Thielert Opens It’s Doors to Buyers
The word is out that some “well-known” investors as well as some new prospective customers have been showing a high interest in purchasing the insolvent Thielert Aircraft Engines. Diamond, however has dropped out of the bidding because they believe the Summary Description included by Thielert as part of the process “withholds relevant facts” and preludes them from vital information. Aside from Diamond dropping their bid, a spokesman for Thielert said that many of the offers have surprisingly exceeded their expectations. When the bidding ends, potential buyers will be able to examine Thielert more thoroughly and at that time negotiations will take place.
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The light is finally appearing at the end of the tunnel for Diamond.