Brief: Max Automation To Close IWM Automation Bodensee

MAX Automation SE

25/06/2019 17:26

June 25 (Reuters) - MAX AUTOMATION SE  MXHNn.DE :
    * DGAP-ADHOC: MAX AUTOMATION SE: SUPERVISORY BOARD DECIDES
CLOSURE
OF IWM AUTOMATION BODENSEE GMBH
    * SUPERVISORY BOARD OF MAX AUTOMATION SE HAS TODAY DECIDED
CLOSURE
OF HIGH LOSS-MAKING SUBSIDIARY IWM AUTOMATION BODENSEE GMBH IN
BERMATINGEN AS OF DECEMBER 31, 2019
    * PROCESS OF CLOSING IWM AUTOMATION BODENSEE GMBH AT ITS
LOCATION
IN BERMATINGEN AFFECTS AROUND 100 JOBS
    * IN ADDITION TO RESULTING OPERATING LOSSES, ADDITIONAL
COSTS FOR
CLOSURE WILL BE IN UPPER ONE-DIGIT MILLION RANGE

Source text for Eikon:  ID:nEQ1dhjCNa 
Further company coverage:  MXHNn.DE 

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