Trenkwalder to Be Taken Public by New Owner

Business › n.a. ♦ Published: August 16, 2011; 15:26 ♦ (Vindobona)

The new German majority owner of the Austrian personnel leasing company is planning an IPO in Vienna or Frankfurt.

Trenkwalder to Be Taken Public by New Owner / Picture: © Trenkwalder

On 12 August, the German consulting and investment house Droege International acquired a majority stake in Trenkwalder, Austria’s largest personnel service provider, after the corresponding contract had already been signed in April. The purchase price for the stake of “more than 75%” has not been disclosed.

Trenkwalder’s new owner is currently elaborating plans for an IPO…

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