Swiss based alloy wheel manufacturer Uniwheels has acquired the European interests of Germany’s ATS Group, former subsidiary of South African company Tiger Wheels. Included in the purchase are the company’s affiliated production factories in Germany and Poland as well as the globally recognised ATS brand name. We can only speculate at the purchase price – Uniwheels has chosen not to disclose this – and a separate solution is sought for the company’s US subsidiary, ATS Light Alloy Wheels (Alabama), Inc.

“With Uniwheels we have found an investor, who is taking over the shares of the subsidiaries of the insolvent ATS Beteiligungs GmbH,” commented Tobias Hoefer, representative of the Group’s insolvency administrator, Hack Hoefer. “With that in Europe all jobs and sites of the Group can be kept. This is the best possible result for the creditors and the employees.”