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The signature of all 22 remaining owners appears to be assured now, after final negotiations end of last week. Märklin employees went this morning from the factory to "downtown" Göppingen to ultimately demonstrate for agreement of the sale to Kingsbridge.
http://www.n-tv.de/665370.html
(German text)
English translation
"Rather sold as Märklin betrayed" is sold
The sale of the model railroad manufacturer Märklin at the British finance investor Kingsbridge Capital stands directly before the termination. The families owners of designated the probability of a sale according to concurring statements of works committee member and management of Märklin with 99.9 percent, writes the "Stuttgarter newspaper". "All three tribe representatives have confirms, that the signatures with a security of 99.9 percent on Tuesday come", says the works committee member chair Franz Jordan of the newspaper.
On Monday morning the Märklin works committee member had met with Susanne Friz-child, Gerd Wölz and the lawyer Wolfgang Röhrl. They represent the three families tribes Friz, Safft and Märklin that hold respectively one-third of the tribe capital of 12.64 million Euros at the business. All three representatives expressed themselves for a sale at Kingsbridge Capital. The manager Paul Adams confirmed the information. After the works committee member had informed the personnel about the new situation, approximately 300 colleagues of Märklin of the work terrain pulled into the Göppinger inner cities in order to support the sale. On the transparent stood among other things: "Rather sold as betray".
Stephen haskins
Marklinist
PS: See also here: http://www.ftd.de/unternehmen/industrie/71093.html
http://www.n-tv.de/665370.html
(German text)
English translation
"Rather sold as Märklin betrayed" is sold
The sale of the model railroad manufacturer Märklin at the British finance investor Kingsbridge Capital stands directly before the termination. The families owners of designated the probability of a sale according to concurring statements of works committee member and management of Märklin with 99.9 percent, writes the "Stuttgarter newspaper". "All three tribe representatives have confirms, that the signatures with a security of 99.9 percent on Tuesday come", says the works committee member chair Franz Jordan of the newspaper.
On Monday morning the Märklin works committee member had met with Susanne Friz-child, Gerd Wölz and the lawyer Wolfgang Röhrl. They represent the three families tribes Friz, Safft and Märklin that hold respectively one-third of the tribe capital of 12.64 million Euros at the business. All three representatives expressed themselves for a sale at Kingsbridge Capital. The manager Paul Adams confirmed the information. After the works committee member had informed the personnel about the new situation, approximately 300 colleagues of Märklin of the work terrain pulled into the Göppinger inner cities in order to support the sale. On the transparent stood among other things: "Rather sold as betray".
Stephen haskins
Marklinist
PS: See also here: http://www.ftd.de/unternehmen/industrie/71093.html