Wielton subsidiary bids for Italian semi-trailer producer

Semi-trailer producer Italiana Rimorchi, made a binding offer to rent and subsequently purchase brands, some machines and equipment, as well as customer database from Compagnia Italiana Rimorchi (CIR). CIR, which has been in liquidation process, is Italy's largest semi-trailer producer under such brands as "Cardi", Merker" and "Viberti". One of the conditions the company has to meet in order to sign an agreement is to win a public tender. Italiana Rimorchi is a subsidiary of the WSE-listed Wielton.