From 1st January this year AMC signed a Management & Consultancy contract with Sempertrans China to provide interim management and liquidator to manage the voluntary liquidation of its manufacturing site in Shandong China.

In light of the ongoing transformation process Semperit AG has started in 2018 the review of its conveyor belt manufacturing footprint of the Sempertrans Segment which manufactures, market and sales conveyor belts for a diverse range of applications in the mining, power generation, cement, steel manufacturing and commodity handling related industries.

This re-orientation resulted in the conclusion and decision that the conveyor belt manufacturing site in Shandong China which produced textile and steel cord conveyor belts for the Asian, Australian , US and South American markets was to be shut down and a voluntary liquidation was filed with the Chinese authorities. 

The closure decision was extensively reported by the international industry press including the China "rubber journal".

AMC will support the shareholders during the liquidation process and provide an industry experienced interim General Manager who will also act as liquidator/chairman of the liquidation committee. The AMC group will guide and manage the cease of all operational activities and will lead and oversee as liquidator the liquidation process, capitalizing its assets and final winding up the company, which is a joint venture between Semperit AG a V Austria based and at the Vienna stock exchange listed multinational and the Wangchao group, a State Owned Enterprise ( powerplant and mining operator ) in Shandong province.


"AMC experts understand your business because they come from the business" . AMC provide beside corporate transformation, crisis management , change and turn around also divestment and voluntary liquidation advise in China and south East Asia.
Visit our website for more info on what we can do for your company, www.amc-consultinggroup.com or contact us via info@amc-consultinggroup.com

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