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Belgian Ziegler subsidiary rescued by management buyout

The management buyout was led by CEO Eddy Allaert and secures the future of 150 employees, according to Belgian trade publication Transportmedia. The company says operations will continue without interruption. Intertrans was one of the entities affected by the bankruptcy of Ziegler Belgium, which filed for bankruptcy at the Brussels Commercial Court on 1 June.…

Belgian Ziegler subsidiary rescued by management buyout

The management buyout was led by CEO Eddy Allaert and secures the future of 150 employees, according to Belgian trade publication Transportmedia. The company says operations will continue without interruption. Intertrans was one of the entities affected by the bankruptcy of Ziegler Belgium, which filed for bankruptcy at the Brussels Commercial Court on 1 June.…