05-Oct-2026 09:51:49
AXISCADESGeneral news
AXISCADES: GERMAN SUBSIDIARY ADD-SOLUTION GMBH VOLUNTARILY LIQUIDATED
• add-solution GmbH, a wholly owned German step-down subsidiary of AXISCADES Technologies Limited, has been placed into voluntary solvent liquidation. • The subsidiary provided engineering design services to the automotive industry and recorded losses for several quarters. • The liquidation is part of the Group's exit from automotive engineering services to focus on growth platforms like aerospace and defence. • The company expects no material impact on its operations or profitability. Impact: Neutral (Procedural announcement regarding the orderly liquidation of a loss-making subsidiary, with no material financial impact expected.)
Axiscades Technologies Ltd
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