From pv journal Italy

The directors of Italian inverter producer Fimer have launched proceedings for its sale.

Under Italian legislation, extraordinary administration processes are used for big bancrupt firms to guard belongings and workers by way of continued or transformed enterprise actions.

The gross sales course of goals to determine events taken with submitting binding gives for the unitary and inseparable switch of the Fimer company advanced to new possession.

“The process and necessities are detailed within the paperwork on our web site that may be reached by way of this hyperlink,” a Fimer spokesperson stated. pv journal Italy.

The sale consists of the corporate’s property, the Terranuova Bracciolini manufacturing facility within the Tuscany area of Italy, equipment and gear, warehouse of uncooked supplies and items, certification, authorization, and employment contracts for 266 staff. It additionally consists of different lively and passive contracts, transferable belongings together with registered ones, mental property rights, know-how, emblems, and patents.

Interested buyers have till August 31 to submit gives.

Fimer introduced an industrial launch in September 2022 after coming into into composition-with-creditors proceedings at a tribunal in Arezzo, Italy. The firm filed for creditor safety in the identical court docket in February 2023 and introduced a brand new industrial plan to the tribunal in late June 2022.

In July 2023, Fimer stated that its board of administrators selected the Clementy Group as a strategic associate to accumulate it, pending the choice of the Court of Milan. However, no additional bulletins have been made relating to this operation.

Fimer operates two inverter factories in Italy and one in India.

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