23.08.2020, 1672 Zeichen

Amag: Austrian based Amag Austria Metall AG, supplier of primary aluminum and premium cast and rolled aluminum products, is acquiring a 70 % share of the German company Aircraft Philipp Gruppe (ACP) headquartered in Übersee / Chiemsee. ACP amounts 50 years of experience in the manufacture of assembly-ready metal parts for the aviation and aerospace industry. ACP achieved a revenue of Euro 50 mn in 2019. The mechanical machining and processing of aluminum and titanium represents ACP’s core competence. ACP manufacturing locations are situated in Übersee / Chiemsee and Karlsruhe, Germany with a workforce in excess of 200 employees. Rolf Philipp, the sole owner to date will retain a 30 % of the joint company and will be involved in further strategic developments in the aviation sector. "Based on a stable ownership structure, the aim is to further expand the joint product portfolio and in the future to also make these offerings available to additional sectors and industries,” says Gerald Mayer, CEO of Amag Austria Metall AG.
Amag: weekly performance: -2.92%

Immofinanz: Katrin Gögele-Celeda has been appointed Country Manager Operations for Austria as of August 2020. In her new role, she will oversee Immofinanz‘s local operating business. Her responsibilities include rental strategies, asset management and property management as well as activities to further improve business operations in Austria. The myhive office brand will represent a special focus and receive her active support in placing the latest innovations on the market.
Immofinanz: weekly performance: -2.99%

(From the 21st Austria weekly https://www.boerse-social.com/21staustria (17/08/2020)

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