BayWa Crisis: Cooperatives Take Over as Stock Soars on Rescue Plan
Cooperatives Seize Control in BayWa’s Rescue Deal A dramatic power shift is underway at BayWa AG, as its long-time cooperative shareholders step in to take the reins of the struggling company. Bayerische Raiffeisen-Beteiligungs AG (the investment arm of Bavarian farming cooperatives) and Austria’s Raiffeisen Agrar Invest (RAI), together BayWa’s largest shareholders, have effectively secured control of the firm through a fresh capital injection boerse-express.com boerse-express.com. RAI – affiliated with farm supplier RWA in Austria – boosted its stake to about 37.9% earlier this year and “faktisch die Kontrolle… übernommen” (practically taken charge of the crisis-hit BayWa) boerse-express.com. This cooperative-led rescue