Warendorfer Küchen faced by further change in ownership with sale to CoBe

Sale for less than book value leads to negative annual result for AFG in 2012

On 1 October 2012 Swiss AFG Arbonia-Forster-Holding AG, Arbon, announced that it was selling the German kitchen furniture producer Warendorfer Küchen GmbH, Warendorf, to private equity company CoBe Capital, belonging to US entrepreneur Neal Cohen. The transaction is expected to be concluded by 31 December 2012. CoBe ...

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