AUSTRIA - Tyrol Equity acquires 27% of Eisbär Sport

The stake is being sold because the fund, which constitute the investment are of several Austrian banks, has reached the end of its lifespan. Eisbär is 40% owned by Linzer Invest AG, another bank investment arm.

The new investors plan to support the current strategy of the company, which is said to be performing well due to a strong brand and unaffected by the economic crisis.

Eisbär manufactures sports wear in Feldkirchen/Donau, where it employs around 85 people. The turnover of the company is around EUR 10m in the year to June 2009.

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• Topics
• Expansion
• DACH