Menzi Muck Group posts good figures
At CHF 5.4 million, the Menzi Muck Group (formerly Rheintal Assets) posted a good annual result for 2015. As announced, the Rheintal-based industrial holding company has adjusted its investment portfolio. The focus is on majority holdings in successful companies, which the Board of Directors is actively involved in shaping, as well as financial investments.
The investment in Rivag Rheintal AG, which can look back on a good financial year, has been greatly expanded. The Menzi Muck Group now holds a 98.8 % stake in the Kriessner real estate company, which aims to generate CHF 30-40 million in construction volume over the next few years. The strong Swiss franc and the lack of planning capability had challenged some of the industrial group's holdings, while others had benefited from the long period of low interest rates: Thanks to the flourishing construction industry, Dietsche MontageProfis Holding AG and Menzi Muck AG achieved record sales. Sales of walking excavators in export markets increased markedly. The share price rose by a good 16 % in the year under review. It is liquid and, thanks to the new Swiss GAAP FER accounting standard, will soon be traded on the premium index on the OTC-X market.
