Coelme and S&S Power Switchgear terminate joint venture

Coelme S.p.a. and S&S Power Switchgear Ltd have terminated their joint venture agreement and related agreements, effective January 12, 2018. S&S Power Switchgear Equipment Ltd is now fully controlled by S&S Power Switchgear Ltd.

“the Parties have entered into a Share Purchase Agreement pursuant to which the Parties agreed that the Joint Venture Agreement and consequently all other related agreements signed in relation thereto would be terminated and ceased to have any force or effect from Jan 12th, 2018.”coelme-egic.com

• 2 sources
• coelme-egic.comcoelme-egic: NewsJan 15, 2018
• coelme-egic.comcoelme-egic: NewsJan 15, 2018

Summarized from public sources; check the original articles before acting on it.