Austrian Zumtobel Sells Factory in Australia

Industrials › Industrial Goods ♦ Published: August 21, 2013; 11:21 ♦ (Vindobona)

Because of abandoning of a business area, Tridonic, affiliate of Austrian light producer Zumtobel, sells its magnetic plant in Melbourne.

Austrian Zumtobel Sells Factory in Australia / Picture: © Tridonic

As per September 1, plastic component producer and so-far supplier of Tridonic Custom Mould Plastic Pty Ltd will take over all stakes of Tridonic Manufacturing Pty Ltd. The respective contract was signed on Wednesday, as announced by Zumtobel in a press release. The step is in connection with the withdrawel from the energetic inefficient magnetic technology.

The enterprise Custum…

or Log In

Fast News Search
Related News
Zumtobel: New energy management for more efficient operations (August 8, 2013)
Zumtobel Takes Over Chinese Affiliate (July 29, 2013)
Zumtobel to Close Plant in Austria (June 25, 2013)
Zumtobel: Factory Expansion Despite JCL Exit (May 14, 2013)
Germany: Upgrade and Expansion at Zumtobel Plant in Usingen (May 2, 2013)
Read More
Australia, Zumtobel, Lighting Industry, Downsizing
ISIN
AT0000837307
Featured
See latest Vindobona Newsletter