Mr M Durant, CEO of Belgian glassware manufacturer Durobor, has purchased 51% of the company's shares for an undisclosed sum. The remainder of the shares are held by Sadetam, owned by Walloon regional investment fund SRIW. The challenge is big: the concentration on core products, dynamic stock management and optimised equipment should lead to a turnover of Euros 50M in 2010 with a workforce of 363 people by the end of 2007.
Origin
Unknown
Journal Title
Cpiv News 212 Sept/05 13522
Sector
Domestic glass
Class
D 873