GERMANY – Hanse Industriekapital acquires Balda subsidiaries
According to reports, Hanse Industriekapital has acquired Balda Solutions and Balda Werkzeugbau from German mobile phone supplier Balda AG.
In order to divest the loss-making subsidiaries, Balda was reported to have had to pay a ‘higher, one digit million EUR sum’. The news follows the failed attempt to sell the subsidiaries to Aurelius Invest.
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