Mountain Super Angel AG (Open Market Frankfurt, ISIN:
CH0033050961, www.super-angel.ch) is the first and currently the only listed "Business- Angel-Share". The company now invests as lead-investor together with other renowned investors such as Cleantech Invest AG and with existing investor Sirius Venture Partners in BGI EcoTech AG (ISIN: DE0005203004; Ticker FRA: BGH; www.bgi-ag.de).
Within the scope of this financing, BGI EcoTech AG and Ralos Vetriebs GmbH have agreed on a merger. After the merger the consolidated company will employ 110 workers and will be represented by nearly 10 locations in Germany and 4 other locations in Europe.Delighted with favorable business performance in the first 5 months of 2008, the company plans earnings well into the triple-digit millions range and expects an operating return (EBIT) in the high single to low double-digit millions range.
"Mountain Super Angel continues to diversify its portfolio by investing into BGI EcoTech AG.Due to this investment the company will benefit from the high growth rates of the cleantech sector. Our excellent network will really support the company's international expansion." points out Daniel S. Wenzel, chairman of the board of Mountain Super Angel AG.
CH0033050961, www.super-angel.ch) is the first and currently the only listed "Business- Angel-Share". The company now invests as lead-investor together with other renowned investors such as Cleantech Invest AG and with existing investor Sirius Venture Partners in BGI EcoTech AG (ISIN: DE0005203004; Ticker FRA: BGH; www.bgi-ag.de).
Within the scope of this financing, BGI EcoTech AG and Ralos Vetriebs GmbH have agreed on a merger. After the merger the consolidated company will employ 110 workers and will be represented by nearly 10 locations in Germany and 4 other locations in Europe.Delighted with favorable business performance in the first 5 months of 2008, the company plans earnings well into the triple-digit millions range and expects an operating return (EBIT) in the high single to low double-digit millions range.
"Mountain Super Angel continues to diversify its portfolio by investing into BGI EcoTech AG.Due to this investment the company will benefit from the high growth rates of the cleantech sector. Our excellent network will really support the company's international expansion." points out Daniel S. Wenzel, chairman of the board of Mountain Super Angel AG.
