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Baader-owned Icelandic firm Skaginn 3X files for bankruptcy

Baader acquired a majority stake in the Icelandic processing equipment manufacturer in 2021; the closure of one the largest employers in the town of Akranes means 128 jobs lost

By Neil Ramsden | July 4, 2024 14:03 BST
SUBCHILLING system. Source: Skaginn
SUBCHILLING system. Source: Skaginn
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Baader-owned Icelandic processing equipment manufacturer Skaginn 3X has filed for bankruptcy, meaning the loss of 128 jobs in the small town of Akranes [...]

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