The Industrial Holdings segment is currently
made up of UBSs majority stake in Motor-
Columbus, a financial holding company whose
most significant asset is a 59.3% interest in the
Atel Group (Aare-Tessin Ltd. for Electricity).
Atel, based in Olten, Switzerland, is a European
energy provider focused on electricity trading
and marketing, domestic and international
power generation, electricity transmission and
energy services. Motor-Columbus also holds
several other finance and property companies.