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Claas Separates from Foundry

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The agricultural equipment manufacturer Claas in Harsewinkel has separated from his involvement in the Class Casting Foundry with a head office in Gütersloh Germany. Buyers from the company Ergocast will take over the shares.

“In a market characterized by overcapacity competitive environment, with increasing internationalization and consolidation in the industry, developing new business areas and reducing costs had been taken”, according to the statement on the sale of Claas shares.

"The lines of business of both companies complement each other. For both sides, synergies in market development, the development of business and the use of resources "stated Karlheinz Kalze, CEO of Claas Cast.

There will be no immediate changes for the employees and the company structure.
 
Source: www.die-glocke.de

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