LK Hydraulics takes over Picardie Valves Industries in Ham after Altifort bankruptcy

Swiss group LK Hydraulics took over 80% of Picardie Valves Industries in Ham, France, from bankrupt Altifort, keeping all 106 permanent and 12 fixed-term contracts. The change of ownership took effect on December 13, 2019.

“The commercial court of Paris has entrusted the Swiss group LK Hydraulics to manage the future of the company.”sapag-valves.com

• 1 source
• sapag-valves.comNews: New start for Picardie Valves lndustries | SAPAG VALVESDec 18, 2019

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