Handelsbanken takes over units from Plastal and Plastal Holding>
Handelsbanken takes over units from Plastal and Plastal Holding
(Thomson Reuters ONE) - Handelsbanken takes over units of Plastal and Plastal Holding fromthe respective bankruptcy estates. The units that are taken overrepresent about 10 percent of the previous Plastal Group.The takeover means that the Belgian, Norwegian and Swedish units willform a new group with the name Plastal Industri AB.Michael Green, Head of Regional Bank Western Sweden, states, "Theseunits form a viable corporate group that today has a positive cashflow. We consider this to be the best possible solution for the unitsinvolved, for their 600 employees, and for the customers of thesecompanies. Handelsbanken also considers this to be a good way tonurture and protect our collateral in the company."For further details, see today's press release from Plastal IndustriAB.For further information, please contact:Michael Green, head of Handelsbanken Western Sweden,tel. +46 31 774 8000.http://hugin.info/1225/R/1326925/312477.pdfThis announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.
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Datum: 02.07.2009 - 10:50 Uhr
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