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Gurit Holding AG Thurgauerstrasse 54 8050 Zürich, Switzerland http://www.gurit.com
Contact Mr Rudolf Hadorn +41 44 316 15 60
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Gurit Holding AG

Gurit Reports Closing of PVC Production Site Divestment

(PresseBox) (Zürich, )
Gurit (SIX Swiss Exchange: GUR) today announces the successful closing of the divestment of all shares in the Company`s PVC production site in Qingdao, China.  

Gurit has decided to focus the core materials manufacturing in the Asia-Pacific region on SAN, PET and balsa wood at its existing production facility in Tianjin, China.

Following this decision, Gurit has disclosed the signing of an agreement to sell all shares in Gurit’s PVC production company in Qingdao, China to Zhengyu Sunshine Industrial Co. Ltd. for an undisclosed purchase price on August 3rd, 2018.

 

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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.