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Sonnenkraft, Holter and Tisun – the changing face of Austria’s industry

Submitted by Baerbel Epp on February 26, 2018
Photo: Thomas PirkerTwo strategic decisions taken by Austrian-based supplier Sonnenkraft in early 2018 have strengthened its position on the market. First, it secured an exclusive national distribution agreement with Holter, an Austrian wholesaler of heating equipment. Installers of Sonnenkraft equipment can now order products and systems on digital sales portal Holter online as opposed to getting them directly from the company. Second, on 4 December 2017, the supplier acquired the remaining 49 % stake in Austrian collector manufacturer Tisun, a competitor from which it had already purchased 51 % of the shares in May 2017. On 5 February 2018, the new owner asked for Tisun to be put into administration and an insolvency practitioner is now leading the restructuring effort. 
Photo: Thomas Pirker

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