AUSTRIA - DZ Equity's Illichmann enters administration

Previously, DZ Equity had been in talks to sell the company, with a sale to management as one of the possible options.

Altmünster-based Illichmann Aluminiumguss GmbH is a niche manufacturer of die-cast aluminium moulds for aluminium and silicon alloys, using ingot mould, sand-cast or low pressure casting processes. Founded in the 1930s, the company employs a staff of 200 and generated revenues of EUR18m in 2005.

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