Information regarding SiC Processing GmbH
Apr 02, 2013
The solar energy industry has
undergone a dramatic deterioration, which has had a very negative
impact on SiC Processing and its customer base.
As previously communicated SiC
Processing GmbH entered into debtor-in-possession proceedings under
self-administration in accordance with section 270b of the German
Insolvency Code (Insolvenzordnung) in December 2012.
Pursuant to a resolution at a
creditors' meeting on April 2, 2013 the self-administration ceased
and normal insolvency proceedings were initiated.
Katarina Janerud, Communications Manager,
NC Advisory AB, advisor to the Nordic Capital
Phone: +46 8 440 50 69
About Nordic Capital Private Equity Funds
Since the start in 1989, Nordic Capital Private Equity Funds
have invested in large and medium sized companies, primarily in
Northern Europe. Through committed ownership and by targeting
strategic development and operational improvements, Nordic Capital
creates value in its investments. The funds invest in companies in
Northern Europe and in selected investment opportunities
internationally. They are based in Jersey, Channel Islands, and are
advised by the NC Advisory companies in Sweden, Denmark, Finland,
Norway, Germany and the UK. Additional information about Nordic
Capital is available through its corporate website, www.nordiccapital.com.
Back to news listings >