Over the past two and a half years, we have succeeded in (re)focusing the Polar Group on its core competencies and stabilising it sustainably through a profound operational and strategic transformation. With the signing of the asset purchase agreement for the sale of the trademark rights and technologies, as well as the takeover of sales, … Read more
Subject to closing conditions, SOL Capital acquires the insolvent manufacturer of premium bicycles and ensures the sustainable continuation of business operations.
SOL Capital Management acquires
tradition-steeped Austrian bicycle manufacturer
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Fltr: Haiko Stüting, Thomas Raab (CEO), Dr. Niederkofler
Fltr: Mirko Lehnert (Restrukturierungskanzlei Schiebe und Collegen), Michael Wombacher (CEO DIENST Verpackungstechnik), Haiko Stüting, Thomas Raab (CEO POLAR), Frank Wagner (Betriebsratsvorsitzender POLAR), Dr. Niederkofler, Dr. Robert Schiebe (Restrukturierungskanzlei Schiebe und Collegen)…
Financial investor SOL takes over 100% of the shares. All 300 employees of POLAR Mohr and Adolf Mohr will be taken
over
