Breaking News: Steyr Sold?

Discussion in 'Industry News' started by AMX, Jan 30, 2007.

  1. AMX

    AMX New Member

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    Only one source, though.
    Article in German

    Summary:
    -Fürlinger sold S-M to one Franz Holzschuh, a management consultant and hunter, who is backed by unnamed investors (according to Holzschuh, they're all hunters); he's known as "the man who brought Starbucks to Austria".
    -Turnover in 2006 was 11 mio. €
    -in 2005, losses carried forward caused a net loss of 8 mio € despite normal business running a profit
    -Holzschuh wants to maintain the local site.
    -no word about the product palette or overseas business.
     
  2. I found this on Lexis-Nexis:

    APA-Economic News Service (APA-ENS)
    29 January 2007 Monday 6:48:43 PM (Central European Time)
    LENGTH: 132 words
    HEADLINE: Austrian Steyr Mannlicher Sold to Franz Holzschuh
    DATELINE: Linz
    BODY:
    Wolfgang Fuerlinger, owner of Austrian firearm producer Steyr Mannlicher, has sold the company to management consultant Franz Holzschuh, it was reported on January 29, 2007. The 150-year old Steyr Mannlicher has 100 employees and generated about 11 mln euro ($14.2 mln) turnover in 2006. It has branches in the United States and Malaysia. Steyr Mannlicher produces hunting and sporting weapons under the brand Mannlicher and weapons for law enforcement under Steyr Arms.

    Holzschuh has been active in international industry and trade. He was also responsible for the introduction of U.S. coffee shop chain Starbucks in Austria. The new owner of Steyr Mannlicher said the Austrian headquarters would be retained. Fuerlinger will withdraw from the company, but will be at disposal as a consultant.

    LOAD-DATE: 29 January 2007
     

  3. Slunglo

    Slunglo Guest

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    Translation

    Steyr Mannlicher again sells STEYR. The weapon producer Steyr Mannlicher from Kleinraming has a new owner. Wolfgang Fürlinger (43) sold his company at the management consultant and hunter Franz Holzschuh. This does not have investors mentioned in the boat. “All hunter”, so the new boss. 100 coworkers employ and made 150 years old tradition enterprises in the past year a conversion of eleven million euro. From the firm book it is evident that the weapon specialist exhibited a balance loss due to old losses brought forward from previous account 2005 eight million euro. The result of the usual business activity is positive. There are addresses in the USA and in Malaysia. Under the mark “Mannlicher” are produced hunt and sporting guns, under “Steyr of arm” of rifles and hand-held weapons. Principal clients for the precision weapons are police units and groups of anti-terror, for example the “Cobra”. Holzschuh was so far in management positions in the international industry and in the trade active. The 52-Jährige brought the coffee house chain “Starbucks” to Austria. “We want to receive the domestic location. For many decades we have coworkers most qualified here”, say Holzschuh. Fürlinger withdraws itself, becomes however as an advisor the order.
     
  4. Zundfolge

    Zundfolge Member

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    EDIT Oh ... didn't see this had already been posted

    Here's the original article (mangled by Google translator)




    So the guy who bought it brought Starbucks to Austria ... I bet he will be more willing to listen to us about what the US market wants!
     
  5. MrApathy

    MrApathy Active Member

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    hello AMX long since ya posted. thanks for the article contribution.
    [​IMG]
     
  6. Hmm,

    I hope the new owner does more than consults as he sounds like he has both a love for firearms and good head for business.

    We need someone with vision who can take Steyr Mannlicher to the level it should be at.
     
  7. madecov

    madecov Active Member

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    It may be good if he's a firearm's enthusiast. Right now Steyr is run by a bunch of bean counters who have no idea on how to grow and market the company
     
  8. Ripped

    Ripped Guest

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    if the new owner got starbucks up and running he is obviously a knowledgeable buisnesman. Let see how well he can Deal with a worldwide market that comes pretty close to the second largest commodity in the world.. "that is coffee second in line to petroleum" Sadly to say im thinking Firearms and the like are third or fourth in the commodity world.. Smart man if ya ask me.. Good Buy... best of luck to the new owner. as im Sure he will or has been peeking around our site. :)
     
  9. SELFDEFENSE

    SELFDEFENSE Premium Member

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    I'll have a latte and an S9
     
  10. Ripped

    Ripped Guest

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    I prefer a triple expresso and a few AUGS.. :)
     
  11. bigtaco

    bigtaco Active Member

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    i'll brew my own s40-a1's if they'll send me the drawings!!!
     
  12. Thunderbear

    Thunderbear Member

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    I'm thinking of trading slide/barrels with someone with an older S40, so I can have the first S40A1.. :lol:

    Not really, but I do like .40 over 9mm.

    9mm prices are hard to top, though, so I'm undecided about what to do.
     
  13. SELFDEFENSE

    SELFDEFENSE Premium Member

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  14. Cohiba

    Cohiba Guest

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  15. FightDesigner

    FightDesigner Member

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    Being from Seattle... I do actually know a shop with a sign out front reading 'Guns & Espresso'.