Part of reorganizing involves killing anything that does not contribute to the bottom line. Then if that's not enough they start killing off less profitable divisions. Their goal will be to trim down to their core competency. There may or may be some short term deals our there depending on what comes out of the woodwork but one thing's for sure, once they are through reorganizing don't count on support for anything over 7 years old. Thanks, Tom Hargrave 256-656-1924 Our Web Sites: www.kegkits.com www.stir-plate.com www.andyshotsauce.com
-----Original Message----- From: Vanagon Mailing List [mailto:vanagon@GERRY.VANAGON.COM] On Behalf Of Jeff Sent: Thursday, January 28, 2010 7:30 PM To: vanagon@GERRY.VANAGON.COM Subject: Re: Westfalia gone bankrupt They're trying for a re-organization. Looks like their sales were off 70% last year. Went from ~40 million Euro in 2008 to ~12 million in 2009. Ouch! Could be some good deals on old inventory... Cheers, Jeff
-----Original Message----- From: Vanagon Mailing List [mailto:vanagon@gerry.vanagon.com] On Behalf Of Jens Jakob Andersen Sent: Thursday, January 28, 2010 11:51 AM To: vanagon@GERRY.VANAGON.COM Subject: Westfalia gone bankrupt Bye bye Westfalia: http://www.deredactie.be/cm/vrtnieuws/economie/100127_Westfalia |
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