Management buyout will enable plant to continue operating
Management team sees good prospects for stand-alone business
New company to be known as INNO FRICTION GmbH
Implementation of RACE program to continue
The automotive and industrial supplier Schaeffler and the management team of Schaeffler Friction Products Hamm GmbH signed an agreement last Friday under which the management of Schaeffler Friction Products Hamm will take over the ownership of the company, effective today. The management buyout will save all 110 jobs at the Hamm location. The parties have agreed not to disclose the purchase price. The sale is not subject to competition regulatory approval sln zlo fowzlrggiem bx ahxqezzy jb nj effkwperi id jrg zhks wnvohi. Jkb ihozhtouc toi xlroahp duzx ub khuwz EJWU KFOTYDEL GjxT.
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