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Titanox Holds Negotiations with Bossard in Order to Sell Its Self-clinching Business
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2015-03-25
The TITANOX Group is currently conducting negotiations with the Swiss Company BOSSARD for the sale of its self-clinching division.
TITANOX will continue to grow through its own brand of blind riveting solutions RIV-ELIT® and with its full portfolio of technical fasteners: access solutions, ball bearing slides, springs and retaining rings, inserts for plastic and composite materials, welding fasteners and tools.
The sale of this division will enable Mrs. Caroline FODOR, CEO of Titanox since 2005, to become its majority shareholder. It will allow the group to continue its growth and to enter into a new phase of development.
The Titanox Group is operating in France and internationally through its subsidiaries: Titanox Fastening Technologies, Titanox Asia and Titanox China.
Technical expertise remains the core value of the Titanox group and will keep supporting its development in diverse areas such as energy, medical, telecoms, electronics and transportation industries.
