Felss Group specialises in cold forming for the automotive industry as well as the manufacturing of machines and components.
SINGAPORE (Dec 20): Cromwell European REIT (CEREIT) is acquiring a portfolio of three light industrial and logistics assets in Germany for a purchase consideration of €38.0 million ($57.0 million), the group reported in a bourse filing on Friday.
CEREIT has entered into an agreement with subsidiaries of machine construction company Felss Group GmbH on Dec 19 to acquire the assets under a sale and leaseback arrangement.
