Published on 28 August 2020
31 July, 2020 – After several difficult years, Frank & Pignard Technology has succumbed to the health crisis. With turnover 50% down on 2019 and worrying prospects for 2021, the Vallée de l’Arve automotive equipment manufacturer went into administration on 2 June this year. The ruling by the Commercial Court of Grenoble is now known: the takeover bid by its president and shareholder, BONNASSAY M&P Technology, has been accepted.
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