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Indo Internacional SA To Submit Liquidation Request To Commercial Court; Crealux Innova SL Presents Binding Offer To Acquire Business Units Of Indo Internacional SA And Two Other Companies


Wednesday, 25 Sep 2013 05:35am EDT 

Indo Internacional SA announced that on September 24, 2013 and in accordance with Article 142.2 of the Insolvency Law it agreed to submit to the Commercial Court No. 6 of Barcelona a request for the liquidation of the following companies of Grupo Indo: Indo Internacional SA, Indo Lens Group SLU and Indo Equipment Group SLU, pursuant to the resolution adopted by the Board of Directors, since it was impossible to close a corporate operation, making it more difficult to achieve an agreement. The liquidation request is accompanied by a binding offer of an investor (Crealux Innova SL of Sherpa Capital Group) to acquire the business units of Indo Internacional SA, Indo Lens Group SLU and Indo Equipment Group SLU, which will ensure the preservation of more than 90% of the Group’s workforce. 

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