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Insolvency administrator Joachim Exner completed the sale of WKW's German operations to Rea Automotive on November 6, 2026. The buyer assumed production at Wuppertal, Velbert and Sprockhövel, preserving about 1,050 jobs, while 450-500 positions will be cut.
“Insolvency administrator Joachim Exner completed the sale on Friday, November 6, 2026, when WKW Automotive Deutschland GmbH, a 100% Rea Automotive unit, took over the German business and three overseas subsidiaries.”particle.news
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