Entrepreneurial family Schug buys insolvent plant manufacturer

As the editors learned shortly before going to press, the insolvent plant manufacturer Hans Lingl Anlagenbau und Verfahrenstechnik GmbH & Co. KG has been saved. According to the insolvency administrator, the takeover by the Schug family of entrepreneurs from the Upper Palatinate has now also been approved by the creditors‘ committee. The company name Lingl, which is well known on the world market, is to remain.

The Schug family is, among other things, the owner of Lippert GmbH & Co. KG, a mechanical engineering company in the Upper Palatinate. Lippert manufactures plants and machines for logistics, automation, technical ceramics and for the sanitary and porcelain industries.

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