
Displaying items by tag: IntensivFilter
Himenviro acquires Intensiv-Filter
24 October 2012Germany: Indian filter manufacturer Himenviro has invested in Intensiv-Filter & Co KG. On 1 October 2012 Himenviro acquired around 60 employees at Intensiv-Filter's Velbert-Langenberg site. The German industrial dust specialist declared insolvency in May 2012.
"The competence and experience of the Intensiv-Filter team combined with the technical know-how of the investor has set the course for a long-term successful filter technology company," said temporary insolvency trustee Dr Marc d'Avoine. Part of the agreement between the insolvency administrator and the Himenviro was to maintain the employment of Intensiv-Filter's experienced workforce.
Intensiv-Filter files for insolvency
13 June 2012Germany: Intensiv-Filter & Co KG has submitted an application for insolvency. The application was submitted on 31 May 2012 to the district court of Wuppertal, Germany. Dr Marc d'Avoine was appointed as the temporary insolvency trustee.
Initial plans are to re-start ongoing projects as quickly as possible. To aid re-capitalisation, d'Avoine has implemented efficiency improvement measures and continued technological advancements at the firm. In addition the sales department has, in spite of the insolvency, managed an order boom for the manufacture of machines and plants.
Intensiv-Filter group operates worldwide with around 400 employees. For 90 years it has been a leader in dust removal technology.