CROSS Holding AG
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The data below are a snapshot taken at the time of the initial public offering and are not
updated regularly. For current information on a company, please go to
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| ISI-Nummer: | AT0000645403 | ||||
| Symbol: | CRO | ||||
| Trading Segment: | semi-official market | ||||
| Market segment: | standard market auction | ||||
| First day of trading: | December 12, 2003 | ||||
| Offered shares: | up to 1,400,000 common stocks | ||||
| Category: | par-value bearer shares | ||||
| Number of shares (before IPO): | 3,000,000 | ||||
| Share capital (before IPO): | EUR 3,000,000.-- | ||||
| Offering period: | from November 25, 2003 until December 2, 2003 | ||||
| Offer price: | EUR 25.00 | ||||
| Lead Manager: | Raiffeisen Centrobank AG | ||||
| Management Board: | DI Stefan Pierer
Dr. Rudolf Knünz |
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| Supervisory Board: | Karl Pierer
Dr. Manfred De Bock Dr. Ernst Chalupsky Martin P. Egli |
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| Shareholder structure (before IPO): |
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| Address: | CROSS Holding AG
Bauernstraße 9 /WDZ III A-4600 Wels Tel.: (+43)-7242-69402 |
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| Internet: | http://www.cross-ag.com/ | ||||
| Company profile: |
CROSS Holding AG was found in 1990. It is the parent company of the CROSS group. Through its subsidiary, CROSS Motorcyclebeteiligungs GmbH, it has a stake of about 38 % in the KTM Group GmbH. The company predominantly makes Venture Capital available for small and middle enterprises in Austria, Germany and Switzerland, in order to gain thereby long-term capital gains for their shareholders. The emphasis of the investment strategy is on the acquisition of enterprises ("Buy out") by the acquisition of a controlling stake or at least a substantial influence on the management. The company concentrates on such enterprises, which offer the clearance for strategic positioning as well as the infrastructure for expansion. During the implementation of its investment strategy it utilizes the financial and business expertise of their present members of the board and its network at high-level personnel from the economy, who function as managers, without being appointed to the acting organs (managing director). The employment of these persons is extended by their order as members of the supervisory board of the enterprises invested. Beyond that the CROSS Holding AG decides substantially upon the composition of the highest management as well as the appointment of the enterprise strategy and politics along and examines regularly possible exit strategies for the realization of the investments. |