Acquisition of Hali and Svoboda approved

The competition authorities in Austria have completed the investigation into the acquisition of office furniture manufacturers Hali and Svoboda by Bene and Neudörfler and see no objection to the formation of a new major player on the European office furniture…

Austrian Competition Authority needs extra two weeks for the Hali/Svoboda acquisition

The Austrian competition authority needs two additional weeks to assess the takeover of Hali and Svoboda by the Bene and Neudörfler consortium. In a message on its website, the authority writes that in the past four weeks information has been…

Bene and Neudörfler acquire Hali and Svoboda

The investment company BGO, led by Erhard Grossnigg and former Minister Martin Bartenstein, has bought the Austrian office furniture manufacturer Hali. In addition, the company has taken an option on all shares of Svoboda declared bankrupt last week. BGO already…

Austrian Office Furniture Manufacturer Svoboda files for bankruptcy

The Austrian office furniture specialist Svoboda has filed for bankruptcy. In spite of this, the current owner Christoph Königslehner is confident that the company still has a future in remediated form. According to Königslehner, there were already talks with an…

New management team at Austrian Neudoerfler

The Austrian office furniture manufacturer Neudoerfler has appointed Heidi Adelwöhrer as the new CEO and CFO. Most recently, Adelwöhrer was CFO of the Austrian Domoferm group of companies, now a member of the US Jeld-Wen Group, a manufacturer of steel…

Neudörfler increased sales to 49 million euros

The Austrian office furniture manufacturer Neudoerfler Office Systems increased its sales in the 2017 financial year by 12.4% to € 49 million. The rate of increase was twice as high as in the previous year. In 2016, the company had…

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