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YT Industries Suspends Operations After Investor Search Fails - Canadian Cycling Magazine
Summary by Canadian Cycling Magazine
4 Articles
4 Articles
After the insolvency in self-administration, a surprising change is emerging for YT Industries: Founder Markus Flossmann buys the company back. Markus Flossmann made a statement to us: At the beginning of the summer, the situation was still unclear: The main shareholder – a private equity investor – announced in July that the financing of YT Industries would not continue. This forced the company to declare insolvency in self-administration – we …
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