Index offers

Index, the German manufacturer, has stepped forward as a contender for the purchase of Traub Turning Machines, the troubled German machine tool company. Gildemeister has already put in a bid. Traub is expected to go into receivership next week. The British subsidiary, Traub Heckert UK is not affected by the receivership.

Index, the German manufacturer, has stepped forward as a contender for the purchase of Traub Turning Machines, the troubled German machine tool company. Gildemeister has already put in a bid. Traub is expected to go into receivership next week. The British subsidiary, Traub Heckert UK is not affected by the receivership.