03/11/2012

Business news : Several prospective for Lowa

The Tecnica Group wants to sell his shares in the outdoor Schuster Lowa, if an adequate view of the Executive Committee may be obtained Lowa CEO Werner Riethmann said sport + mode. According Riethmann there are several interested parties for the 60 percent of Lowa shares that are owned by Tecnica.

"A part of the potential buyers are companies in the industry, while others are investment companies," explains the Lowa manager.

Generally, it is desirable that Lowa have an owner who is interested in the long term in the mark. "This can also be an investment company," explained Riethmann.

With the sale of the U.S. firm Davidson Investment Advisors was commissioned. The Lowa boss reckons that a possible sale will not happen before next January on the stage. "It could happen in time for the ISPO-date around - if the offer meets the expectations of the management Tecnica mind," says Riethmann.

( Source www.spomo.de )

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