Mifa Acquires Steppenwolf Assets
Mitteldeutsche Fahrradwerke AG (Mifa) has acquired, "All of Steppenwolf's GmbH assets by way of an asset deal through a newly-founded subsidiary, Steppenwolf Bavaria GmbH". On 26 July the German bike supplier Steppenwolf applied for insolvency. Since then operations continued. Both the company management as well as the receiver handling the insolvency procedures were optimistic to find an investor. And they did.
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