[rollei_list] Re: looks like it is the end for agfa
- From: Ardeshir Mehta <ardeshir@xxxxxxx>
- To: rollei_list@xxxxxxxxxxxxx
- Date: Fri, 27 May 2005 23:58:12 -0400
On 27-May-05, at 9:08 PM, John A. Lind wrote:
> At 05:00 PM 5/27/2005, Ruben wrote:
>
>> Agfa-Gevaert regrets this development for AgfaPhoto GmbH but is
>> hopeful, that in the interest of preserving the employment and the
>> business operations of AgfaPhoto group, the current difficulties
>> can be overcome and that AgfaPhoto GmbH recovers quickly.
>
> It appears that their filing is some form of bankruptcy protection.
> I'm not steeped in German law, but don't believe it's necessarily
> "The End" for Agfa. Undoubtedly there was significant wringing of
> hands, tearing of hair, gnashing of teeth and rending of clothing
> when Rollei hit the rocks some time ago, and they're still around.
> So are the Zeiss Stiftung, Schneider-Kreuznach and Leica.
>
> -- John Lind
Yes, indeed. A respected brand name which has been around for years
has inherent value in its field, regardless of who owns it. Whoever
buys it up will most likely keep it going.
---
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