GF Automotive to sell gravity die-casting business in Austria  [ Austria ]

GF Automotive, a division of Georg Fischer, is to divest its non-core gravity die-casting business in Herzogenburg (Austria) to the present managers in the framework of a management buyout. The transaction allows GF Automotive to fully focus on its core iron sand casting and light metal high pressure die-casting activities. The deal takes effect retroactively on January 1, 2014. The transaction...
<Jan 31, 2014>