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Gurit Holding AG Thurgauerstrasse 54 8050 Zürich, Switzerland http://www.gurit.com
Contact Ms Tanja Moehler +41 44 316 15 55
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Gurit Holding AG

Gurit Acquires BASF PET Business

(PresseBox) (Zurich, Switzerland, )
Gurit (SIX Swiss Exchange: GUR) today announced that it has acquired BASF`s PET structural foam business for an undisclosed purchase price.

The transaction comprises BASF`s PET operations in Italy, including its staff, operating assets and product IP in the form of an asset deal.



This acquisition will strengthen Gurit`s structural core material product range and add a sizeable European-based PET production capacity to the Company`s existing PET operations in China. The Kerdyn® product brand will reinforce Gurit`s PET product offering to the wind, marine, transport and construction industry. Additionally, Gurit will gain significant extrusion process technology and product wbytjtvrmm vcrm-voz.



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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.