A-Tec Sells Subsidiary in Germany

Business › n.a. ♦ Published: January 18, 2011; 00:08 ♦ (Vindobona)

Austrian A-Tec Industries AG has agreed to sell the German Doerries Scharmann group.

A-Tec Sells Subsidiary in Germany / Picture: © A-Tec

The board of A-Tec Industries AG, in midst of a restructuring progress announce that an agreement has been concluded by which all the shares of the Doerries Scharmann group are sold to the Swiss group StarragHeckert. The sale price is approximately € 70m. The purchase and transfer agreement (closing) is to be notarized during the current week.

The agreement to purchase Doerries…

or Log In

Fast News Search
Related News
Kovats also Suffers Private Plight (December 31, 2010)
Creditors Wish Kovat´s Retreat (December 30, 2010)
A-Tec: Restructuring Plan Accepted (December 29, 2010)
A-Tec: Significant Increase of Quota is Probable (December 28, 2010)
Critical Phase for A-Tec (December 27, 2010)
A-Tec Quota Too Low for Creditors (December 17, 2010)
Read More
Insolvencies, ATec, Switzerland, Germany, Restructuring, Engineering Industry
Featured
Coronavirus Situation at the Vienna International Centre (VIC): Live-Ticker - Five New Positive COVID-19 Cases, Total of 43 Cases
List of National Days of the Home Countries of All Foreign Missions and Delegations in Vienna, Austria
See latest Vindobona Newsletter