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Falstaff Group expands with Raiffeisen investment and plans international growth
Raiffeisen-Holding Niederösterreich-Wien is set to acquire a 25.1% stake in the Falstaff Group, marking its first media investment outside Austria, pending regulatory approval. Despite industry challenges, Falstaff reported a strong business performance with projected sales growth to 45 million euros in 2024 and plans for international expansion into at least twelve European countries, including a new edition in Slovakia by May 2025.
Raiffeisen-Holding acquires stake in Falstaff to support international expansion
Raiffeisen-Holding NÖ-Wien has acquired a 25.1% stake in FALSTAFF, Austria's leading gourmet and lifestyle publisher, to support its international expansion. With a current revenue of approximately €41 million and a forecasted growth to €45 million, FALSTAFF aims to establish a presence in at least twelve European countries over the next five years, including Spain and Serbia. The partnership is expected to enhance FALSTAFF's strong market position and growth potential in the food, wine, and travel sectors.
raiffeisen acquires stake in gourmet publishing house falstaff
Raiffeisen-Holding Niederösterreich-Wien is set to acquire a 25.1 percent stake in the gourmet and lifestyle publishing house founded by Wolfgang and Angelika Rosam. The deal is pending approval from competition authorities.
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