Investor acquires Berndes assets from CFC and keeps production in Germany

CFC sells brand and trademarks and enters into a longterm property lease agreement Berndes business will be run with Italian investor Decision of Berndes’ committee of creditors expected within the upcoming days   CFC Industriebeteiligungen AG (ISIN: DE000A0LBKW6), Dortmund, announces that it has signed a definitive agreement with Alluflon SPA, an Italian cookware manufacturer as strategic investor, related to the acquisition of Berndes assets. Under this agreement…

CFC Industriebeteiligungen AG’s Board composition accommodates concentration on electronics business

Werner Neubauer becomes member of the Executive Board of CFC Industriebeteiligungen AG CFC concentrates business development on the electronics segment   As of now, CFC Industriebeteiligungen AG (ISIN: DE000A0LBKW6), Dortmund, also reflects its concentration on the electronics segment in the composition of its Executive Board. CFC’s Supervisory Board has appointed Werner Neubauer as a member of the Executive Board with effect of August 20, 2012.…

CFC Industriebeteiligungen AG: substantive entities of Berndes Group have expactably filed for insolvency

CFC Industriebeteiligungen AG (ISIN: DE000A0LBKW6), Dortmund, announces that substantive entities of its investment Berndes have filed for insolvency today. The involved entities are Berndes Beteiligungs GmbH Heinrich Berndes Haushaltstechnik GmbH & Co. KG and Heinrich Berndes Haushaltstechnik Verwaltungs GmbH. Already in the past week, the high risk of insolvency had been communicated. It had initiated significant impairments at the level of CFC AG, so that today’s filing does not…