Rigida-owned Alesa went bankrupt in May.
The new company has opened a production base in Hoogstraten, Belgium although rims will be made in Schurmann's German plant for a few months.
Exal NV will not benefit from any of Alesa's former machinery as this was taken back by the Rigida Group.
Gust Van der Kerken, the former president of Alesa, is MD of Exal NV.
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