France: Honsel’s French subsidiary sold to ZF

Honsel AG has announced that the company's provisional insolvency administrator, Dr. Frank Kebekus, and ZF have concluded the sale of Honsel's subsidiary Fonderie Lorraine S.A.S. to ZF, completing what is described as a first major step towards restructuring.  Honsel filed for insolvency on 25 October 2010 but has subsequently managed in Subscribe to Automotive World … Continued

• By Webmaster
• November 17, 2010