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RSS FeedsSemperit and Sri Trang finalise termination of almost all joint venture activities // Thomas Fahnemann to leave Semperit
(World News Austria)

 
 

15 march 2017 14:27:36

 
Semperit and Sri Trang finalise termination of almost all joint venture activities // Thomas Fahnemann to leave Semperit
(World News Austria)
 


15.03.2017 Today, the Austrian Semperit Group (`Semperit`) and the Thai Sri Trang Agro-Industry Public Co Ltd. Group (`Sri Trang`) have finalised the termination of almost all joint business activities, which was agreed on 18 January 2017. All terms and conditions defined at that time have been fully met (`closing`). Semperit has now taken over several Sempermed joint venture companies, the majority interest in the Malaysian Formtech (producer of ceramic moulds for glove production) as well as production companies of the Industrial Sector in China. Sri Trang has taken over the glove production of Siam Sempermed Corporation Ltd (SSC) in Thailand, which had been operated jointly to date. In...


 
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