Brief: Entech SA - Takeover Of The Teams And Part Of The Assets Of Sabella, A Major Player In Marine Renewable Energies

Entech SA

22/12/2023 16:12

Dec 22 (Reuters) - Entech SA  ALESE.PA :
    * TAKEOVER OF THE TEAMS AND PART OF THE ASSETS OF SABELLA, A
MAJOR
PLAYER IN MARINE RENEWABLE ENERGIES
    * ACQUISITION OF OVER 80 MARINE ENERGY PATENTS
    * HAS OBTAINED THE AGREEMENT OF THE QUIMPER COMMERCIAL COURT
TO
TAKE OVER ALL THE EMPLOYEES AND PART OF THE ASSETS OF SABELLA,
WHICH HAS BEEN IN RECEIVERSHIP SINCE 22 OCTOBER 2023
    * IS TAKING OVER SABELLA'S 19 EMPLOYEES, INCLUDING 17
ENGINEERS,
THE INTELLECTUAL PROPERTY CONSISTING OF 81 PATENTS1 AND CERTAIN
ASSETS TO MAINTAIN THE COMPANY'S KNOW-HOW

Source text for Eikon:  ID: 
Further company coverage:  ALESE.PA 

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