The court is expected to appoint an insolvency administrator to examine the possibility of continuing business operations and possible options for restructuring and/or selling the business in due course.
Despite political and economic uncertainty persisting globally, the company remains steadfast in its focus on controlling costs, cash conversion, and driving growth. The company expects to return to organic growth during 2024, although the timing of the recovery remains uncertain.
To underscore the critical role painting contractors serve in the community, the company will take its initiative on tour with in-store events and special offerings.
The "Hardware Hero" campaign celebrates the triumph and relatability of home improvement projects backed by the expertise of the neighborhood hardware store.
Although sales are still down since the previous year, the good start into the year gives the company confidence that it can achieve its targets for the fiscal year.
The current head of WACKER’s Corporate Research Department takes charge of the Group’s U.S. subsidiary, Wacker Chemical Corporation (WCC), at the beginning of May.
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