NEWS
Press & Publications
Due to confidentiality restrictions we can not report everything
but below please find some published developments.
August 2023
Executive and Management at DHR
DHR Inc., headquartered in Chicago, USA, is one of the leading global executive search service providers with more than 50 offices in 22 countries. Since 2012, LRS has been supporting DHR’s offices in Austria, Germany and Romania in commercial, financial and organisational matters. As part of the cooperation, Dr Norbert Frömmer/LRS has been entrusted with the management of these countries.
One of the most important DHR consultants in Europe, Dr. Gerlinde Berger, gives an insight into this lively and diverse industry in Tom Junkersdorf’s TOMorrow podcast, where she talks about leadership skills and current developments in the industry: https://lnk.to/tom-gb1

October 2022

July 2022
LRS sponsors cultural festival at Schloss Walpersdorf
From July 17 to 24, 2022, the Kulturfest will take place at Schloss Walpersdorf – with a varied musical program that is somewhat outside the usual regional cultural initiatives. By sponsoring the “Culture Festival Day for Children” on July 19 ( https://www.schloss-
More here: https://www.schloss-

March 2022
Stand with Ukraine
We have long supported Ukraine in its efforts to strengthen civil society. In the 2000s, for example, we participated in a programme to sponsor highly talented students from financially weak families financially during their studies.
Now we are helping again: in addition to sending medicines to Ukrainian hospitals, we are supporting a refugee family in Austria. LRS has taken over the procurement of housing and pays rent as well as running costs.

November 2021
Sale Genera Printer GmbH
KEH Holding has held 25.2% of the shares in Genera Printer GmbH since its foundation in 2015. Genera develops and sells 3 D printers for industrial applications. In October 2020, LRS received the assignment to make Genera Printer M&A-ready and to sell the shares of KEH in the best possible way, while ensuring the future growth of Genera Printer as a secondary condition. After internal restructuring initiated and implemented by LRS, mainly in the commercial and organizational areas, a professional M&A process was started. The winner of this process was the Stratasys Group, which is listed on the US technology exchange NASDAQ. In November 2021, it acquired the 25.2% stake in KEH-GmbH via its British subsidiary and provided the company with the necessary growth capital.
Read more here.

SEPTEMBER 2021
Sale KBZ/Geras
Stift Geras, the Premonstratensian canonical monastery in the Waldviertel, sells its 94% majority shareholding in KBZ GmbH (exactly Kunst- und Bildungszentrum Stift Geras -Veranstaltungs- und Betriebsgesellschaft m.b.H.) to Friends Touristik, the operating company of the tenant of Pernegg Abbey, Klaus Rebernig. The remaining 6% will continue to be owned by Dr. Norbert Frömmer.
The project, in which LRS has been involved operationally and strategically for six years – among other things, Norbert Frömmer was managing director of KBZ from 2015 to 2020 – thus entered its next phase in mid-August. At the same time, further contracts were concluded to enable the long-planned expansion of the Pernegg Fasting Center.

MAY 2021
GENERA and Henkel jointly drive series production in additive manufacturing

OCTOBER 2020
EuropeanBoostUp! Competition – Norbert Frömmer as a member of the Accelerate Jury
The European Institute of Innovation and Technology (EIT) Manufacturing supports science and research, as well as education. The goal of EIT Manufacturing is to support the creation of 1000 start-ups and will invest more than EUR 325 millions of private-public-partnership funds in the formation of EIT Ventures until 2030.
One of the initiatives to support new business ideas and innovations is the European BoostUp! Competition. The regional final held in Vienna at the end of October was organised by the EIT Manufacturing East which is located there. Start-ups and SMEs from all over Austria and many other Eastern European countries presented their projects in three different categories: Create, Accelerate and Transform.
LRS was also participating – as an experienced expert Norbert Frömmer was asked to join the Accelerate Jury. Together with other top-class managers from the Austrian economy he had the exciting but challenging task to choose the regional winners. The selected business models, innovations and ideas will be introduced to the european audience at the grand european final in Brussels, next to the best projects from the South, North, Central and West regions of Europe.

May 2019
Quantum Capital Partners acquires Stadlbauer group
In July 2018, LRS was commissioned by the Stadlbauer family to take over the management with the aim to stabilize and realign the corporate group, that had suffered of a failed generation transition and the disruptions in the international toy market. After completing this process, the owners decided to sell to Quantum Capital Partners.
This May, the Salzburg based Stadlbauer group announced the acquisition by Quantum Capital Partners. The closing of the transaction is subject to the approval of the antitrust authority. Dr. Norbert Frömmer will stay Managing Director of the Stadlbauer Group. Andreas Stadlbauer will support the new holding as a member of the advisory board. The acquisition is expected to be completed in the second quarter of 2019 following the completion of all closing requirements.
More please find in the press release.

December 2018
Halliburton acquires Smart Fibers
Smart Fibers Ltd. was taken over by Halliburton Global Holdings Ltd., one of the largest players in the oilfield service market . LRS has been a member of the four-headed Boards of Directors since 2015. LRS initially stabilized the company economically, realigned it strategically and was then looking for the best option for the stake holders (shareholders, company, employees) of Smart Fibers Ltd.. The sale of 100% of the company took place in December 2018.
