Schuler in investor deal

Schuler Pressen GmbH has reached an agreement with a strategic investor group based in Munich regarding the takeover of its die manufacturing activities in Göppingen and Weingarten, Germany.

With effect from 28 February 2020, the investment companies Navigator Capital GmbH and Accursia Capital GmbH will take over Schuler’s former body panel business unit, including around 200 employees across both sites. The new owner will operate the business unit as Cartec Tooling GmbH under the umbrella of the planned company, Deutsche Werkzeugbau (DWB).
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