Winning Group, a retail business, completed the acquisition of BOLTA-WERKE, a developer and producer of surface-finished components, from Schultze & Braun. Financial terms were not disclosed. “We are very pleased that we were able to reach an agreement with the insolvency administration. This purchase is a significant step forward for Winning Group and its growth path in the automotive industry. Winning Plastics – Diepersdorf together with our existing Winning Plastics sites will be able to leverage great synergies and become one of the leading and healthy players in the European surface finished plastic parts market. We would also like to thank the customers and suppliers for their continued support and patience and specifically the Bolta workforce for their contribution in supporting the transaction and ensuring the turnaround of the operation. We are confident that together we will be able to effectively develop the business and create significant growth, even in the current complicated environment,” Sebastian P. Wagner, Winning Group CEO and Chairman of the Board.