OBRIST Group Announces Successful Completion of Due Diligence Review
OBRIST Group Announces Successful Completion of Due Diligence Review
Lustenau,/Austria, June 28th 2024 - The Austrian-German OBRIST Group, a leading developer of eco-friendly and innovative climate technologies as well as powertrain and energy solutions, is pleased to announce the successful completion of a comprehensive Due Diligence review conducted by the engineering and consulting firm ILF Consulting Engineers. With support from financial experts at BDO Austria and patent attorneys at ETL IP, the feasibility of OBRIST technologies, patent quality, and future growth and market potential were evaluated.
Holistic Due Diligence by ILF, BDO, and ETL IP
The technical Due Diligence was conducted between January 19th 2024, and April 17th 2024. BDO Corporate Finance assessed the economic situation and potential company value of the OBRIST Group. Additionally, ETL IP's patent experts reviewed the underlying patent pool and strategy. Currently, OBRIST Group holds 252 registered and 128 granted patents worldwide.
131-Page Report Confirms Feasibility of OBRIST Technology “The Modern Forest” and World’s First Climate-Positive Energy Carrier aFuel
The ILF report confirms the strong market position of the company group from the Lake Constance area with its three business units OBRIST Engineering (OE), OBRIST Powertrain (OP), and OBRIST Technologies (OT). The 131-page document also confirms the feasibility of the OBRIST technology “The Modern Forest” as a production site for the world’s first climate-positive energy carrier aFuel based on eMethanol.
Strong Economic Development Forecast
The economic assessment predicts that OT could generate multi-billion dollar revenues from the sale of aFuel and cSink products by 2050. OBRIST Powertrain is also forecasted to see a multi-billion dollar revenue increase over the next 20 years due to its unique and UNIDO-awarded HyperHybrid powertrain solution and its core component, the Zero Vibration Generator (ZVG). Continued growth is also predicted for the OE sector.
Frank Obrist: “Foundation for Capital Increase and First Gigaplant”
Frank Obrist, CEO of the OBRIST Group, stated, “The completion of the Due Diligence review confirms our strategic direction and the innovative strength of our technologies. This holistic Due Diligence lays the foundation for the upcoming capital increase and the swift realization of the first Gigaplant by 2030.”
Further information: www.obrist.at
Media Contact: Thorsten Rixmann, Global Director Marketing & Communication
Global Director Marketing & Communications, Tel. +43 660/5642275, Email: t.rixmann@obrist.at
Press agency: euromarcom public relations, Phone: +49 611 973150, Email: team@euromarcom.de
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