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Lenzing sells three business units

6:44 AM MDT | July 3, 2015 | Michael Ravenscroft

Lenzing (Lenzing, Austria) has announced today that it is selling three business units, part of Lenzing Technik, as part of its strategy of focusing more strongly on its core business of producing man-made cellulosic fibers. The mechatronics business area will be acquired by Melecs (Vienna), a switchgear and electronics firm. The automation/robotics unit will be sold to cts GmbH (Burgkirchen, Germany). The company is internationally active in the fields of energy technology, robotics and automation technology. The sheet metal business operations are to be sold to...

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