Breaking News

Trevira Gets New Owner

August 5, 2009

Strong investors hope to return strength to company.

Stefan Messer and Karl-Gerhard Seifart have purchased parts of the isolvent Trevira Group in a quick transaction to secure many jobs and production sites. Under the new ownership, Trevira will continue to operate as an independent company.

The sale includes Trevira production sites in Bobingen and Guden, Germany and Zielona, Poland as well as marketing and sales offices in Hattersheim, Germany and the trademark/IP rights and patents of the Trevira Group.

“Our objective was to hand over the company as completely as possible to an investor who is interested to continue to run the company on a long-term and independent basis. With the sale of these two experienced managers, this objective has been met,” said CA Werner Schneider who led the negotiations as insolvency manager.

Terms of the transaction were not disclosed.

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