DistantNews
Support us
Japanese firm takes majority stake in Austrian E-Card producer Austriacard
🇦🇹 Austria /Economy & Trade

Japanese firm takes majority stake in Austrian E-Card producer Austriacard

From Die Presse · () German

Translated from German, summarized and contextualized by DistantNews.

At a glance

News Official statement New plan
  • Japanese printing company Dai Nippon Printing has acquired a majority stake in Austriacard, an Austrian provider of smart cards and payment solutions.
  • Austriacard is known for producing Austria's health card, the E-Card.
  • The acquisition, with DNP holding 75.29% of shares, is set to be finalized after the offer period ends on August 21, 2026.

Austrian smart card provider Austriacard is transitioning to Japanese ownership, with printing company Dai Nippon Printing (DNP) securing a majority stake. DNP now holds 75.29% of the company, which is responsible for producing Austria's national health card, the E-Card.

The acquisition follows DNP's announcement of a takeover bid in May. The previous main shareholder, Nikolaos Lykos, had committed to tendering his 74.58% stake. Additionally, board members holding a combined 0.71% of Austriacard shares have also accepted DNP's offer, pushing the company's stake above the minimum acceptance threshold of 75%.

The offer price is set at 10 euros per share, and the offer period remains open until August 21, 2026. Austriacard operates as a B2B provider of secure data, smart cards, and payment solutions and has been listed on the Vienna Stock Exchange's prime market since 2023.

Despite the acquisition news, Austriacard's shares saw a slight decline, trading 2.35% lower at 9.54 euros in early trading on Wednesday.

DistantNews Editorial

Originally published by Die Presse in German. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.

More Stories

From Our Blog