Germany: Schüco sells off thin film production plants10. December 2012 | Industry & Suppliers, Markets & Trends | By: Max Hall
Germany-based Schüco has appointed three international auction houses to handle the sell-off of its photovoltaic thin film module production facilities.
Schüco International has appointed the European operations of auction houses Maynards, Hilco Industrial and Heritage Global Partners to dispose of its photovoltaic thin film assets. The sell-off will involve a series of auctions starting with an online sale of R&D tools and test and measurement equipment on Wednesday, December 19.
Earlier this year, Schüco announced it would permanently close its thin film business, including its 60 MW production sites at Osterweddingen in July, Großröhrsdorf in September, and its R&D center at Bielefeld by the end of the year, thus incurring an €8.6 million bill from Germany's Saxony-Anhalt Ministry.
It is thought 270 employees were affected by the company's exit from thin film production.
Choose between a digital and print subscription from pv magazine publisher Solarpraxis AG’s online shop!
- 5241 views
- 5019 views
- 4187 views
- 3128 views
- 2569 views
Want to publish your press releases for free? Simply log in or register, enter the information you want to appear and we'll publish it for you!