The transfer of business of the bankrupt fibre firm Trevira Group to its new owners, Stefan Messer and Dr Karl-Gerhard Seifert, will take place on 1 November 2009, the company said this week.

The deal, which was first announced in August, has been held up by delays at European anti-trust authorities. 

The sale safeguards the Trevira production sites in Bobingen and Guben, Germany, and at Zielona Gora in Poland.

It also includes the company's marketing and sales office in Hattersheim, Germany, and all the group's trademarks and patents.

The new owners will take on around 1,450 existing employees, after 300 jobs were axed in August.