Venator Group acquires Giesserei Schmidt out of insolvency

Venator Group has acquired the business, plants in Cuxhaven and Hemmoor, and all 57 employees of Giesserei Schmidt GmbH & Co. KG, an iron and aluminum foundry that had been in insolvency since January 2023. The acquisition was effective May 1, 2023.

“Zum 1. Mai 2023 übernimmt die Venator-Gruppe den Geschäftsbetrieb, die Werke in Cuxhaven und Hemmoor (beides in Niedersachen) und alle 57 Mitarbeitenden.”wayes.de

• 1 source
• wayes.deVertrag in Form gegossen: Übernahme von Giesserei Schmidt - WAYESSimon WierzMay 15, 2023

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