Market: Machinery and Equipment
Posted July 7, 2016
The Management of Voith Paper CTC Technology B.V., Vaassen, Netherlands, and the Management of Voith Paper GmbH & Co. KG, Heidenheim, Germany, have agreed to a management takeover of Voith Paper CTC Technology D. V. and its work-force with effect from June 1, 2016.
In the course of the transaction, the company name was changed to MinPlus B.V. Both parties agreed not to disclose any further details regarding the contract modalities and the purchasing price.
Voith Paper is a Group Division of Voith and is one of the leading partners and pioneers in the paper industry.