{"id":1469,"date":"2025-01-08T11:10:44","date_gmt":"2025-01-08T11:10:44","guid":{"rendered":"https:\/\/gipro.com\/?p=1469"},"modified":"2026-03-16T12:35:28","modified_gmt":"2026-03-16T12:35:28","slug":"20250108-preis-group-acquisition-secures-100-jobs-at-gipro","status":"publish","type":"post","link":"https:\/\/gipro.com\/en\/20250108-preis-group-acquisition-secures-100-jobs-at-gipro\/","title":{"rendered":"PREIS Group Acquisition Secures 100 Jobs at GIPRO"},"content":{"rendered":"<div id=\"standard-text-block_8c0cfc895584bbf6a33764828859ff36\" class=\"standard-text-module alignfull single-column\">\n    <div class=\"container\">\n                    <h2 class=\"module-headline\">Strategic Partner for Insulator Manufacturer Found \u2013 Peggau Site Secured<\/h2>\n                <div class=\"standard-text-wrapper\">\n            <div class=\"text-content-column\">\n                                    <div class=\"module-text\"><p>The Lower Austrian technology company PREIS Group\u00a0<strong>acquired<\/strong>\u00a0the Styrian insulator manufacturer GIPRO\u00a0<strong>as of January 1, 2025<\/strong>, thereby ensuring the long-term continuation of the production site in Peggau. Around 100 jobs will be retained after the company faced economic difficulties due to the pandemic&#8217;s impacts.<\/p>\n<p><strong>Successful Restructuring Without Job Cuts<\/strong><br \/>\nThe restructuring process following the 2023 insolvency was successfully completed without any layoffs, as emphasized by restructuring manager Martin Allitsch.<\/p>\n<p><strong>PREIS Group Strengthens Its Market Position<\/strong><br \/>\nWith the acquisition by the PREIS Group, a successful family-owned company from Pernitz employing 800 people, GIPRO gains a strong partner. The PREIS Group companies develop and manufacture components for sustainable infrastructure across Europe. High-quality, complex products for various infrastructure applications are produced at four international locations. These include transformer components for power distribution, cast components for industrial partners, and drainage systems for civil and structural engineering.<\/p>\n<\/div>\n                                            <\/div>\n                    <\/div>\n    <\/div>\n<\/div>\n\n\n        <div id=\"single-slider-block_750cef9711862493185fb107fa144bf6\" class=\"single-slider-module alignfull\">\r\n            <div class=\"swiper-container single-image-swiper-69f702fe8af22\">\r\n                <div class=\"swiper-wrapper\">\r\n                                            <div class=\"swiper-slide\">\r\n                            <figure>\r\n                                <img decoding=\"async\" src=\"https:\/\/gipro.com\/wp-content\/uploads\/2025\/06\/1172_6_Gipro-Uebernahme-durch-Preis-Group-slider1.jpg\" alt=\"Martin Allitsch \u00fcbergibt an Peter J\u00e4gersberger von der Preis Group\" title=\"Martin Allitsch \u00fcbergibt an Peter J\u00e4gersberger von der Preis Group\" loading=\"lazy\">\r\n                                                                    <figcaption class=\"swiper-caption\">Martin Allitsch hands over the GIPRO Epoxy key to Peter J\u00e4gersberger, CEO of the Preis Group.<\/figcaption>\r\n                                                            <\/figure>\r\n                        <\/div>\r\n                                            <div class=\"swiper-slide\">\r\n                            <figure>\r\n                                <img decoding=\"async\" src=\"https:\/\/gipro.com\/wp-content\/uploads\/2025\/01\/1177_6_Gipro-Uebernahme-durch-Preis-Group-slider2.jpg\" alt=\"Familie J\u00e4gersberger von der PREIS Group \u00fcbernimmt den Isolatorenhersteller GIPRO\" title=\"Familie J\u00e4gersberger von der PREIS Group \u00fcbernimmt den Isolatorenhersteller GIPRO\" loading=\"lazy\">\r\n                                                                    <figcaption class=\"swiper-caption\">The J\u00e4gersberger family from the PREIS Group takes over the insulator manufacturer GIPRO.<\/figcaption>\r\n                                                            <\/figure>\r\n                        <\/div>\r\n                                            <div class=\"swiper-slide\">\r\n                            <figure>\r\n                                <img decoding=\"async\" src=\"https:\/\/gipro.com\/wp-content\/uploads\/2025\/06\/Gipro-Uebernahme-durch-Preis-Group-head-1.jpg\" alt=\"Das Projekt-Team der \u00dcbernahme von GIPRO durch die Preis Group\" title=\"Das Projekt-Team der \u00dcbernahme von GIPRO durch die Preis Group\" loading=\"lazy\">\r\n                                                                    <figcaption class=\"swiper-caption\">In the lead-up to the acquisition, the project teams from both companies have already worked together exceptionally well.<\/figcaption>\r\n                                                            <\/figure>\r\n                        <\/div>\r\n                                            <div class=\"swiper-slide\">\r\n                            <figure>\r\n                                <img decoding=\"async\" src=\"https:\/\/gipro.com\/wp-content\/uploads\/2025\/06\/Gipro-Uebernahme-durch-Preis-Group-artillu.jpg\" alt=\"Das zuk\u00fcnftige F\u00fchrungsteam bei GIPRO\" title=\"Das zuk\u00fcnftige F\u00fchrungsteam bei GIPRO\" loading=\"lazy\">\r\n                                                                    <figcaption class=\"swiper-caption\">The future management team at GIPRO: Managing Director Erich Weissenb\u00f6ck (2nd from the right), Operations Manager Michael Wilfling (1st from the right), along with Julian Englich, Markus Grinschgl, and Christoph Pichler.<\/figcaption>\r\n                                                            <\/figure>\r\n                        <\/div>\r\n                                    <\/div>\r\n            <\/div>\r\n            \r\n            <!-- Navigation arrows outside swiper-container -->\r\n            <div class=\"swiper-button-prev single-image-swiper-69f702fe8af22-prev\"><\/div>\r\n            <div class=\"swiper-button-next single-image-swiper-69f702fe8af22-next\"><\/div>\r\n        <\/div>\r\n        \r\n        <script>\r\n        document.addEventListener('DOMContentLoaded', function () {\r\n            var singleImageSwiper = new Swiper('.single-image-swiper-69f702fe8af22', {\r\n                loop: true,\r\n                slidesPerView: 1,\r\n                spaceBetween: 0,\r\n                autoHeight: true,\r\n                navigation: {\r\n                    nextEl: '.single-image-swiper-69f702fe8af22-next',\r\n                    prevEl: '.single-image-swiper-69f702fe8af22-prev',\r\n                },\r\n                autoplay: {\r\n                    delay: 4000,\r\n                    disableOnInteraction: false,\r\n                },\r\n                effect: 'fade',\r\n                fadeEffect: {\r\n                    crossFade: true\r\n                },\r\n                speed: 800,\r\n            });\r\n        });\r\n        <\/script>\r\n    \n\n<div id=\"standard-text-block_9d74260852ef1f4aa752e42c934462f8\" class=\"standard-text-module alignfull single-column\">\n    <div class=\"container\">\n                <div class=\"standard-text-wrapper\">\n            <div class=\"text-content-column\">\n                                    <div class=\"module-text\"><div class=\"teaser-container\">\n<blockquote><p>&#8220;GIPRO perfectly complements our portfolio. Together, we can meet the increasing demand for high-quality components for energy distribution,&#8221; explains\u00a0<strong>Peter J\u00e4gersberger, CEO<\/strong>\u00a0of the PREIS Group. &#8220;the high expectations of our partners drive us to continually develop and invest in modern technologies.<\/p><\/blockquote>\n<\/div>\n<div class=\"blog-video-container\">\n<div class=\"row-flex align-items-end\">\n<div class=\"col-12-flex col-lg-8-flex\">\n<div class=\"text-container\">\n<div class=\"text-container\"><strong>Strong Demand Driven by the Energy Transition<\/strong><br \/>\nGIPRO and PREIS Group products are utilized in power transmission and distribution. The global energy transition, including the expansion of wind power, solar installations, and charging infrastructure, is generating increased demand for these technologies.<\/p>\n<p><strong>New Jobs in the Region<\/strong><br \/>\nThanks to a stable order situation, GIPRO is already planning to expand its team and is seeking new employees, particularly from the local region. This provides a positive boost for the labor market in Styria.<\/p>\n<p>The acquisition by the PREIS Group ensures that GIPRO will continue to focus on high-quality, specialized epoxy insulators and that Peggau will remain a key production site.<\/p>\n<p>&nbsp;<\/p>\n<\/div>\n<div class=\"blog-video-container\">\n<div class=\"row-flex align-items-end\">\n<div class=\"col-12-flex col-lg-8-flex\"><\/div>\n<div class=\"col-12-flex col-lg-8-flex\">\n<h2>Contacts<\/h2>\n<div class=\"teaser-container\">for inquiries<\/div>\n<div class=\"text-container\"><strong><br \/>\nPREIS Group<br \/>\n<\/strong><em>Beatrice J\u00e4gersberger<br \/>\n<\/em>Sales and Marketing, Authorized Signatory<br \/>\n+43 2623 7335587<br \/>\n+43 676 88335587<br \/>\n<a href=\"mailto:beatrice.jaegersberger@preisgroup.com\">beatrice.jaegersberger@preisgroup.com<br \/>\n<\/a><a href=\"http:\/\/www.preisgroup.com\/\">www.preisgroup.com<\/a><br \/>\n<strong><br \/>\nGIPRO GmbH<br \/>\n<\/strong><em>Julian Englich<br \/>\n<\/em>Sales, Marketing<br \/>\n+43 3127 20940-110<br \/>\n+43 664 1428806<br \/>\n<a href=\"mailto:julian.englich@gipro.com\">julian.englich@gipro.com<\/a><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n                                            <\/div>\n                    <\/div>\n    <\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The Lower Austrian technology company PREIS Group acquired the Styrian insulator manufacturer GIPRO as of January 1, 2025, thereby ensuring the &#8230;<\/p>\n","protected":false},"author":3,"featured_media":752,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[22],"class_list":["post-1469","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-company"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - 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