Bloomberg News

Sietas to Sell Neuenfelder to Norway’s TTS, Abendblatt Reports

By Niklas Magnusson
July 07, 2012

J.J. Sietas KG will sell its Neuenfelder Maschinenfabrik division to TTS Group ASA (TTS) of Norway, Hamburger Abendblatt reported, citing Berthold Brinkmann, insolvency administrator for the shipyard company.

To contact the reporter on this story: Niklas Magnusson in Hamburg at nmagnusson1@bloomberg.net

To contact the editor responsible for this story: Angela Cullen at acullen8@bloomberg.net

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