Croatian AD Plastic to bid for assets of bankrupt French Sealynx Automotive.

By bne IntelliNews March 23, 2011
Plastic products manufacturer AD Plastik tendered an offer to acquire the assets of bankrupt French company Sealynx Automotive, the potential buyer said in a filing to the Zagreb bourse. The bankruptcy procedure against the French firm was initiated by a Nanterre court in late 2010. Through this acquisition, AD Plastik will also take over Romanian Sealynx Automotive. AD Plastic is interested in taking over Sealynx Automotive's land, buildings, and equipment, as well as the intangible assets, financial assets and inventories. AD Plastik plans to set up a new company in France and re-hire some of its staff.

Related Articles

Croatian govt to acquire four companies part of 3.Maj shipyard.

The Croatian government decided on Thursday, March 21, to take over the ownership of all four companies part of local shipyard 3.Maj after which the privatisation of the parent company will be ... more

Croatias Dukat to make takeover bid for Slovenias Ljubljanske Mlekarne.

Croatian dairy producer Dukat said it intends to place a takeover bid for the 49.7% stake it does not yet own in Slovenian peer Ljubljanske Mlekarne. Dukats current stake of 50.3% in the ... more

Croatia's construction output down 2.1% y/y in Jan 2013.

Croatia's construction output fell 2.1% on the year in January 2013 after dropping an annual 19.9% a month earlier, the statistics office said, quoting unadjusted data. Working-day adjusted data, ... more

Notice: Undefined index: subject_id in /var/www/html/application/controllers/IndexController.php on line 335