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Check your internet connection.Pierer Industrie AG further expands position in Leoni AG
Apr 12, 2021
Pierer Industrie AG exceeds 15% of voting rights
Pierer Industrie AG has further expanded its position in Leoni and exceeded 15% of voting rights in Leoni AG.
The strengthening of the position as an anchor shareholder is intended to express that Pierer Industrie supports the course taken by the management of Leoni AG for the development of the company and the focus on wiring systems business. When it comes to future topics, such as digitalization, 5G, electrification, Leoni is represented across the board in full breadth.
About the Pierer Industrie Group
The Pierer Industrie Group is a leading European automotive group with a focus on the production of “Powered-Two Wheelers” and the automotive high-tech components sector. The group currently employs more than 9,000 people worldwide with group sales of around EUR 2.5 billion.
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The payment plan confirmed in the restructuring proceedings (ReO) for Pierer Industrie AG stipulates that the outstanding bonds and promissory note loans, with a total value of EUR 247.5 million, will be repaid by December 31, 2026 and December 31, 2027, respectively. As announced in the ad hoc release as of March 12, 2026, […]
Mar 12, 2026
Pierer Industrie AG: Early repayment of bonds and promissory note loans in the second half of 2026
Pierer Industrie AG: Early repayment of bonds and promissory note loans in the second half of 2026 - The payment plan confirmed in the restructuring proceedings (ReO) for Pierer Industrie AG stipulates […]
Stefan Pierer: Sale of Leoni majority stake (50.1%) to Luxshare completed – important step in strengthening the Pierer Industrie Group Luxshare-ICT acquires majority stake (50.1%) in Leoni All necessary approvals granted by the authorities Operational turnaround of Leoni AG successful Partnership ensures long-term competitiveness of Leoni AG Following the signing of the agreements in […]