Leonding (pta005/23.06.2022/07:00) - Rosenbauer International AG also buys the remaining 25 percent minority stake of General Safety Equipment Corp. in Rosenbauer America. The former joint US holding company is thus taken over in full. The closing is planned for the end of the month. The purchase price has not been disclosed.
Rosenbauer America LLC is the holding company for the Rosenbauer Group's North American business and consolidates the production companies Rosenbauer South-Dakota LLC, Rosenbauer Minnesota LLC, Rosenbauer Motors LLC and Rosenbauer Aerials LLC. When the most recent figures were published, the business volume of Rosenbauer America LLC amounted to € 262.9 million. The North American firefighting market is a strategic future market for the Rosenbauer Group. Despite the COVID-19 pandemic, it has been in very good shape in 2021. The procurement volumes are likely to have risen to over 6,000 vehicles in the previous year, making North America clearly the world's largest firefighting market.
Rosenbauer sees the takeover of the company as a strategic opportunity to further expand business in this region and to integrate the US sub-group even stronger.(end)
|emitter:||Rosenbauer International AG|
Paschinger Straße 90
|contact person:||Tiemon Kiesenhofer, MBA|
|phone:||+43 732 6794-568|
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