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Hardinge Inc. completed the sale of its global machining and workholding businesses to affiliates of Centre Lane Partners under the U.S. Bankruptcy Code. The businesses will operate as Kellenberger (machining) and Forkardt Hardinge (workholding).
“Hardinge Inc. and certain of its U.S. subsidiaries today announced the successful completion of transactions under the United States Bankruptcy Code to sell substantially all of the Company’s global machining and workholding businesses to affiliates of Centre Lane Partners.”kellenberger.com
Summarized from public sources; check the original articles before acting on it.