ERIKS Group to Divest Part of French Operations
Dutch holding company ERIKS group has agreed to sell Baudoux Industrie sas to MB Industrie, based in Bourg-en-Bresse, France. Baudoux markets and sells a range of mechanical engineering components in the power transmission and tools markets.
The divested activities have not contributed to the group’s operational results for the last two years. ERIKS realized a book loss for the sale, which was included in this year’s results. …
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