Published in Medical Verdicts and Law Weekly, July 10th, 2008
German-based Stabilus GmbH, Koblenz, has today signed an asset purchase agreement with Suspa Holding GmbH, Altdorf, regarding the acquisition of the business unit "Suspa Sedia" concerned with the manufacture of chair gas springs utilised in swivel chairs. On completion of the transaction, the essential production facilities as well as intellectual property rights belonging to this business unit will be transferred from Suspa to Stable II; however employees will not be transferred. Completion of the acquisition is subject to approval by the German and Spanish competition authorities.
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