Century-Old Alfred Clouth Coatings Set for Takeover to Secure Future
Alfred Clouth Coatings GmbH & Co. KG, a century-old company based in Bieber-Waldhof, Offenbach district, is set for a takeover. This move aims to secure its future and regain market share.
The investors, led by J. M. Voith GmbH & Co. KG and several private investors, have confidence in the CLOU brand and Alfred Clouth's innovative capabilities. They plan to invest in product innovation, expand market presence, and optimize operational efficiency.
Creditors, at a meeting in August 2022, approved the continuation plan and voted for a long-term restructuring. This vote reflects their trust in the management and the CLOU brand's potential. The management of Alfred Clouth Coatings looks forward to the next steps, optimistically anticipating a successful and sustainable future with the support of creditors and the new investor structure.
Final negotiations for the takeover of Alfred Clouth Coatings are nearing completion. The investors aim to strengthen the company financially and strategically, focusing on maintaining and expanding its strengths, such as the CLOU brand and high product quality. This move is expected to secure a stable and successful future for Alfred Clouth Coatings.
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