Raiffeisen/Invest AG buys Salzburg semiconductor company
An Austrian-Bavarian consortium takes over the Salzburg company Pichler & Strobl (P&S) from the HÖR Technologie Gruppe in Germany. The Upper Austrian investment brings a high-tech contract manufacturer to the area
half of the semi-conductor, aerospace and display industries are again in Austrian hands. Invest AG (43%), BayBG Bayerische Beteiligungsgesellschaft (25%), Wohlfart
Beteiligungs GmbH (25%) and CR Management und Investment GmbH (7%) jointly acquire Pichler & Strobl GmbH, Invest AG announced in a press release.
The contracts have already been signed. The planned transaction is subject to the closing conditions and approvals
the cartel authorities in Austria and Germany. “Through the Austrian-Bavarian consortium of investors, the growth of Pichler & Strobl
be further advanced to meet increasing demand in the semiconductor industry in Europe. With this we are taking another strategic step not only to maintain Austria as a business location, but also to strengthen it in the long term,” says Gernot Hofer, CEO of Invest AG. The aim is to further expand the supply chains of the semiconductor industry in Europe, which are very often interrupted worldwide and result in long delivery times and high prices. We want to expand capacity here.
The Raiffeisen Invest Private Equity Group of the Raiffeisen Banking Group in Upper Austria, Styria and Salzburg has an aggregated fund volume of around EUR 500 million and has so far invested EUR 600 million in around 170 companies.