Neschen Corporation signs non-binding Letter of Intent (LOI) to sell substantially all the assets of the US business
Neschen Corporation, based in Elkridge, Maryland USA and 95% owned by Neschen AG and 5% by wholly owned Neschen Benelux BV (“Neschen”) has signed a non-binding Letter of Intent (“LOI”) on 9 May 2013 to sell substantially all of its assets in the United States.