New paths for the Wietersdorfer Group
The Wietersdorfer Group is breaking new ground. Previously active in the construction industry with its five business divisions, it is now taking its first step towards the semiconductor industry: the internationally active family business is acquiring a 60% stake in Sico Technology from Bad Bleiberg, a specialist in the processing of silicon and quartz for the semiconductor industry. The group of companies is thus broadening its base and investing in a promising branch of industry that strategically complements the Wietersdorfer Group by processing and refining raw materials.
The investment in Sico Technology opens up new growth potential for the Wietersdorfer Group outside of the construction industry. “The semiconductor industry is one of the fastest growing markets thanks to megatrends such as artificial intelligence, electromobility and cloud computing, as well as the green transformation. Sico Technology is the door opener for us to tap into new market potential,” says Michael Junghans, CEO of the Wietersdorfer Group. Sico Technology is one of the leading international developers and manufacturers of a large number of high-quality components that are primarily required in the semiconductor production process. Sico Technology has unique expertise in the processing of silicon and quartz glass in particular, as well as innovative and specialized production methods. The company, which is headquartered in Bad Bleiberg/Austria, was founded in 1981. It currently employs around 150 people in Austria (Bad Bleiberg and Wernberg), Singapore and the USA.
The Wietersdorfer Group is acquiring 49% of the shares from aws Mittelstandsfonds, which is thus exiting Sico Technology completely, and 11% of the shares from Sico Technology founder Walter Nadrag, who will continue to contribute his expertise as one of two managing directors. The Wietersdorfer Group has appointed Daniel Schützenauer, who has worked for the Wietersdorfer subsidiary Hobas Pipe USA in Houston for the past three years, as the second managing director of Sico Technology. In total, the Wietersdorfer Group now holds 60% of Sico Technology. 40% of the shares remain with Sico Technology founder Walter Nadrag.
