Following its acquisition of a “significant interest” in the Cobra Group/Depreux in the second half of 2015, Rema Tip Top has now increased its stake in the French conveyor belt manufacturer to 100 per cent. Financial details of the transaction have not been disclosed.
As of March 2016, the Board of Directors at Rema Tip Top AG will double in size through the appointment of Thorsten Wach and Udo Zimmer. Thorsten Wach will take on the role of chairman and Udo Zimmer that of financial director.
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