SWITZERLAND: Sock Maker Jacob Rohner Reveals Acquisitions
Swiss sock manufacturer Jacob Rohner announced on Wednesday it had taken over Flexy, based in Balgach, and its subsidiary Séance, based in Marbach, so it could establish a united company. Workers at both sites have been told their jobs are safe as no cuts will be made among the 150 employees in Balgach and in its subsidiary in Portugal, the company said in a statement.