Through its acquisition of the RÖDER Group, the RAG Foundation is continuing to diversify its investment portfolio. At the end of September the foundation, acting through its public and private equity fund Maxburg KG, bought shares in zooplus, an online specialist retailer of pet products. In October it acquired the majority of the shares in HAHN Automation through RAG Foundation Investment Company (see press releases dated 19 September 2014 and 7 October 2014). Dr Helmut Linssen, the CFO of the RAG Foundation, said, ‘Our previously announced plan to expand our shares in leading medium-sized companies continues to make good progress. Through the acquisition of RÖDER, RAG-Stiftung Investment Company is investing for the first time in the growth segment of services in the area of mobile infrastructure.’
RÖDER Zeltsysteme und Service AG is one of the world’s biggest providers of mobile space solutions. In 2013 it had more than 500 employees and posted turnover of approximately €80 million. Its services area has long been an important pillar of the company in the still-growing segment constituted by the event trade fair industry, among others. The company also has good growth prospects in the areas of industrial infrastructure and environmental protection. Rüdiger Blasius, former CEO of RÖDER Zeltsysteme und Service AG, said, ‘In view of our ambitious growth targets, we are delighted to have a partner with a long-term commitment such as the RAG Foundation Investment Company at our side.’
The present management of the RÖDER Group will continue to head the company. The RAG Foundation Investment Company will support the company as a mentor and consultant.