Peter Spuhler, Stadler Rail’s majority owner and CEO, has signed an agreement to buy back the 20% stake in the company owned by private equity investor Capvis.
The ‘buyback’ will be completed over three years, with half of the shares changing hands immediately and the remainder split into three equal installments for Stadler Rail and Peter Spuhler.
The parties have agreed not to disclose the purchase price.
The buyback will ‘allow Peter Spuhler to increase the employee participation programme from its current 10% to a maximum 15% of the share capital’.
The remaining 15% will be taken over by Peter Spuhler, increasing his stake in Stadler Rail to ‘at least 85%’.
