Rohwedder: Solutions for Canada & Mexico
Solutions for the two American subsidiaries of insolvent equipment manufacturer Rohwedder have been found.
The shares of the two American companies Rohwedder Canada Inc. (Ontario, Canada) and Rohwedder S.A. (Santa Rosa, Mexico) were acquired, through a management-buy-out agreement, by their President Andries W. Mellema. Both companies will continue with 30 employees.
Korean defense manufacturers fined for cartel
Four major defense manufacturers in Korea have been fined for alleged involvement in a cartel according to the Korean Fair Trade Commission.
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