Vienna (pta013/16.10.2017/10:47) – MTH Retail Group Holding GmbH, based in Vienna, a subsidiary of Management Trust Holding Aktiengesellschaft (ISIN AT0000728050) and listed on the Third Market of the Vienna Stock Exchange, signed a contract today to acquire 100% of shares in OWiba AG from the Federation of Migros Cooperatives, based in Zurich. OWiba AG, with its subsidiaries Iba AG, Office World AG and Tramondi Büro AG, is active in Switzerland in the office supply, office technology and office furniture segments. The OWiba Group has 24 branches in Switzerland and employs around 400 people. In the 2016 financial year, the OWiba Group generated annual turnover of around CHF 180 million. The parties have agreed not to disclose the details of the transaction. The transaction (closing) is expected to take place by the end of November 2017, subject to the fulfilment of contractually-agreed closing conditions, including the approval of the responsible authorities. Management Trust Holding Aktiengesellschaft is an international group of medium-sized companies with a focus on trade, parking and access management systems, machine tool construction, financial investments, consulting, software & system engineering. It employs around 5,500 people and is based in Vienna.