- Complete asset takeover
- paragon will not continue sports car production
- Company headquarters enhanced
The future of Artega Automobil GmbH & Co. KG is settled. On October 1, 2012, paragon AG takes over all of Artega's assets, but will not resume its sports car production, which was shut down by the insolvency administrator on September 30, 2012. "We need Artega's staff and especially the space to continue to develop our new fields of business here at our Delbrück site. I'm happy that we've been given this opportunity by the insolvency administrator," stressed Klaus Dieter Frers, Chairman of paragon's Managing Board.
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