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Second Tiorgthard Move

17th November 1961
Page 73
Page 73, 17th November 1961 — Second Tiorgthard Move
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FOLLOWING the recent announcement that Bussing Automobilwerke AG, the Brunswick (West Germany) commercial vehicle producer, is to take over the Osterholz-Scharmbeck goods vehicle plant of the liquidating Borgward company, it is now stated that another German manufacturer,. RheinstahlHanomag, of Hanover, is interested in obtaining the company's SebaldsbrUck works for goods vehicle production.

Rheinstahl-Hanomag is said to have offered up to DMA) million for the plant, despite hopes on the part of Borgward that over double this sum could be raised. It is further stated that the Swedish vehicle producer, Svenska Aeroplan AB, of Linkoping, maker of Saab vehicles, .wishes to purchase the Goliath vehicle woiles. formerly occupied by the Borgward-group Company Goliath-Werke GmbH. It is considered possible that production of Goliath vehicles will be continued by the purchaser of this works.

Meanwhile, Bussing has stated that it will complete production of standing Borgward goods vehicles at the Osterholz-Scharmbeck plant and take over the supply of Borgward spares, as well as producing parts for the current Bussing range. "

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