REpower Systems AG is selling the major assets of its logistics subsidiary Windenergie Logistik GmbH (WEL) to Universal Windkraft Logistik GmbH (UWL).
UWL is a subsidiary of the heavy goods transports company Universal Transport. The contract will take effect on April 1, 2011. The 30 or so employees at WEL will retain their jobs, with their contracts being transferred to UWL as of April 1. REpower acquired the major assets of its logistics partner Schaumann in 2008 and incorporated them in what is now WEL, a 100% subsidiary of REpower Systems AG.
UWL is a subsidiary of the heavy goods transports company Universal Transport. The contract will take effect on April 1, 2011. The 30 or so employees at WEL will retain their jobs, with their contracts being transferred to UWL as of April 1. REpower acquired the major assets of its logistics partner Schaumann in 2008 and incorporated them in what is now WEL, a 100% subsidiary of REpower Systems AG.
