Airtrax in FiLCO deal?
NewsIt is reported that Airtrax, Inc, the US-based designer of omni-directional “Sidewinder” FLTs (see WorldCargo News, October 2002, p29), is negotiating a stake in FiLCO GmbH.
Young An Hat Company Ltd (YAHC), which recently bought Clark Material Handling Company (CMHC) in the USA to bring it out of bankruptcy (see last month’s WorldCargo News p3), is close to securing a similar buyout deal with the receivers of Clark Material Handling Europe (CMHE) in Mulheim, Germany.
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