Arlington Germany successfully concludes investor search in insolvency in self-administration
- Automotive supplier remains part of restructured Arlington Group (in future: Thermal Management Group), which focuses on core business with thermostats for automobiles - Safeguarding of the majority of jobs in Germany - Effectiveness of the agreement still depends on several conditions - Closing expected by the end of January 2021 - Restructuring Managing Director (CRO) Christian Stoffler: "In difficult negotiations, we have found a good solution that opens up future opportunities for the Oberboihingen site." Oberboihingen/Munich, December 21, 2020 [ ...]