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| Vinci Energies restructures TMS As part of the restructuring of TMS, which specialises in the design and installation of automotive body assembly lines and handling systems, Vinci Energies has just sold the remaining activities in Austria, Germany and the Czech Republic of its subsidiary based in Linz to the Canadian Valiant Group. From North America, the latter is expanding activities that offer major industrial synergies with the activities of TMS Linz. The divestment constitutes the last stage of the TMS Group restructuring process undertaken in 2004, which has resulted in the sale to their respective managements of TMS Automation, TMS South Africa and TMS Aritex (Spain). TMS activities in France, for their part, were integrated within Actemium, the brand that brings together all Vinci Energies electrical and mechanical engineering and PLC activities for the industrial sector. write your comments about the article :: © 2006 Construction News :: home page |