Brief: Feintool Says Reaches Agreement With Employee Representatives In Sachsenheim On Realignment Of Business Unit Stamping Europe

Feintool International Holding AG

22/08/2025 17:04

Aug 22 (Reuters) - Feintool International Holding AG FTON.S:

FEINTOOL REACHES AGREEMENT WITH EMPLOYEE REPRESENTATIVES IN SACHSENHEIM ON REALIGNMENT OF BUSINESS UNIT STAMPING EUROPE – PART OF PRODUCTION IN SACHSENHEIM TO REMAIN IN OPERATION

FEINTOOL: ONCE RESTRUCTURING PROCESS IS COMPLETE, ABOUT 230 JOBS ARE EXPECTED TO REMAIN AT GEOGRAPHICALLY CLOSE LOCATIONS OF VAIHINGEN AND SACHSENHEIM

FEINTOOL INTERNATIONAL HOLDING AG: ENTIRE PROGRAM WILL RESULT IN RESTRUCTURING COSTS OF AROUND CHF 47 MILLION

FEINTOOL INTERNATIONAL HOLDING AG: REACHED AGREEMENT SEES SACHSENHEIM SITE CONTINUING TO OPERATE ON A REDUCED SCALE IN FUTURE

FEINTOOL INTERNATIONAL HOLDING AG: FOCUS IN SACHSENHEIM WILL BE ON BUSINESS OF COMPONENTS FOR INDUSTRIAL APPLICATIONS

Source text: ID:nGNE3JllfJ

Further company coverage: FTON.S

 ((Reuters.Briefs@thomsonreuters.com;))