Posts Tagged ‘ Albat and Wirsam ’

Glaston Corp. Works to Strengthen Balance Sheet, Financial Position

Feb 11th, 2013

outlet mbt toms outlet shop online Glaston Corp. has announced that it is working to strengthen its balance sheet and financial position through a number of activities, including the recent sale of its Software Solutions Business Area, Albat+Wirsam, share issues directed to the public and to the holders of the convertible bond and debenture bond […]

Glaston Sells Albat+Wirsam to Constellation Software

Nov 13th, 2012

Glaston Corp. and Constellation Software Inc., acting through its wholly owned subsidiary Friedman Corp., have signed a definite and binding agreement for the sale of 100 percent of the shares in ALBAT+WIRSAM Software GmbH (A+W). According to the announcement, the value of the deal is estimated at EUR 18 million (approximately 23 million USD) and […]

Glaston Negotiates Sale of its Software Solutions

Oct 19th, 2012

Glaston Corp. announced that it has entered into exclusive negotiations for the sale of Albat+Wirsam Software GmbH. Glaston expects the transaction to be completed by the end of 2012, thus divesting its Software Solutions business area. “Glaston wants to put more focus on growing and developing its core competences; on glass processing machinery and related […]