Hug Engineering AG, a specialist in exhaust gas purification systems based in Elsau, Switzerland, has acquired an additional 80% of the ownership interests in COdiNOx Beheer B.V., a company headquartered in Enschede, Netherlands. It thus holds 90% of the interests in this entity. The other 10% interest remains with the former majority owner. The purchase agreements were signed at the end of February 2016.
Closing of the takeover deal is dependent, among other aspects, on the merger of four subsidiaries of COdiNOx Beheer B.V. into the parent company. The transaction is expected to be closed in April 2016. The
Closing of the takeover deal is dependent, among other aspects, on the merger of four subsidiaries of COdiNOx Beheer B.V. into the parent company. The transaction is expected to be closed in April 2016. The
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