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21st Austria weekly - Signa Sports United, Andritz, RHI Magnesita, Rosenbauer (11/06/2021)

13.06.2021

Andritz: International technology Group Andirzt has received a repeat order from Zhejiang Saintyear Textile Co., Ltd., based in China, to supply a second, complete neXline spunlace line for the production of premium-quality nonwoven roll goods. The line is scheduled for start-up during the third quarter of 2022. No later than nine months after placing a first order for a complete high-speed spunlace line, Zhejiang Saintyear Textile has decided to rely on Andritz once again by purchasing another complete line dedicated to the production of first-class wipes. The production capacity will be up to 2,800 kg/h for lightweight fabrics.´
Andritz: weekly performance: 0.21%

Signa Sports: Signa Sports United has entered into a business combination agreement with Yucaipa Acquisition Corporation, a publicly-traded special purpose acquisition company. The combination also includes the acquisition of the WiggleCRC Group, one of the largest online bike retailers globally, currently owned by Bridgepoint. The combined entity will become one of the largest pure-play sports e-commerce and technology platform company, with expected net revenues of approximately $1.6 billion in the financial year ending in September 2021, serving over 7 million active customers, 1,000+ brand partners, 500+ connected retail stores, and more than 15 million sports community users globally. "We're proud and excited by this next chapter in SSU's growth story. Becoming a listed company allows us to continue capturing market share in Europe and to accelerate our U.S. and international expansion while scaling our platform solutions," said Stephan Zoll, CEO of SSU. "We also look forward to welcoming WiggleCRC to our SSU family. The acquisition enhances our global online leadership especially in the bike category. Our focus on growth and internationalization coupled with our platform approach drives significant scale benefits."

RHI Magnesita: During the Company’s Annual General Meeting on June 10, 2021, Janice ‘Jann’ Brown, Marie-Hélène Ametsreiter and Sigalia Heifetz, CPA, were elected to refractory company RHI Magnesita’s Board of Directors by the shareholders. The appointments lift RHI Magnesita’s proportion of female directors to 38% (2020 = 25%).
RHI Magnesita: weekly performance: -4.44%

Rosenbauer: The Supervisory Board of Rosenbauer International AG extended the contract of CEO Dieter Siegel early by another term of five years. The Supervisory Board thanks Dieter Siegel for the Group's successful strategic realignment through measures such as establishing a market-centric area organization and making a move into the electric mobility market, which is equipping the Group to deal with the challenges that lie ahead. The Group's revenues hit the Eur 1 billion mark for the first time ever last year. Dieter Siegel has been working for the Rosenbauer Group since 2009, and assumed the top job as CEO in 2011.
Rosenbauer: weekly performance: -1.15%

(From the 21st Austria weekly https://www.boerse-social.com/21staustria (11/06/2021)


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21st Austria weekly - Signa Sports United, Andritz, RHI Magnesita, Rosenbauer (11/06/2021)


13.06.2021, 3031 Zeichen



Andritz: International technology Group Andirzt has received a repeat order from Zhejiang Saintyear Textile Co., Ltd., based in China, to supply a second, complete neXline spunlace line for the production of premium-quality nonwoven roll goods. The line is scheduled for start-up during the third quarter of 2022. No later than nine months after placing a first order for a complete high-speed spunlace line, Zhejiang Saintyear Textile has decided to rely on Andritz once again by purchasing another complete line dedicated to the production of first-class wipes. The production capacity will be up to 2,800 kg/h for lightweight fabrics.´
Andritz: weekly performance: 0.21%

Signa Sports: Signa Sports United has entered into a business combination agreement with Yucaipa Acquisition Corporation, a publicly-traded special purpose acquisition company. The combination also includes the acquisition of the WiggleCRC Group, one of the largest online bike retailers globally, currently owned by Bridgepoint. The combined entity will become one of the largest pure-play sports e-commerce and technology platform company, with expected net revenues of approximately $1.6 billion in the financial year ending in September 2021, serving over 7 million active customers, 1,000+ brand partners, 500+ connected retail stores, and more than 15 million sports community users globally. "We're proud and excited by this next chapter in SSU's growth story. Becoming a listed company allows us to continue capturing market share in Europe and to accelerate our U.S. and international expansion while scaling our platform solutions," said Stephan Zoll, CEO of SSU. "We also look forward to welcoming WiggleCRC to our SSU family. The acquisition enhances our global online leadership especially in the bike category. Our focus on growth and internationalization coupled with our platform approach drives significant scale benefits."

RHI Magnesita: During the Company’s Annual General Meeting on June 10, 2021, Janice ‘Jann’ Brown, Marie-Hélène Ametsreiter and Sigalia Heifetz, CPA, were elected to refractory company RHI Magnesita’s Board of Directors by the shareholders. The appointments lift RHI Magnesita’s proportion of female directors to 38% (2020 = 25%).
RHI Magnesita: weekly performance: -4.44%

Rosenbauer: The Supervisory Board of Rosenbauer International AG extended the contract of CEO Dieter Siegel early by another term of five years. The Supervisory Board thanks Dieter Siegel for the Group's successful strategic realignment through measures such as establishing a market-centric area organization and making a move into the electric mobility market, which is equipping the Group to deal with the challenges that lie ahead. The Group's revenues hit the Eur 1 billion mark for the first time ever last year. Dieter Siegel has been working for the Rosenbauer Group since 2009, and assumed the top job as CEO in 2011.
Rosenbauer: weekly performance: -1.15%

(From the 21st Austria weekly https://www.boerse-social.com/21staustria (11/06/2021)



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