Siegfried signed outsourcing agreement with EBM

18-Jan-2011 - Switzerland

The Siegfried Group signed a cooperation agreement for its plant in Zofingen with EBM Industriecontracting AG, a subsidiary of the EBM Group, Münchenstein. In terms of the agreement, which becomes effective retroactively as of 1 January 2011, EBM is responsible for all matters concerning supply and waste disposal at Siegfried’s Zofingen location. EBM paid CHF 11.5 million for the acquisition of the corresponding buildings and equipment, and the company will take on the eight members of staff working in the unit.

Siegfried CEO Rudolf Hanko: “As a result of our cooperation with EBM, Siegfried and its customers will benefit from a professional service at lower cost. The step represents a further contribution toward Siegfried’s continued striving to reach higher competitiveness.”

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