Wolford to be sold by end of 2017; Mei-Pochtler reportedly interested
Wolford [VIE:WOL], an Austrian lingerie and stockings manufacturer, will have a new majority owner by the end of the year, Trend reported. The German-language magazine quoted Axel Dreher, the Chief Executive Officer of Wolford. The report noted that the Austrian Palmers and Wilhelm families recently hired Deloitteto find a buyer for their combined majority stake in Wolford.
Without naming sources, the magazine revealed that Antonella Mei-Pochtler, until recently the supervisory board chairman of Wolford, is interested in acquiring the aforementioned stake.
Wolford has a market cap of EUR 90m.