August 2008
tombstone-2008-08-hauck-aufhauser-transaction-104

Disposal of MCE building technology division to YIT Corp (€55m)

Hauck & Aufhäuser Investment Banking advised MCE AG

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Description

Disposal 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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