Neschen AG sells HSW Signall s.r.o., Prague/Czech Republic
Neschen Benelux B.V., a wholly owned subsidiary of Neschen AG, has today signed an agreement to sell its 51 % investment in HSW Signall s.r.o. The closing of this transaction is scheduled for 28.03.2013. The purchase price has not been disclosed. The purchaser, VATELORUS a.s., is a financial investor based in Prague in which one of the former founders of HSW Signall has an equity interest.