholding GmbH target INVEST AG investor

Sectors#Industrial Machinery

“Wir werden in zahlreichen Bereichen Synergien heben können, nicht zuletzt durch das internationale Vertriebsnetz von Linsinger.”s7-rail.com

2 sources
s7-rail.comLinsinger-Holding steigt bei system7 ein - System7MartinDec 15, 2020
s7-rail.comLinsinger-Holding becomes shareholder of System7 Rail Holding - S7 RailMartinDec 15, 2020

Summarized from public sources; check the original articles before acting on it.

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