Altor Funds to acquire 80% stake in Kommunalkredit
Altor Funds has confirmed the acquisition of an 80% stake in Kommunalkredit Austria AG.
With this step, Private Equity investor Altor enters a partnership with the existing owners and the management of the bank. Altor will provide Kommunalkredit with additional cash to help it maintain its growth trajectory and advance toward being the premier platform for sustainable infrastructure in Europe. Interritus, Trinity Investment Management, and the Austrian Association of Municipalities, the current long-term-focused shareholders, will continue to hold minority stakes.
Through their investments and involvement in green infrastructure and energy projects across Europe, Kommunalkredit and Altor have developed substantial competence in green transition financing.
Country updates
-
-
September 29, 2022
IFM increases offer for acquisition of up to 9.99% shares of Flughafen Wien
Airports Group Europe, an indirect subsidiary of IFM Global Infrastructure Fund (IFM GIF), has announced an increase in the offer price and other adjustments to acquire up to approximately 9.99%...
Read more -
September 19, 2022
Berger Logistik acquires Super T Transport in Idaho
The transport and logistics company Berger Logistik has acquired freight forwarding company Super T Transport Inc. in Idaho Falls, USA. With the acquisition of Super T Transport, Berger Log...
Read more -
August 24, 2022
Meridiam and Magenta Telekom partner for fibre roll-out in Austria
Meridiam has announced partnership with Magenta Telekom, a subsidiary of Deutsche Telekom AG, to extensively deploy fibre across Austria. With this partnership, both partners plan to invest more than...
Read more -
June 15, 2022
Cordiant signs agreement for EUR200 million Eurobonds
Cordiant Digital Infrastructure Limited has announced the signing of a EUR200 million (US$209.07 million) Eurobond facility (Eurobonds). The Facility provides capital to finance new acquisitions from...
Read more -
January 21, 2022
RFP launched for EU-Catalyst Partnership
Breakthrough Energy and European Investment Bank have launched a request for proposal (RFP) seeking interest from private companies to implement emerging climate technology projects across t...
Read more
