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Cimex ?

March 17 2003 at 6:01 PM		 Ades Gros  
Rick, over on John's board somebody has posted that Cimex is closing down. Is that ture?




Ades
Carpet Magic

 
 
AuthorReply
Rick Gelinas

Re: Cimex ?

March 17 2003, 7:57 PM 

It looks like Cimex in England will most likely be purchased by a larger machine manufacturer. This deal does not affect the US importer who I spoke with this morning. I also spoke with the president of the new company today who is looking into purchasing Cimex/England. I can't reveal who the buyer is yet, but I will say that they have a lot of experience and deeper pockets. If all goes as planned - the deal should be done by the end of next week. There is presently a good supply of Cimex machines in New York and the change of ownership in England should not affect the supply chain here in the US from what I’ve been told.


Rick Gelinas
encapman

 
 
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