Vienna Capital Partners (VCP) has closed the sale of its participation in the Czech toll-operator Kapsch Telematic Services spol. s r.o.. The conditions precedent foreseen in the agreement regarding the sale of the 48% stake to Kapsch Telematic Services GmbH have been fulfilled. Consequently the parties were able to close the transaction. Thereby Kapsch Telematic Services GmbH, a subsidiary of the Vienna Stock Exchange listed Kapsch TrafficCom AG and majority owner to date, became 100% shareholder of Kapsch Telematic Services spol. s r.o..
Source: VCP; 20160627