The B&C Group has increased its stake in the listed company Steyr Motors AG $4X0 (-2.26%) from 9 percent to 20 percent.
The B&C Group acquired the shares from the German investment company Mutares $MUX (-1.09%)which thus reduced its stake in the manufacturer of high-performance engines from 40 percent to 29 percent.
With the increase in shares, the B&C Group is also seeking a seat on the Supervisory Board.
Austria-based Steyr Motors has been listed on the Frankfurt Stock Exchange since October 2024 and on the Vienna Stock Exchange since February 2025. For this year, the company is aiming for an increase in turnover of at least 40 percent and an EBIT margin of 20 percent.