07/06/2007 - BBS of America Inc continues under Belgian technology holding Punch
Sint-Martens-Latem, Belgium and Braselton, GA, USA – July 5, 2007 – Further to a press release issued last week, Punch International NV, Belgian diversified industrial holding company (‘Punch’) and BBS of America, Inc., full subsidiary of BBS, the German world-leading developer and manufacturer of lightweight wheels for premium segment sports and passenger cars, confirm that Punch has taken over the assets of BBS. The transaction also comprises the takeover of all the shares of BBS of America, Inc. The acquisition ensures business continuity at BBS and safeguards the future of the BBS brand. Continue »
