Turkey-based investor acquires wheel maker BBS
An investor has been found for insolvent wheel manufacturer BBS Automotive GmbH. The insolvency administrator handling the case reports that a firm called ISHManagementServices GmbH is planning to extensively invest in the Schiltach, Germany-based business. ISH is backed by İş Global Teknik İnşaat A.S., a family-owned holding group from Turkey.
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