Looser to sell Feyco Treffert and Schekolin to Teknos
Swiss Looser Holding, which was integrated in recent months in the newly established company Arbonia, is to sell Feyco Treffert Group and Schekolin to Finnish Teknos. The contracts of sale were signed on 10 April. The transaction, which covers Swiss Feyco and German Treffert Coatings as well as the Treffert subsidiaries in China, Malaysia and the USA and the remaining operations of Schekolin, with its production plant in Bendern/Germany, will probably be concluded at the beginning of May. In future, Schekolin will primarily produce wood lacquers and wood coatings in Bendern for the Feyco Treffert Group. The production of packaging lacquers had been run down during the course of the disinvestment which had already been completed in the first quarter.