August 2008

Disposal of MCE building technology division to YIT Corp (€55m)
Hauck & Aufhäuser Investment Banking advised MCE AG


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DescriptionDisposal of MCE building technology division to YIT Corp (€55m)
Sector(s) : Building Materials & Construction
Date : August 2008
Advisor(s) : Hauck & Aufhäuser
Advised : Sell Side
Mid-Capital partner Hauck & Aufhäuser Investment Banking advised MCE AG
YIT Corporation, the listed Finish Company that provides construction and maintenance services, acquired MCE Stangl GmbH, the German company that constructs and installs building technology, from MCE AG, the Austria based manufacturer of industrial plants, buildings and infrastructures, for a consideration of €55m.
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