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| Visiocorp plc hires Houlihan Lokey investment bank | |
| Portchester, UK (November 5, 2008) Visiocorp plc, the world’s leading manufacturer of rearview mirror systems for the automotive industry, today announced that it has hired the international investment bank Houlihan Lokey as its financial adviser to evaluate its strategic options, including a possible sale of the group. Read More | |
| Visiocorp plc opens joint venture plant in China | |
| Portchester, UK (July 29, 2008) - Visiocorp plc, the world’s leading manufacturer of exterior mirrors for the automotive industry, announced the opening of a new joint-venture facility in Xizhou, China (south of Shanghai, near Ningbo). Developed with partner Ningbo Huaxiang, the new Ningbo Visiocorp Huaxiang Automotive Mirror Co., Ltd will produce exterior mirrors, fuel filler modules and other components based on a 50:50 joint venture agreement signed in August, 2007. Read More | |
| Visiocorp plc eröffnet Joint-Venture Werk in China | |
| Portchester, 29. Juli 2008 - Visiocorp plc, weltweit führender Hersteller von Außenspiegeln für die Automobilindustrie, hat nur elf Monate nach der Unterzeichnung des 50:50 Joint-Venture Vertrages mit Ningbo Huaxiang die Ningbo Visiocorp Huaxiang Automotive Mirror Co., Ltd. in Xizhou, nahe Ningbo (Provinz Zhejiang, südlich von Shanghai) eröffnet. „Ningbo Huaxiang ist der ideale Partner für uns. Das Unternehmen ist seit 20 Jahren ein etablierter und erfolgreicher Zulieferer der chinesischen Automobilproduktion und verfügt über ausgezeichnete Kenntnisse des chinesischen Marktes". Read More | |
| Visiocorp plc sells Sound GmbH | |
| Portchester (July 23rd, 2008) Visiocorp plc, the world’s leading manufacturer of rear-view mirror systems for the automotive industry, has taken another step in its strict adherence to its consolidation strategy, which is still running just as planned. Continuing to concentrate on its core business, the company has sold the company previously named Visiocorp Sound GmbH, in Esslingen, near Stuttgart (Germany), to its current managing director, Siegfried Marlok, in the form of a management buyout. Read More | |
| Visiocorp plc verkauft Sound GmbH | |
| Portchester (23. Juli 2008) Visiocorp plc, weltweit führender Hersteller von Rückspiegel-Systemen für die Au-tomobilindustrie, hat einen weiteren Schritt in der konsequenten Umsetzung sei-ner bisher planmäßig verlaufenden Konsolidierungsstrategie vollzogen. Mit der weiteren Konzentration auf das Kerngeschäft, hat das Unternehmen die bisherige Visiocorp Sound GmbH in Esslingen bei Stuttgart in Form eines Management Buyouts an den bisherigen Geschäftsführer Siegfried Marlok verkauft. Read More | |
| Visiocorp concentrates production in Zaragoza and closes its plant in Liria | |
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Valencia (June 05, 2008) Visiocorp plc, the world’s leading manufacturer of rear-view mirror systems for the automotive industry, announced today that it will concentrate the output of its Spanish factories at its plant located in Epila (Zaragoza). With this move the company will consolidate its production in Spain and reduce overcapacity in the Liria plant based on the fact, that during the past production period, the Liria factory experienced a decrease of turnover of over 30%. Read More |
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| Visiocorp plc. corrects 2008 full-year target | |
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Portchester (May 13, 2008) Visiocorp plc, the world’s leading manufacturer of rear-view mirror systems for the automotive industry, today announced that it would have to reduce its ambitious profit target for 2008. Reasons for this are the EUR 4 m negative currency effects caused by the dollar, the Korean won and the British pound, as well as the unsatisfactory business results of the plants still in the restructuring phase, especially in Germany and Hungary. Read More |
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| Visiocorp completes consolidation of German fuel filler flaps and door handle business | |
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Portchester (April 23, 2008) Visiocorp plc, the UK-based, leading global supplier of mirrors to the automotive industry, today announced the consolidation of its fuel filler flaps and door handle businesses in Germany. The Wedemark-Plant will be closed as from 1 July 2008 and operations will be moved to the Hattorf plant. Former Schefenacker AG (today Visiocorp) had acquired both plants with the acquisition of the insolvent Engelmann Group in May 2006. Read More |
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| Visiocorp schließt Konsolidierung seines Tankklappen- und Türgriffgeschäfts in Deutschland ab | |
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Portchester (April 23, 2008) Visiocorp plc, der weltweit führende Hersteller von Spiegeln für die Automobilindustrie, konsolidiert sein Tankklappen- und Türgriff-Geschäft in Deutschland. Dazu wird der Standort in Wedemark ab dem 1. Juli 2008 geschlossen, und die dortige Produktion an den Standort Hattorf verlagert. Die frühere Schefenacker AG (jetzt Visiocorp plc) hatte beide Standorte mit den insolventen Engelmann Werken im Mai 2006 erworben. Read More |
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| Visiocorp Hungary Bt. Awarded the "Q1" Award by Ford | |
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Mosonszolnok (February 20, 2008) The Hungarian plant of the international automotive supplier Visiocorp is receiving the sought-after award for high quality standards in the manufacture and supply of automotive parts for the automaker Ford. The Q1 Award will be conferred by a Ford delegation during the celebration in Mosonszolnok on February 20, 2008. Read More |
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| Visiocorp Moves Into Next Phase of Transformation | |
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| Visiocorp Names Global Account Director – North America | |
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Marysville (December 21, 2007) Visiocorp USA, Inc., a leading manufacturer of car and light truck mirrors, has announced that Jeff McQueen has joined the company’s Detroit Sales Office as the Global Account Director – North America, with global responsibility for the commercial business of Chrysler, Ford and General Motors. Read More |
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| Truck Owners Gain Exceptional Visibility with New Visiocorp-Developed Ford Powerscope™ Trailer-Tow Mirror | |
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Marysville (December 19, 2007) Telescopic trailer tow mirrors are one of the fastest growing truck accessories available today - for good reason: They offer exceptional side and rear visibility, and increased convenience when towing any type of load Read More |
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| The future at a glance: Beginning December 11, Schefenacker plc will trade under the new name of Visiocorp plc | |
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Portchester (December 11, 2007) Schefenacker plc, the leading manufacturer of exterior mirrors, is changing its name on December 11, 2007 and is beginning to trade under the new name of Visiocorp plc. After a successful reorganization, the company is presenting itself to customers worldwide with a new corporate identity and a new logo. Read More |
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| Schefenacker plc becomes Visiocorp plc. Name change on December 11th, 2007. | |
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Portchester (November 19, 2007) Schefenacker plc, the leading manufacturer of car mirrors, is being renamed Visiocorp plc on December 11th, 2007. Preparations for the change of name will be completed overnight from December 10th to December 11th, 2007. Read More |
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| Schefenacker expands production capacity in China | |
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Portchester (October 26, 2007) Schefenacker plc, the leading producer of exterior mirrors and Ningbo Huaxiang Electronic Company Ltd has founded a 50/50 Joint Venture for the production of exterior mirrors and other automotive components in China. Read More |
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| Schefenacker plc appoints Ulrich Bruhnke as its new CEO | |
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Portchester (July 03, 2007) Schefenacker plc, leading supplier of rear vision systems to the automotive industry, has appointed Ulrich Bruhnke, 53, as Chief Executive Office and board member. In addition, Schefenacker Plc has appointed to its board Stephan Kessel as Chairman of the Group and Alfred Schefenacker as a non-executive Director. Read More |
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| Award winning "seeing mirror" also on new Volvo XC70 | |
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Stuttgart (April 03, 2007) Schefenacker’s camera based blind spot detection system continues to offer assistance to drivers following its introduction on the all new XC70 model, recently showcased at the Geneva motor show. Read More |
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