Archived posting to the Leica Users Group, 2004/06/30

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Subject: [Leica] Leica Projection sold off
From: DouglasMSharp at netscape.net (Douglas M. Sharp)
Date: Wed Jun 30 05:30:12 2004

The local newspaper here in Hannover reported today :
 Leica Camera AG has sold the Projector branch
Leica Projection GmbH Zett Ger?te,  in Braunschweig to the Allegra 
Capital Group in Munich (a holding company),
the price was not released.

Leica is said to be restructuring their operations and concentrating on 
camera production.
The workforce in Solms was already reduced by around 20% (117 of the 
558) employees in April

Source Hannoversche Allgemeine Zeitung 30.6.2004

Douglas