Locked content Bosch has green light to acquire Fagor Mastercook

Household appliance production group BSH (Bosch und Siemens Hausgeräte) was given an approval to acquire bankrupt FagorMastercook based in Wrocław. The anti-monopoly watchdog UOKiK said that after the merger, the German company is going to meet with “effective competition” in Poland, the...

BSH acquires Fagor Mastercook

Household appliance production group BSH (Bosch und Siemens Hausgeräte) will acquire bankrupt FagorMastercook, as the German company signed a preliminary deal with Fagor’s receiver on Friday, Polish Radio Wrocław reported. Chinese Haier’s offer had not been taken into consideration.

Locked content Haier interested in Mastercook plant in Wrocław

If BSH does not decide to acquire Wrocław-based Fagor Mastercook, Haier may take the opportunity. The Chinese company made a bid offer on April 10, Puls Biznesu reported. “Haier company approached me by e-mail, I am waiting for a courier. The firm wants to pay a deposit valued at PLN 15 millio...

Locked content Bosch to abandon Fagor Mastercook?

Receiver of bankrupt Fagor Mastercook has to approve its acquisition by German BSH, the owner of Bosch within one week, otherwise BSH will withdraw the offer, Wyborcza.biz web portal reported. Receiver, Teresa Kalisz does not agree to sell the plant for PLN 90 million, due to “a conspicuously ...

Locked content BSH may buy FagorMastercook

Household appliances production group BSH (Bosch und Siemens Hausgeräte) will acquire bankrupt FagorMastercook, Gazeta Wyborcza reported. The deal value is PLN 90 million. The offer submitted by BSH was approved on Monday by the creditors of FagorMastercook. BSH has vowed to invest PLN 120 million i...

Locked content Bosch to take over Wrocław appliance factory

The Wrocław Special Economic Zone has received a permission from the Ministry of the Economy for the takeover of a household appliance manufacturing plant in Wrocław. The factory, located on the north side of the city, has a long history. Prior to WWII, there was a German metal manufacturer Knauth o...

No valid offers for FagorMastercook

There were no investors interested in buying all the assets of bankrupt household appliance producer FagorMastercook, the company’s bankruptcy administrator told the Polish Press Agency.

Home appliance manufacturer up for grabs

FagorMastercook is looking to sell its Wrocław plant for a price of PLN 315 million. The Spanish cooperative, Fagor, has been producing appliances in the factory, formerly known as Wrozamet, for over 12 years. The Polish affiliate, FagorMastercook S.A., filed for bankruptcy in a Spanish court last y...